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Governments have fuelled a new toxic deb...

Governments have fuelled a new toxic debt crisis

Experts are busy assessing the signs of an oncoming global recession and a new financial crash, poring over charts, columns of figures and graphs, reading about warnings from the International Monetary Fund among others. Why are they so deeply alarmed? Globally, manufacturing is in a recession. US production is contracting and jobs are disappearing as […]

A decade after the crash, a fairer, kind...

A decade after the crash, a fairer, kinder capitalism is simply delusional

Ten years ago, the world economy ground to a halt in the wake of the biggest financial crash in the history of capitalism. The vastly overinflated atmospheric layer of global credit had burst. The banks and the entire financial system were in trouble, big trouble. Bear Stearns and Northern Rock led the collapse. Then on […]

Review: How Varoufakis’ dream turned int

Review: How Varoufakis’ dream turned into a nightmare

Yanis Varoufakis lost his 2015 battle with what he calls “Europe’s deep establishment”. Now he’s working to build DiEM 25, a pan-European, cross-border movement of democrats. Their aim is to repair the European Union. In January, 2015 he was elected, with 140,000 votes, as finance minister in the Syriza-dominated government. His mission – to overturn […]