What's wrong with post-Keynesian accounts of the Eurozone crisis?

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There is general agreement that the Eurozone crisis has had a devastating impact on countries in Europe’s periphery, especially in the south. This is expressed in record levels of unemployment, social inequality and widespread social deprivation. However, there is little agreement amongst academic accounts on the causes of the crisis, nor on how this can be resolved. In this guest post, Jamie Jordan reports on the recently published article in the Journal of Common Market Studies, co-authored by him, Andreas Bieler and Adam David Morton. The article ‘EU aggregate demand as a way out of crisis?’ critically engages post-Keynesian accounts on both the economic causes of the crisis and the political possibilities for realising a European-wide recovery.

Witch-Hunt and the Birth of Capitalism: reflections on Federici’s re-interpretation of primitive accumulation.

In her powerful book Caliban and the Witch (Autonomedia 1998/2014), Silvia Federici makes the important claim that the medieval witch-hunt across Europe constituted part of the processes of primitive accumulation, preparing the ground for the emergence of capitalism. While the enclosures put an end to people’s access to the commons, the witch-hunt resulted in the loss of women’s control over their bodies. In this blog post, I will reflect critically on Federici’s assessment of the role of the witch-hunt in the emergence of capitalism.  

European integration and the Global Crisis: What prospects for a social Europe?

How does the project of European integration relate to globalization? Is a revival of the project of social Europe still possible and what role can social movements and class based movements play in these struggles? I met Cat Moir (CM) from the University of Sydney on the fringe of this year’s Historical Materialism Sydney conference in December 2018. In this post, I re-publish the interview she conducted with me during that meeting. It was originally published on the Progress in Political Economy blog on 10 January 2019. We talked about class, social reproduction, and the crisis in the European project, thereby also drawing on my recently published, co-authored book with Adam D. Morton Global Capitalism, Global War, Global Crisis (CUP, 2018).

A social dimension to ‘free trade’? TUC Strategies and the GATT Social Clause, 1973–1994.

The rise of ‘new generation’ trade agreements such as TTIP and CETA, the ongoing debates surrounding Brexit, and the Trump administration’s aggressive protectionism have seen the issue of trade move away from being merely the preserve of pro-liberalisation lawyers and economists towards a much more public debate on the social costs of free trade policies. Alongside this debate, trade unions and civil society organisations have taken to the streets to oppose free trade agreements in record numbers. Trade is most certainly now a mainstream issue. Nonetheless, such opposition has still failed to curb the overwhelmingly neoliberal tendencies of world trade in general. In this guest post, Andrew Waterman discusses efforts to include a social dimension in trade agreements.

100 years on – Rosa Luxemburg’s legacy continues!

Memorial to Rosa Luxemburg and Karl Liebknecht

100 years ago, Rosa Luxemburg and Karl Liebknecht were murdered in Berlin by right-wing Freikorps troops. When I participated on Sunday, 13 January in a march in memory of both revolutionaries in Berlin, it was clear that their legacy lives on. Thousands of people walked to the Memorial of the Socialists (Gedenkstätte der Sozialisten) to show their respect as well as their commitment to carry on the struggle against capitalist exploitation and for social justice. In this blog post, I will reflect on Luxemburg's key intervention about 'socialist democracy' in the organisation of revolutionary struggle.

'We are ready to defend ourselves!' Letter by indigenous nations to the new President of Brazil.

The election of Jair Bolsonaro as new President of Brazil has put indigenous people under renewed pressure. Only recently, loggers invaded indigenous territory and attacked indigenous people in the Xingu region in Para. This blog post reprints the letter of three indigenous nations from Brazil to President Bolsonaro, asserting their rights.

How Labour Built Neoliberalism: assessing the role of trade unions in restructuring.

In her recent book How Labour Built Neoliberalism: Australia’s Accord, the Labour Movement and the Neoliberal Project (Brill, 2018), Elizabeth Humphrys challenges the narrative that neo-liberalism was generally imposed onto labour by right-wing governments such as the Thatcher government in the UK and the Reagan government in the US during the 1980s. Through a detailed analysis of the Australian political economy between 1983 and 1996, she demonstrates how restructuring was also carried out by a Labour Party in close co-operation with trade unions. In this blog post, I will provide a critical engagement with this important book.