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Star Trek versus Imperialist Doctrine – Common Dreams & Project Syndicate

, 31/08/2021

America’s liberal imperialist doctrine has been responsible for appalling carnage in places like Vietnam, Iraq, and Central America. But America has also produced a liberal anti-imperialist doctrine that remains ensconced in a TV series that has been captivating US audiences since 1966. ATHENS – On February 9, 1967, hours after the US Air Force pounded […]

A central bank cryptocurrency to democratise money – Project Syndicate & Jordan Times

, 02/08/2021

The history of money has been the history of the struggles to control the payment system and the money tree. Today, with control over both resting in the hands of bankers, central banks’ efforts to boost business end up amplifying inequality while failing to address either economic stagnation or the looming climate disaster. The time […]

Techno-Feudalism Is Taking Over – Project Syndicate op-ed

, 05/07/2021

This is how capitalism ends: not with a revolutionary bang, but with an evolutionary whimper. Just as it displaced feudalism gradually, surreptitiously, until one day the bulk of human relations were market-based and feudalism was swept away, so capitalism today is being toppled by a new economic mode: techno-feudalism. This is a large claim that […]

Η κρυφή γοητεία της Λιτότητας

, 27/05/2021

Αν η Λιτότητα είναι μια ιδέα τόσο κακή όσο λέω ότι είναι, κι η εφαρμογή της συρρικνώνει την οικονομική δραστηριότητα ακόμα και των ισχυρών, τότε γιατί είναι τόσο δημοφιλής μεταξύ των κραταιών της γης; Κατά τη δεκαετία του 1840, ο Τόμας Πηλ αποφάσισε να μεταναστεύσει από την Αγγλία στον Κύκνειο Ποταμό της Δυτικής Αυστραλίας. Ευκατάστατος […]

Austerity’s hidden purpose – Project Syndicate/Katmandu Post

, 20/05/2021

Back in the 1830s, Thomas Peel decided to migrate from England to the Swan River in Western Australia. A man of means, Peel took along, besides his family, ‘300 persons of the working class, men, women, and children,’ as well as ‘means of subsistence and production to the amount of £50,000.’ But soon after arrival, […]

The Eternal Marx: Reviewing Shlomo Avineri’s KARL MARX: PHILOSOPHY & RELIGION

, 04/05/2021

Shlomo Avineri’s recent biography demolishes the charge that Karl Marx was a self-hating anti-Semite. And by dragging Marx, kicking and screaming, back into the Rhinish Jewish community that shaped him, Avineri yields new insights pertinent to today’s global challenges. Shlomo Avineri, Karl Marx: Philosophy and Revolution, Yale University Press, 2019. The problem with egotists is that […]

Football Takes Capitalism Out of Bounds – Project Syndicate

, 04/05/2021

Europe has discovered its moral Rubicon, the frontier beyond which commodification becomes intolerable. The line in the sand that Europeans refuse to cross, come what may, has just been drawn. We bowed to bankers who almost blew up capitalism, bailing them out at the expense of our weakest citizens. We turned a blind eye to […]

Ποδόσφαιρο – Καπιταλισμός 1Χ2

, 04/05/2021

Την περασμένη εβδομάδα, η Ευρώπη ανακάλυψε τα όρια της ανοχής της. Την ηθική της ραχοκοκκαλιά. Το σύνορο πέραν του οποίου θεωρεί ανυπόφορη την περαιτέρω εμπορευματοποίηση των αξιών. Την λεπτή κόκκινη γραμμή που οι Ευρωπαίοι αρνούνται να περάσουν, ό,τι και να τους τάξουν. Μπορεί να σκύψαμε το κεφάλι στους τραπεζίτες που τίναξαν στον αέρα τις οικονομίες […]

A Covid-19 counterfactual for Europe – Project Syndicate

, 10/04/2021

Imagine that the coronavirus pandemic, rather than undermining confidence in the European Union, had strengthened it. Imagine that Covid-19 had persuaded EU leaders to overcome years of acrimony and fragmentation. Imagine that it had catalysed the emergence this year of a stronger, more integrated bloc to which the world looked for global leadership. Imagine. It […]

The Goldilocks Stimulus Myth – Project Syndicate, The Kathmandu Post

, 09/03/2021

Both supporters and critics of US President Joe Biden’s $1.9 trillion stimulus plan assume that there is a dollar amount that is just right. In fact, no such figure exists: every possible stimulus size is simultaneously too little and too big. ATHENS – US President Joe Biden, facing the great challenge of stimulating his country’s […]

Η Αλήθεια Μετά τον Τραμπ – από την στήλη μου στο 24 | 7

, 03/02/2021

Οι αντίπαλοι του Ντόναλντ Τραμπ τον αποκαλούν ψεύτη. Το πρόβλημα όμως είναι ότι ο Τραμπ είναι κάτι πολύ χειρότερο από ψεύτης. Ο Νίξον έλεγε ψέματα για να θάψει αλήθειες, το ίδιο κι ο Κλίντον και πολλοί άλλοι. Όχι, το πρόβλημα με τον Τραμπ είναι ότι μέσα σ’ ένα χείμαρρο ψεύδους που έβγαινε από το στόμα του που […]

