Archivo de la etiqueta: solutions

Economic governance, the Troika and the struggles against European neoliberalism

troika

Follow the meeting & conclusions through Storify blog

The meeting intends to bring activists, organizations and networks that are addressing the undemocratic neoliberal crisis strategy and governance imposed from the EU – the EU shock doctrine – and discuss together which strategies have been more successful and to identify what are the common lines from which we can draw a genuine European movement.

Austerity, privatisation and attacks on social rights are being pushed systematically from the European level. While there have been many impressive struggles at the national level in Southern Europe, European coordination and its response is still small.

First steps towards more European coordination have been around sporadic action days. They have allowed in some countries to make resistances visible but have not managed to achieve a substantial turn around. At the same time new forms of action, organisation and campaigning are emerging, but often with little coordination between the social actors – from the more radical to the more traditional – that promote them. Sigue leyendo →

The Debt Crisis: From Europe to Where?

The editors have chosen an excellent title for this book “The Debt Crisis: From Europe to Where?” which incorporates a series of analyses written mainly in 2011 – 2012. The epicentre of the crisis that began in the United States in 2007 shifted to Europe in 2010 and it is necessary to ask the questions: where is this crisis leading to? How will the rest of the world be affected?

The combined effect of a crisis of overproduction in the real estate sector in the U.S., as well as the banking and financial crisis of great magnitude produced the economic and social disaster. The banking and financial crisis was itself caused by the deregulation of the financial sector launched by the successive governments in the U.S. and Europe starting from the widespread introduction of neo-liberal policies in the 1980s. This deregulation allowed large banks and major insurance companies to develop derivatives and structured products that are powerful weapons of mass destruction. These bombs began to explode in 2007 and the explosions are not yet over. The current crisis is clearly a major crisis of the capitalist system. The current governments benefit from it, since they can apply shock therapy. The policies they are developing will prolong and aggravate the crisis. Sigue leyendo →