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[...] the ontology of the European state apparatus under construction leaves no doubt. Such a different Europe will require vastly different institutions. The current European treaties and institutions are designed not just to guarantee corporate oversight over decision-making at every level or cre…

[...] the ontology of the European state apparatus under construction leaves no doubt. Such a different Europe will require vastly different institutions. The current European treaties and institutions are designed not just to guarantee corporate oversight over decision-making at every level or cre…

Six considerations seem to play a central role in the seductive force of a left-exit. (1) Left-wing policies are incompatible with the European treaties. (2) National states, preferably guided by left governments, can be allies or offer a bulwark against neoliberalism. (3) A demos exists only at th…

[...] In the absence of currency devaluation or exchangerate variations, wage compression for internal devaluation was meant to increase competitiveness. [...] Brussels, capital of the EU , is somewhat of a symbol. One in three city inhabitants is at risk of poverty. One child in four grows up in a…

The theory of a common market with a common currency miraculously
creating convergence lies in tatters. On the contrary, bringing very different
economies and countries together in one currency zone took important
policy instruments away from weaker peripheral economies. Currency
devaluation an…