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Trump, the Dragon, and the Minotaur – Project Syndicate op-ed

  ATHENS – If Donald Trump understands anything, it is the value of bankruptcy and financial recycling. He knows all about success via strategic defaults, followed by massive debt write-offs and the creation of assets from liabilities. But does he grasp the profound difference between a developer’s debt and the debt of a large economy? […]

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Trump, our post-modern 1930s and DiEM25’s moment

[Originally published here] The election of Donald Trump symbolises the demise of a remarkable era. It was a time when we saw the curious spectacle of a superpower, the US, growing stronger because of – rather than despite – its burgeoning deficits. It was also remarkable because of the sudden influx of two billion workers […]

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Why America still matters

Why is America still important? Below I copy the answer I gave in 2011 in the last chapter of The Global Minotaur: America, Europe and the Future of the World Economy. (For those not familiar with the economic meaning of my Minotaur allegory, read this.) Today, as the Trump Presidency looms, I fear that that conclusion […]

And the Weak Suffer What They Must? - the book Australia DiEM25 English Guest Post The Global Minotaur: A theory of the Global Crisis Uncategorized

Resisting Resentment Politics Down Under – guest post by Paul Tyson

How owning our Resentment can save Australian Politics In this piece, Paul Tyson, honourary Research Fellow at the University of Queensland, outlines his take on the rise of rightwing populist resentment, as a powerful political force, from an Australian perspective.

English Op-ed Politics and Economics Project Syndicate The Global Minotaur: A theory of the Global Crisis Uncategorized

Imagining a New Bretton Woods – Project Syndicate op-ed

The financial meltdown of 2008 prompted calls for a global financial system that curtails trade imbalances, moderates speculative capital flows, and prevents systemic contagion. That, of course, was the goal of the original Bretton Woods system. But such a system today would be both untenable and undesirable. So, what might an alternative look like?

Democratise the Euro! English European Crisis Event Announcement Politics and Economics The Global Minotaur: A theory of the Global Crisis Uncategorized

This Friday, in London: Toward a New Politics for Europe – with Paul Mason

Ever since the financial crash, the left has struggled to articulate a future for Europe that takes into account the needs of all its citizens. But this year, two anti-austerity movements with very different styles shot to prominence and to popularity - Syriza in Greece and Podemos in Spain. The UK is witnessing the surge [...]