The following is a preview article from the forthcoming first issue of the Chuang journal. Denim and its Discontents The story is now familiar: One morning in the spring of 2011, a migrant street vendor is harassed and beaten by […]
No Way Forward, No Way Back: China in the Era of Riots
Abstract: This article utilises the new reading of Marx found in the work of Michael Heinrich to analyse the creative industries. It considers the role played in the production of value by the labour that takes place in the sphere
Creative Industries, Value Theory and Michael Heinrich’s New Reading of Marx
A brief history of SYRIZA SYRIZA (Coalition of the Radical Left) was formed in 2004 as a Coalition of the left party “Synaspismos” (SYN) and political groups of the so-called “renewing Left” and “revolutionary extra-parliamentary Left” All political groups co-existed
SYRIZA as a Symptom of the Euro-Crisis. De te fabula narratur
1. Facets of Euro-Crisis, Austerity Policies and Global Imbalances After the outbreak of the 2008 global economic crisis, the European project has entered its second, less optimistic phase. Cross-country differentials in growth and inflation, persistent current account (or financial account)
Crisis and austerity. Is there a chance for the welfare state? (1)
Several leading mainstream economic institutions are warning of the risk of the coming global economic crisis. On 8 September, the Citi Group published a research report, “Is China Leading the World into Recession?”, written by Willem Buiter, Citi’s chief economist. The report
Financialization: Market Discipline or Capital Discipline ? John Milios, National Technical University of Athens, john.milios@gmail.com Dimitris P. Sotiropoulos, University of Aegean, d.p.sotiropoulos@gmail.com “In conclusion, and in contrast to what the Keynesians assume, neoliberalism is an exceptionally effective strategy
Financialization: Market Discipline or Capital Discipline?
John Milios and Dimitris P. Sotiropoulos MARXIST APPROACHES TO ECONOMIC CRISES ABSTRACT: In the work of Marx, a general theory of economic crises cannot be found, at leastin a developed form. This fact contributed to the formulation of
MARXIST APPROACHES TO ECONOMIC CRISiS
Der Krisendiskurs der Neoliberalismus ist verzweigt. Heute ist der schnell wachsende Einfluss des finanziellen Kapitals – seiner Strategien und Institutionen, seiner Marktmechanismen und Machttechnologien – auf die staatliche Souveränität und ihre diversen Regierungsformen kaum noch zu übersehen. Gerade in der
Is Austerity Winning the Argument on Euro-Zone Recovery?
Dringender denn je gilt es zu verstehen, dass der Euro kein irrationales Konstrukt, sondern eine durchaus rationale Konstruktion ist, um in Europa die Beziehungen der kapitalistischer Ökonomien untereinander zu regulieren. Milios widerspricht damit einer gängigen linken Position, die mit einem
Eurozone: Die Krise als Chance für die kapitalistische Offensive
1. The Nexus of Economic Crisis and Austerity 1.1 Austerity as a cost saving capitalist strategy After the outbreak of the 2008 global economic crisis, extreme austerity policies prevailed in many parts of the developed capitalist world, especially in the