The assumption that we can continue with the current institutions of the world economy – leaving all the most important global problems and contradictions unresolved – seems hopelessly utopian. [This is the sixth in the series of Social Europe on the Crisis of Globalisation, following the contributions of Dani Rodrik, James K.Galbraith, Robert Kuttner and others. It was originally published on 6 June 2018 here and other contributions can be found here and here.]
The Finnish University Strike 2018: A New Moment in the Process of Turning Universities into Business Corporations
A strike would have been unthinkable in 1995, 2005 or 2015, but in 2018 also the usually conservative Union of University Professors was ready to pursue industrial action. [This article was originally published by Brave New Europe on 17 March 2018 and is available also at our “turn in university politics” site.]
A New Approach to EU Convergence
The convergence trend of the early euro years turned out short lived. The absence of euro area growth in 2010-17 resulted in greater rather than smaller divergences in economic and social outcomes. The euro crisis followed by Brexit have shattered the EU to the core. [This short article was originally published in The Progressive Post #7, Winter 2018, pp.70-71; available also here.]
Are We Heading for Another Economic Crash?
Interest rates are close to zero. It is excessively easy to get credit for consumption or speculation. Corporations are using their profits to buy their own shares rather than to invest. Stock markets are soaring and asset prices are at an all-time high. [This blog was originally published as part of State of Nature “One Question: Economic Crash” forum on 15 January 2018].
