Over a period of eight years and three programmes of financial assistance Greece has never been far from the news. Recent reporting has become more positive in outlook, dominated by discussion about whether the Syriza-led coalition government will be able to make a clean exit from its third ‘Economic Adjustment Programme’. A clean exit would mean the Greek government being able to finance spending commitments and its enormous public debt through bond markets, without any further loans from European partners or even a pre-cautionary line of credit from the IMF. Greece’s ability to go it alone after 20th August (although with regular ‘post-programme surveillance’ as the likes of Ireland and Portugal have experienced) relies on perceptions from its creditors and financial markets about the government’s ongoing commitment to the types of austerity and so-called ‘structural reforms’ that have dominated all three programmes. In this guest post, Jamie Jordan assesses the implications of Greece going it alone with a particular focus on the future of the Metropolitan Community Clinic at Helliniko
Wednesday, 13 June 2018
Thursday, 7 June 2018
Drawing on his article 'The Labour governments 1974–1979: social democracy abandoned?’, recently published in the academic journal British Politics, in this guest post Max Crook questions the view that the Labour government in office from 1974 to 1979 started the transition to neo-liberalism in the UK. He, thus, challenges structural approaches to social democratic decline. In his focus on electoral politics, he makes two key claims: Firstly, Labour did not abandon the social democratic postwar consensus. Any fundamental challenge to it remained politically unthinkable. Secondly, the eventual collapse of the consensus was not the product of structural changes in the global economy, but was the highly contingent outcome of an electorally motivated gamble.
Tuesday, 15 May 2018
Global Capitalism. Global War. Global Crisis. How can these conditions be understood in terms of their internal relationship so as to capture capital’s connection to the states-system of uneven and combined development, social reproduction, and the contradictions facing humanity within world-ecology? These are the puzzles Adam David Morton and I are investigating in our recently published book with Cambridge University Press.
Tuesday, 8 May 2018
Greece under the Troika: colonialism and resistance in the 21st century - the struggle for public water.
When in May 2014 98 per cent of Thessaloniki’s citizens voted against the privatisation of their municipal water company EYATH and the Greek constitutional court, the Council of State, ruled out the privatisation of Athens’ water company EYDAP as unconstitutional shortly afterwards, the public ownership of these two companies seemed to have been secured (see Resisting water privatisation in Greece and Portugal). And yet, when the Syriza government signed the third bailout agreement of Greece in July 2015, the privatisation of water was back on the agenda. In this blog post, I will report on the struggle over public water since July 2015, based on a set of semi-structured interviews with water activists in Thessaloniki and Athens in April 2018.
Sunday, 29 April 2018
|Photo by 401 (K) 2012|
Sunday, 15 April 2018
In this guest post, Oliver Dodd analyses changes to Colombia’s political economy in the period preceding the Revolutionary Armed Forces of Colombia’s (FARC) founding to reveal the organisation’s historical roots. He argues that processes of political economic development in Colombia did not take place in an orderly and steady manner, but rather involved conflict and antagonism between various social-class forces engaged in a struggle for hegemony. Ultimately, Colombia’s economic development encouraged the spread of political terror, which was sponsored politically largely by Conservatives to combat the threat of a growing independent labour movement. In turn, this trajectory of violence permitted the Communist Party to establish ‘safe communities’ eventually resulting in FARC’s founding.
Tuesday, 20 March 2018
When the Irish government decided in 2013 first to establish the company Irish Water and then introduce water charges for users in order to comply with obligations of the Memorandum of Understanding with the EU over its bailout agreement, resistance erupted across the Republic. While resistance against austerity had been isolated and sporadic in Ireland until then, a large, national level movement emerged in 2014. Water had been the straw, which broke the camel’s neck. In this blog post, based on interviews conducted during field research in Ireland between 25 February and 2 March 2018, I will analyse the broad alliance underpinning this movement as well as the specific strategies employed.
