Out of the Wreckage – George Monbiot on a new politics in an age of crisis.

At a launch of his new book Out of the Wreckage, jointly organised by the Five Leaves Bookshop and the Centre for the Study of Social and Global Justice (CSSGJ) at Nottingham University, George Monbiot reflected on the possibilities for a new politics in an age of crisis. In this blog post, I will discuss some of the points he made during his presentation.

Democratic global Keynesianism as a way out of crisis? Critical reflections on Heikki Patomäki’s The Great Eurozone Disaster.

When the financial market crisis in 2007 and 2008 threatened the global economy, governments around the world stepped in and bailed out many financial institutions, which were on the brink of collapse. Large amounts of private debt were transformed into public debt. In the Eurozone, this resulted in the sovereign debt crisis. In his excellent book The Great Eurozone Disaster: From Crisis to Global New Deal (Zed Books, 2012), Heikki Patomäki not only provides an insightful analysis of the crisis, but he also makes clear recommendations for the best way out of crisis.