The COVID Class War – THE IRISH EXAMINER & Project Syndicate

, 02/07/2020

“Strengthening the solidarity of Europe’s oligarchs is not a good strategy for empowering Europe’s majority. Quite the contrary. Any “recovery” based on such a formula will short-change almost all Europeans and push the majority into deeper despair.” ATHENS – The euro crisis that erupted a decade ago has long been portrayed as a clash between […]

A Chronicle of a Lost Decade Foretold – FilmsForAction & Project Syndicate

, 01/06/2020

ATHENS – To exorcise my worst fears about the coming decade, I chose to write a bleak chronicle of it. If, by December 2030, developments have invalidated it, I hope such dreary prognoses will have played a part by spurring us to appropriate action. Before our pandemic-induced lockdowns, politics seemed to be a game. Political […]

Climate change is capitalism’s Waterloo – IRISH EXAMINER

, 11/03/2020

Steven Mnuchin’s snide remark about teenage climate activist Greta Thunberg at this year’s World Economic Forum meeting in Davos outraged liberal commentators. US treasury secretary Mnuchin, responding to Thunberg’s call for an immediate exit from fossil fuel investments, said that she should go to college “to study economics” before “she can come back and explain […]

Brexit: A rational choice for the wrong reasons? – Financial News & Project Syndicate

, 11/03/2020

The motives and thinking behind Brexit were even less worthy than those behind US President Richard Nixon’s move in 1971 to ditch the Bretton Woods system. But, as with the “Nixon shock,” there is a singular underlying historical factor that explains Brexit. ATHENS – At pivotal historical moments, rational political ruptures often are brought about […]

Imagining a world without capitalism – Financial News

, 09/01/2020

Anti-capitalists had a miserable year. But so did capitalism. While the defeat of Jeremy Corbyn’s Labour party in the UK this month threatened the radical left’s momentum, particularly in the US, where the presidential primaries loom, capitalism found itself under fire from some unexpected quarters. Billionaires, CEOs, and even the financial press have joined intellectuals […]

Time for ECB bonds! (Yes , things are this bad) – Project Syndicate op-ed

, 26/09/2019

ATHENS – During his tenure as President of the European Central Bank, Mario Draghi forged a variety of weapons that he deployed to shield the eurozone from menacing deflationary forces. Without them, the euro would have been history. However, the deflationary specter haunting Europe was never truly defeated and is now back with considerable vengeance. In the […]

Boris is doing a troika, not a Varoufakis – IRISH EXAMINER

, 27/08/2019

ATHENS – Ever since Boris Johnson moved into 10 Downing Street vowing to re-negotiate the United Kingdom’s withdrawal agreement with the European Union, the conventional wisdom among many Brexit opponents has been that the UK’s new prime minister is “doing a Varoufakis” and will be crushed in similar fashion. The BBC’s Katya Adler reported from […]

Jeremy Corbyn’s finest hour? IRISH EXAMINER (Project Syndicate)

, 31/07/2019

Jeremy Corbyn must expose Boris Johnson’s no-deal Brexit as a Trump-deal Brexit and put forward Labour’s plan to end the interminable Brexit ordeal immediately, suggests Yanis Varoufakis Boris Johnson is the first British prime minister in a long time who is free of dilemmas regarding his approach to the European Union. For better or worse, Johnson’s […]

A Greek Canary in a Global Goldmine – Project Syndicate op-ed 17 May 2019

, 20/05/2019

ATHENS – The eurozone country that has become synonymous with insolvency is today proving to be a treasure-trove for some. Traders who bought Greek assets a few years ago have good reason to celebrate, having banked returns that no other market could have provided. But, as is often the case, an opportunity that seems too […]

First they came for Assange…

, 17/04/2019

 So, here is an idea: Let us join forces to block Assange’s extradition from any European country to the US, so that he can travel to Stockholm and give his accusers an opportunity to be heard. Let us work together to empower women, while protecting whistle-blowers who reveal nefarious behavior that governments, armies, and corporations […]

Europe’s Leaders Are Aiding Italy’s Populists – Project Syndicate op-ed

, 03/03/2019

The fact that Italy’s public debt has a lower credit rating than private debt is a reflection not of public debt’s intrinsic inferiority but of a political choice made by European leaders. And, by bolstering an authoritarian politician, that choice is now blowing back on them. ATHENS – Italy is now the frontline in the […]

The Brexit clock must be run down, not re-set – op-ed

, 24/01/2019

The overwhelming defeat that Britain’s Parliament inflicted upon Prime Minister Theresa May’s Brexit plan was fresh confirmation that there is no substitute for democracy. Members of Parliament deserve congratulations for keeping their cool in the face of a made-up deadline. That deadline is the reason why Brexit is proving so hard and potentially so damaging. […]

Turning Brexit Into a Celebration of Democracy – Project Syndicate op-ed, 26 DEC 2018

, 14/01/2019

Paradoxically, while the current Brexit impasse is pregnant with risk, the British should welcome it. Their discontent with the choices before them is an opportunity, not a curse, and more democracy is the antidote, not the disease. ATHENS – Discontent without end looms over Britain. Leavers and Remainers are equally despondent. Her Majesty’s Government and […]

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