Giorgio Bertini
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Category Archives: Crisis
Inequality and Post-neoliberal Globalisation
Having people believe that massive inequality is the fair outcome of a competitive process that is ultimately good for all is the ideological foundation of the current regime. The crisis has put an end to this fairy tale as free … Continue reading
Posted in Crisis, Inequality, Neoliberalism
Tagged crisis, inequality, neoliberalism
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The Right Way to Control the Banks
The answer, now widely accepted but clearly not appreciated sufficiently at the time, is that the 2008 crisis was made possible by an extremely fragile financial system in which banks and many other businesses indulged in excessive leverage—too much borrowing—as … Continue reading
Por trás da crise “financeira”, a velha luta de classes
Marx estava certo, por mais que economistas superficiais tentem negá-lo: causa das turbulências econômicas é enriquecimento sem-fim da burguesia. É surpreendente verificar que a extensíssima literatura produzida sobre as causas das crises atuais se tenha centrado tão pouco no conflito … Continue reading
Posted in Capital, Capitalism, Crisis, Marx
Tagged capital, capitalism, crisis, Marx
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Humanitarian impacts of the economic crisis in Europe – Red Cross
Creating a sense of predictability and security has traditionally been attributed to what a society offers to its citizens. Today, as the economic crisis has planted its roots, millions of Europeans live with insecurity, uncertain about what the future holds. … Continue reading
Great Transformations: Economic Ideas and Institutional Change in the 20th Century
Mark Blyth argues that economic ideas are powerful political tools as used by domestic groups in order to effect change since whoever defines what the economy is, what is wrong with it, and what would improve it, has a profound … Continue reading
Posted in Capitalism, Crisis, Neoliberalism
Tagged capitalism, crisis, neoliberalism
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Climate and Poverty: The Post-Crisis Crises
The market will not, on its own, solve any of these problems. Global warming is a quintessential “public goods” problem. To make the structural transitions that the world needs, we need governments to take a more active role – at … Continue reading
Posted in Climate change, Crisis, Inequality, Poverty
Tagged climate change, inequality, poverty
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Capitalism based on borrowed money
Be it the United States or the European Union, most Western countries are so highly indebted today that the markets have a greater say in their policies than the people. Why are democratic countries so pathetic when it comes to … Continue reading
Why the Euro Crisis Is Also a Generational Conflict
People vs. banks, north vs. south, and rich vs. poor? While all of these conflicts may be real, one of the biggest issues of the euro crisis is rarely discussed: Older people are living at the expense of the young, … Continue reading
Ajustes de esquerda e de direita na Europa
França e Espanha escolheram estratégias diferentes para enfrentar a crise. Pela esquerda, François Hollande tentou proteger o gasto público e colocar o acento em uma maior arrecadação mediante aumento de impostos para os setores mais ricos da sociedade. Na Espanha, … Continue reading
O capitalismo neoliberal está morto: que venha o capitalismo regulado
O coração do sistema, os bancos, já não funciona. E não há como fazê-lo voltar segundo a fórmula tradicional, antes da liberação financeira, de captação de recursos no mercado a curto prazo e financiamento do sistema produtivo a longo prazo. … Continue reading
Posted in Banks, Crisis, Financial crisis, Financial system
Tagged banks, crisis, debt, financial crisis, financial system
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