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Radically transforming the EU economy – and how to finance it

By Ann Pettifor / 4 September, 2020

The Covid-19 pandemic has revealed a simple truth: today’s model of globalised, financialised capitalism, teetering on a shaky foundation of vast debts and costly credit, cannot deliver human well-being. In order to reverse the course, a safe ecological load has to be fixed – a ‘Plimsoll line’, like the white...

The time for a U-turn towards social and environmental justice is now

By Fabrizio Barca / 4 September, 2020

The time for adjustments and tinkering is over. Well before the ongoing Covid-19 crisis, inequalities and social injustice had mounted in most Western countries to a point where they produced widespread resentment and triggered an ‘authoritarian dynamic’: a rejection of diversity, a call for sanctioning outlying behaviour and for building...

Edificio abandonado

The revenge of the ‘places that don’t matter’

By Andrés Rodríguez Pose / 4 September, 2020

Populism is on the rise all over the developed world. In many parts of Europe, populist parties have seen their share of votes multiply in recent years. The analysis of these movements often concentrates on the motivations of individual voters. But one crucial factor has largely remained under the radar:...

What digital future for what Social Democracy?

By Evgeny Morozov / 4 September, 2020

Nothing reveals the existential crisis of the Social Democratic model quite like its inability to get a grip on today’s digital society. To reinvigorate itself and society, Social Democracy must embrace a new ambitious project that would not only reveal the true costs and vulnerabilities of neoliberal empowerment (where global...

Rethinking economic reconstruction in Europe

By Lukas Hochscheidt / 23 June, 2020

Only a true paradigm shift can make Europe’s economies crisis-proof and address increasing wealth gaps. The European Union needs to turn away from restrictive fiscal rules, and expand its own resources as well as public investment. The famous board game Monopoly teaches children from the earliest age the driving principles...

A new generation pact for a sustainable and resilient European economy

By Nuno Almeida Eça / 29 May, 2020

The corona pandemic had demonstrated some of the fragilities of our current economic system. Like CO2-emissions, the virus does not care about borders. It affects a country independently of its economic situation and it puts at risk the health of all citizens. However, the poorest and the most vulnerable are...

We can’t return to normal because the past normal was precisely the problem

By Nancy Yuk / 29 May, 2020

As the commission has laid out its proposal for an ambitious COVID-19 recovery plan of 750 billion Euro – which rightly prioritises solidarity and action – more than a common debt will be needed to tackle the climate issue. The EU should not, and cannot, afford to forget what Ursula...

Can the EU’s recovery plan also succeed in advancing green goals?

By Iain Begg / 29 May, 2020

Two themes will dominate EU policymaking over the next few years: the medium and longer term ‘green deal’ and the much more immediate imperative of an effective response to the Covid-19 economic crisis. Can they be reconciled or does the one risk crowding out the other at a time of...

Does Europe care about care?

By Barbara Helfferich / 8 May, 2020

The EU’s new gender strategy finally puts care work more solidly at the centre of our economic activity. ‘At a snail’s pace.’ That was the conclusion of the latest Gender Equality Index, which measures and compares the progress on gender equality in the European Union. The pay gap still stands at...

Debt monetisation for the emergency, EU bonds for the recovery

By Alberto Botta / 27 April, 2020

The three authors unveil a strategy to fight the COVID-19 emergency and to relaunch the European economy The global spread of the Covid-19 crisis is now in the headlines worldwide, and it is at the centre of discussions among politicians, policymakers, scientists and common people alike. The spread of the...

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