Tag Archive

A blog on the macroeconomic meltdown and radical fights for redistribution

By alex.foti

THE GREAT RECESSION
(!new! check out this:
http://zoescope.wordpress.com/2008/12/22/comparing-usa-outlay)
Capitalism is in crisis. Neoliberalism is dead. Neoconservatism is deader.
We are in the Great Recession, the biggest slump since the Great Depression. And 2009 will see many more us unemployed and our wages slashed.
America, Europe, China, Russia, all the regions of the world are reeling from the consequences of the [...]

NEXT LEFT: european politics and movements in the Great Recession

By alex.foti

Do a bit of historical rewind and think you are back in 2000 again. Boy, was Europe optimistic back then. The new economy hadn’t crashed yet, and Dubya did not seem to stand a chance against Gore. Sure, noglobal protesters had emerged as spoilers of the party of monetarism and neoliberalism, and the cinders of [...]