Sunday 25th August 2019
x-pressed | an open journal

Great Depression

Interview with Eric Hobsbawm

elesuk
Interview with Eric Hobsbawm

Internationalism, which is the alternative to nationalism, is a tricky business. It’s either a politically empty slogan, as it was, for practical purposes, in the international labour movement—it didn’t mean anything specific—or it’s a way of ensuring uniformity for powerful, centralized organizations like the Roman Catholic Church, or the Comintern. [...]

March 28, 2013

Europe’s Austerity Madness

esel
Europe’s Austerity Madness

So much for complacency. Just a few days ago, the conventional wisdom was that Europe finally had things under control. The European Central Bank, by promising to buy the bonds of troubled governments if necessary, had soothed markets. All that debtor nations had to do, the story went, was agree to more and deeper austerity [...]

September 29, 2012 Author: Paul Krugman