Friday, 16 March 2018
Despite strong support from the Greek people, in July 2015 the Greek government by Alexis Tsipras gave in and accepted major further austerity measures in exchange for a third bailout agreement with the Troika, consisting of the European Commission, the European Central Bank and the IMF (The Guardian, 13 July 2015). Against the background of a bitter dispute over cuts employers in British Higher Education (HE) want to impose on the USS pension scheme in pre-1992 universities (see Britain: Universities on Strike), here too, UCU negotiators felt they had no other option but to accept an agreement, which involved major cuts (see UCU ‘agreement’, 12 March 2018). Nevertheless, pushed by its members, UCU ultimately did not buckle and rejected the ‘agreement’. In this blog post, I will analyse the underlying reasons for this different outcome.
Sunday, 11 March 2018
The University and College Union (UCU) and the employers’ organisation of pre-1992 Higher Education institutions UUK are currently involved in an industrial conflict over plans by the employers to impose draconian cuts to the USS pension scheme. At the heart of the conflict is the valuation of the fund in 2017 by USS, apparently revealing a large deficit of about £6 billion, which needs to be addressed. In this post, I do not want to engage in economics arguments over how big the deficit actually is. Rather, I will focus on a political economy analysis of the actual struggle over who is in charge determining the criteria for the valuation in the first place. The valuation of the health of the fund is not an objective, economic task. It is ultimately a political decision on how to estimate the risk and especially on how to spread the risk across staff and employers
Thursday, 8 March 2018
The University and College Union (UCU) and the employers’ association for pre-1992 institutions UUK are currently locked into a bitter battle over pensions in the UK Higher Education sector. Overall 14 days of strike action have been scheduled for February and March (see Lecturers on strike). To the surprise of the employers, support for lecturers on strike has been strong resulting in a fragmentation of UUK. The University of Oxford is only the latest in a line of universities changing their position (The Guardian, 7 March 2018). In this blog post, I will identify four ways in which the employers have seriously misjudged the situation.
Monday, 26 February 2018
On Thursday 22 February, lecturers at most universities in the UK went on strike. They also stayed on strike on Friday 23 February. They will continue to do so for three days this week, four days the week afterwards, and five days the week after that. In total, unless the dispute is settled in the meantime, 14 working days will be lost to industrial action in an industry that seldom sees action of any kind. In this guest post, Steven Parfitt reflects on the underlying reasons and wider implications for Higher Education in the UK.
Thursday, 8 February 2018
The European Commission published its proposals for a Recast of the Drinking Water Directive, 1 February 2018. They include amendments to guarantee vulnerable groups access to safe and affordable water. The European Federation of Public Service Unions (EPSU) has welcomed these suggestions as a step towards realizing the Human Right to Water in the EU regretting that the Commission stopped short of recognizing the UN right in EU legislation. This guest post summarises the findings of a new study commissioned by EPSU, which goes into more detail on what the European Commission can do to build the frame in which the Human Right2Water can be realized (see PSIRU 2018). The main recommendation is that the Commission should cease all actions that endanger this right.
Monday, 29 January 2018
Tuesday, 23 January 2018
What are the implications of the Trump administration’s decision to withdraw from the Trans-Pacific Partnership and to re-negotiate the North American Free Trade Agreement (NAFTA)? How does the rise of China affect global free trade? And perhaps even more importantly, what should labour’s position on free trade look like? In this blog post, I publish the interview, which I gave to Bruno Dobrusin from the Argentine Workers' Central Union (Central de Trabajadores de la Argentina, CTA) addressing these and related questions about the future of ‘free’ trade agreements.
Thursday, 11 January 2018
The Food and Agriculture Organization (2003: 29), states that ‘food security exists when all people, at all times, have physical, social and economic access to sufficient, safe and nutritious food to meet their dietary needs’. The British government currently utilises food security in departmental policy papers, emphasising the aim of improving trade relationships, in which food is considered a market good as part of neo-liberal frameworks such as the World Trade Organisation (McMichael 2003: 171-2). While popular assumptions relate lack of access to food to developing countries, food poverty is becoming more well-known in the UK due to the growth of food banks. Recent estimates state that 8.4 million of the UK population are undernourished (Taylor and Loopstra 2016: 1), forming the basis for many of the arguments concerning the necessity of change in UK policy (Taylor and Loopstra 2016: 1). In this guest post, Yasemin Craggs Mersinoglu assesses the UK’s food system by looking at the central concepts of food security versus food sovereignty.