Beyond Defeat and Austerity: Disrupting Neoliberal Europe.

Despite increasing inequality and social deprivation in Europe since the onset of the global financial crisis in 2007-8, right-wing parties, such as the French Front National and the German Alternative for Deutschland, have benefited the most in recent elections. Does the electoral failure of the Left indicate that there is no progressive resistance against austerity and neo-liberal restructuring in Europe? Not so say the authors of Beyond Defeat and Austerity: Disrupting (the Critical Political Economy of) Neoliberal Europe. In this blog post Andreas Bieler and Adam David Morton provide a critical review of the book and some pointers as to wider debates that it may inform.

Modes of Production and Forms of Exploitation: Understanding Capitalism.

In his remarkable collection of essays Theory As History (Brill Academic Publishers, 2010), Jairus Banaji makes two significant claims about how to conceptualise capitalism and our historical understanding of it. First, capitalism as a mode of production cannot be reduced to the specific form of exploitation around wage labour; and second, understood more broadly, capitalism also needs to include the period of ‘commercial capitalism’, pioneered by Islam in the Mediterranean area as early as the eighth century AD. In this blogpost, I will critically engage with these claims.

Corbyn and the winds of change – politics of the new centre ground

While US President Trump has lent his ears to climate change deniers, huge storms of unknown ferocity have caused widespread havoc in the Caribbean and parts of the USA. In this guest post, Alan Simpson calls for a new economic model that reconnects people to planet and weather to climate. What is required, he argues, is a fundamental rethink of markets, ecosystems, inclusion, security, interdependency and accountability.