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Scoop.it!
"What is urgently needed are initiatives to expose the capture of states by the financial sector, but also—much more difficult—analysis of how societies in crisis allow stereotypes of the ‘other’ to be popularised, opening the way to violence and ultimately, war." 
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Scoop.it!
"Instead of offering an alternative model of regional integration to the unregulated system of the global economy and its discredited ideology of market fundamentalism, Europe remained exposed to and entrapped by financial market players and neo-liberal economic policies. As a result, it de facto turned against its own aspiration to implement the European Social Model and equal up regional disparities. The East-West divide as well as the North-South divide is stronger or at least more obvious today than before 2004/2005. The new phase of peripheralisation conducted by German-led ordoliberalism ↑ has provoked national resistance and led to a further and sharp decline of public trust in both national and European institutions."
Interesting article in OpenDemocracy about the deeper reasons behind Europe's crisis. Excellent on analysis of what has gone wrong but less convincing on remedies.
Scoop.it!
Greenhouse gas emissions would be cut from 2020 if China decides to follow EU roadmap...
The talking travelling circus of climate artists will probably decide to keep travelling and talking. Makes no difference whatsoever to the climate crisis. How much this resembles what is happening in Brussels these days. Leaders have lost the plot and are left clueless.
Note: "Die Artisten in der Zirkuskuppel: Ratlos" is a wonderful German movie from 1968 by Alexander Kluge.
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Scoop.it!
From
blogs
After more than 18 months, a dozen and a half summits, multiple rounds of austerity, a trillion dollars of liquidity, and now elections in Greece and France that threaten to overturn the fragile policy consensus in Europe, the Euro-crisis rumbles on.
Good critical analysis of the Eurocrisis in Harvard Business Review Blog. Why Europe's elites are trying to save the Euro and will end up losing the European project and, in several countries, democracy.
Scoop.it!
Great analysis in Open Democracy about the false choice between EU federalism and intergovernmentalism and the need for genuine European politics.
"The incumbent task for citizens is thus clear: to confront the political question directly. The era of ‘output legitimacy’ is over. How boldly Europe embraces new forms of input legitimacy - in which we will have to supply the ideas and the future of Europe ourselves, democratically as citizens - will determine whether and how we overcome the current sovereign debt crisis, as well as our deeper democratic malaise."
Scoop.it!
The Guardian has this brilliant and insightful exchange of ideas between two UK top journalists (Paul Mason and Gillian Tett) on the eurocrisis. What both recognise is that this crisis is only the tip of the iceberg of a more fundamental crisis of our political institutions and leadership.
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Excellent article on how the capture of the state by the financial elites is leading to nationalist-populist policies to undermine the social welfare state and organised labour.