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Not TINA (There Is No Alternative) but TAPAS: THERE ARE PLENTY OF ALTERNATIVES
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Greens pledge to 'end austerity'

Greens pledge to 'end austerity' | real utopias | Scoop.it
Green Party leader Natalie Bennett has called for a "peaceful political revolution" at May's election to end the "failed experiment of austerity".
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Joseph Stiglitz: Europe and austerity failed Greece

Joseph Stiglitz: Europe and austerity failed Greece | real utopias | Scoop.it
The famed economist on the Greek elections and why the world desperately needs a new debt-restructuring strategy
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Big Fish, Little Fish | Michael Hudson

Big Fish, Little Fish | Michael Hudson | real utopias | Scoop.it
It seems part of a long-term strategy to cut back pensions, privatize them into individual accounts managed by Wall Street investment banks and insurance companies, and then to privatize Social Security.

This is part of the strategy to use the demand for budgetary balance to privatize the nations’ infrastructure too as it falls apart – on the ground that the government is broke, and cannot raise taxes on the rich or simply print the money itself to fuel economic growth.

It looks like Greece may be the test case for where the American economy is heading.
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Greece’s radical left could kill off austerity in the EU

Greece’s radical left could kill off austerity in the EU | real utopias | Scoop.it
Owen Jones: If Syriza wins a possible snap poll in the new year, positive repercussions could be felt across Europe
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Global Power Project: Bilderberg Group and the Cult of Austerity

Global Power Project: Bilderberg Group and the Cult of Austerity | real utopias | Scoop.it
If you’ve been to Bilderberg, chances are you’re a fan of austerity: promoting it, demanding it, implementing it and profiting from it.
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The Political Economy of Austerity Now - Monthly Review

The Political Economy of Austerity Now - Monthly Review | real utopias | Scoop.it
Chronicling the Crisis of the Working Class
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Why Austerity? It Clearly Doesn’t Work » CounterPunch: Tells the Facts, Names the Names

Why Austerity? It Clearly Doesn’t Work » CounterPunch: Tells the Facts, Names the Names | real utopias | Scoop.it

All the advanced economies (AEs)—USA, Europe, Japan—have implemented some form of ‘austerity policy’ in the wake of the 2008-09 global financial crash and deep recession that followed.  Five years later, austerity continues as a centerpiece of their policy mix even as their economies continue to struggle with recurrent double and triple dip recessions (Eurozone, Japan) and, in the case of the USA, periodic relapses into single quarter negative GDP and ‘stop-go’ recovery. Real investment continues to gradually slow everywhere in the AEs, with insufficient wage growth, stagnating household consumption, and a slow but steady drift toward deflation everywhere.

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Protesters occupy Westminster against cuts to disability care funding - The Guardian

Protesters occupy Westminster against cuts to disability care funding - The Guardian | real utopias | Scoop.it

Demonstrators have set up a camp in the grounds of Westminster Abbey to protest against cuts to financial support for disabled people. Members of disabled people against the cuts (Dpac) pitched tents and said they intended to occupy the green outside the doors of one of Westminster's most recognisable landmarks until 22 July. The protest is reminiscent of the occupation that sprang up at St Paul's Cathedral in 2011.

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Thomas Fazi: It’s Time To Stand Up To Troika Austerity (Part I)

Thomas Fazi: It’s Time To Stand Up To Troika Austerity (Part I) | real utopias | Scoop.it
Thomas Fazi examines the mounting evidence against the Troika austerity policies by organisations as varied as Caritas and the IMF.
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Austerity/Immiseration Capitalism: What Can We Learn From Venezuelan ... - Venezuelanalysis.com

Austerity/Immiseration Capitalism: What Can We Learn From Venezuelan ... - Venezuelanalysis.com | real utopias | Scoop.it

Under austerity/immiseration capitalism, Europe is witnessing its deepest economic and social crisis since the Second World War. In 2012, more people lost their jobs than in any other year in the last two decades. The situation is particularly severe in southern and eastern European countries. For example, in Greece and Spain, one person in four is officially unemployed, with over half of young people without work (Schwarz, 2013). As Peter Schwarz (2013) puts it:

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From Resistance to Hegemony: - Socialist Project

From Resistance to Hegemony: - Socialist Project | real utopias | Scoop.it

Austerity has been the main battle cry on the part of the forces of capital. New cuts in public spending, new cuts in pensions, new cuts in social expenditure, mass lay-offs of public sector workers, all in the name of dealing with increased budget deficits and increased debt-burden. This was intensified after the eruption of the global capitalist crisis in 2007-08. All over the world, political and economic elites along with media pundits have been singling out public spending as the main obstacle to economic recovery. Deficit reductions have become the point of condensation of political conflicts and party rivalries. The call for budget cuts and deficit reductions has been accompanied by new calls for abolishing whatever has been left of labour rights. In all advanced capitalist societies, we can hear the same battle cry against the supposed ‘rigidities’ of the labour market and the ‘privileges’ enjoyed by public sector employees and certain segments of the workforce. Liberalizing markets and removing obstacles to entrepreneurial activity have been at the centre of political debates and policy discussions. The attempt to save the banking system has led to massive transfusion of public funding from socially useful directions toward banks, leading in a massive redistribution of income toward capital.[1]

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Has the Working Class Really Accepted Austerity? - CounterPunch

Has the Working Class Really Accepted Austerity? - CounterPunch | real utopias | Scoop.it


She went onto analyze the importation of “pre-capitalist” love (from the Global South) into post-modern caring situations in the United States.

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How the right sold austerity as the only economic solution - The Guardian

How the right sold austerity as the only economic solution - The Guardian | real utopias | Scoop.it
More than 30 years of neoliberalism and six years of austerity have floored us, yet the left is incapable of mounting a serious challenge to this economic orthodoxy. Why?
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Robert Reich: 'Austerity is a terrible mistake'

Robert Reich: 'Austerity is a terrible mistake' | real utopias | Scoop.it
Mary O'Hara: The US economist is angry at how the post-crash policy is crushing people and recovery
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Curated by jean lievens
Economist, specialized in political economy and peer-to-peer dynamics; core member of the P2P Foundation