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Sarkozy has been beaten. This is an inspiring result and we rejoice. We should analyse the relationship of forces that it reflects and the situation that it opens. Throughout Europe the incumbents have been beaten. The Greek, Spanish and Portuguese social democrats...
The fundamental problem facing humanity today is catastrophic climate change brought on by runaway greenhouse gas emissions. The relatively narrow band of climatic conditions within which we can function has been destabilised. As average temperatures rise extreme...
Early this year a relatively unknown 74-year old Gandhian, Kisan Baburao Hazare (also known as Anna Hazare), shot to fame for raising a campaign against corruption. For days on end, Anna Hazare haunted our television sets, and details of his campaign greeted us every...
John Maynard Keynes keeps a main influence on the current economic thinking. Even if the neo-liberal movement dominated over the last decades, the Keynesian ideas remain enduring, especially at times of recession. When the subprime mortgage crisis started, it was...
John Maynard Keynes keeps a main influence on the current economic thinking. Even if the neo-liberal movement dominated over the last decades, the Keynesian ideas remain enduring, especially at times of recession. When the subprime mortgage crisis started, it was...
IT is obviously silly to push for austerity in the midst of a recession, not just silly but cruel, since it prolongs the pain of unemployment. The recession is caused by a deficiency of aggregate demand. To overcome it what is necessary is an increase in demand which...