Dexia and bailing out the banks | by Michael Roberts

Dexia and bailing out the banks | by Michael Roberts

The large Belgian Bank, Dexia, went bust over last weekend.  It provides a lot of pointers about the role of banking and how it fits into this crisis.  Dexia was bailed out before at the height of the financial crisis in 2008.  Then the Belgian and French governments...

Egypt’s sectarian playing field | by Asef Bayat

Many no doubt wondered what had happened to the celebrated revolution of civility, to the Tahrir of sacrifice and solidarity, as they watched the violent collisions between Christians and Muslims in Egypt over the past few weeks. Disturbing certainly, but they were...