The European debt crisis has little to do with poor budgeting and everything to do with crony capitalism.
Turning the European Debt Myth Upside-Down
read more
Syriza
Updating German Thrift for the Age of Austerity
Thriftiness has served Germany well in the past, but the German culture of austerity suffers from selective memory.
Europe Gets up off the Mat to Battle Austerity
Left organizations from all over Europe met in Barcelona to draw up a plan to battle the forces of austerity.
The Greek Earthquake
Syriza will not easily sweep the policies of austerity aside, but there is a palpable feeling on the continent that a tide is turning.
Why 2014 Wasn’t So Terrible
Three reasons to be (a little) cheerful about the state of the world last year.
Europe: The Sky’s Not Falling
Yes, the far right performed well in Europe’s elections. But wherever voters had a clear choice between economic democracy and right-wing xenophobia, they went left.
Letter From Sofia: Old Tanks and Modern Mayhem
The military museum in Bulgaria's sprawling capital city consists of a tiny building and a huge outdoor display of weapons that look as if they had been wheeled in fresh from the battlefields and parked, higgledy piggledy: mountain howitzers that shelled Turks in 1912...
Italy’s Election: Lighting the Lamp
On the eve of the World War I the British diplomat Sir Edward Gray is purported to have said, “The lamps are going out all over Europe.” In the wake of the recent Italian election one might reverse that phrase: after years of brutal austerity, collapsing economies, widespread unemployment, and shredding of the social safety net, Italians said “basta!” Enough! And lamps are going on all over Europe.