Social Europe

politics, economy and employment & labour

25/05/2018 08:00 AM
"The Walrus Quota, What Money Can’t Buy" by Michael Sandel
Market mechanisms may be efficient, but they may also change the meaning of the goods exchanged. Should we pay children to read, or pay countries to take our share of refugees? Does having tradable refugee quotas commodify people? Introducing cash incentives or market mechanisms can serve or harm society. Sandel’s panel of students—as well as […]

25/05/2018 07:00 AM
"Germany’s Great European Heist" by Adam Tooze and Shahin Vallée
Two mantras guide German thinking about eurozone integration: responsibilities and control must be aligned (so no mutualization of risk without shared jurisdiction); and legacy risks must be settled before any pooling of risks among euro members takes place. Since 2010, these two refrains have shaped the entire discussion of how to shore up the euro, […]

24/05/2018 08:00 AM
"A Rotten Corporate Culture" by Simon Wren-Lewis
Reports by select committees of MPs after some scandal should be treated with care. There is nothing MPs like more than to take the moral high ground and heap blame on others in front of TV cameras, whether their victims deserve it or not. But in the case of the collapse of Carillion, their condemnation of […]

24/05/2018 07:00 AM
"The Italian Election And US Underpinning Of Populism" by Harvey Feigenbaum
The election of March 4, 2018 left Italy with a fragmented parliament, where the two biggest parties, the Five Star Movement and the Lega, are populist and Eurosceptic. Five Star, the biggest party in Parliament, sees itself as an anti-corruption movement and advocates many economic reforms championed by the Left in Italy. These include a […]

23/05/2018 08:00 AM
"Fake News And The Fairness Doctrine" by George Tyler
Fake news in America’s public square is a failure of its information marketplace. Remediation should occur through enhanced marketplace competition, not government censorship. I have argued that the quality of democracy is lower in America than in much of Europe. It lacks co-determination, for instance, which is why US wages stagnate even as inflation-adjusted wages […]

23/05/2018 07:00 AM
"Crisis Of Globalization: Restoring Social Investment Is Key" by Robert Kuttner
Why is democracy under siege throughout the West? How much of the story is cultural or racial, and how much is economic? And can the slide into authoritarianism be reversed? I think it can. In the course of researching these issues, I took a deeper look at the remarkable three decades after World War II, […]

22/05/2018 08:00 AM
"Three Challenges In Contemporary Populism Research" by Yannis Stavrakakis
Today populism seems to be firmly back on the agenda. A series of recent events have shocked and scandalised our global public spheres, causing concern for the future of democracy and puzzling academics, journalists and citizens alike. The Italian and Brexit referendums and, in a more pronounced way, the victory of Donald Trump in the […]

22/05/2018 07:00 AM
"From Neoliberal Ruins To Recovery: Iceland Is Real Poster-Boy" by Jón Baldvin Hannibalsson
At a Nordic-Baltic Development Forum meeting, held in Riga some years ago, there arose a lively controversy on the relative merits of the Swedish (Nordic) model, on the one hand, and the minimal government and low-tax regimes of the Baltic countries, on the other. Göran Person, former prime minister of Sweden, reminded the audience that […]

21/05/2018 08:00 AM
"Federal Central Banks And Decadent Capitalism" by Sam Whimster
Federal Central Banks (Forum Press, 2018) is a unique study that critically examines the role and impact of central banks in federal and confederal political systems. It conducts a detailed examination of the history, design and operation of central banking in the United States and in the European Union. The historical record from the US […]

21/05/2018 07:00 AM
"Lib-Pop Politics: Why Italy’s New Government Is More Neoliberal Than Populist" by Mario Pianta
A new Italian government is in the making, with an unprecedented alliance between the Five Stars Movement (33% of votes in the March 2018 elections; 36% of seats in the House of Deputies) and the Lega (17% of votes; 20% of seats). The view that ‘populist barbarians have conquered Rome’ is a gross misunderstanding. Lega […]