European political leaders and the institutions of the European Union have reacted to the Euro crisis by creating conditional debt packages, in cooperation with the IMF (International Monetary Fund). Such “aid packages” typically prescribe severe austerity measures, similar to the structural adjustment programmes applied to many troubled developing countries, especially since the 1980s. The results have rarely been a success. 2
Since 2002, the number of municipalities across Europe which have taken up participatory budgeting in some form has grown from just a handful to well over 150. Yet the nature – and success – of the schemes varies widely.
Venezuela's revolution has often been tied to the slogan “Socialism in the 21st Century.” What might that might mean concretely in changes under way in the renationalised state telecommunications company, CANTV?
Debate over the 10-year-plus war in Afghanistan tends to focus on how and when it "can be won," obscuring the fundamental question of whether it was morally acceptable in the first place. Now as the US gets closer to consolidating its imperial presence in the region for decades to come, the high cost to the Afghani people continues to be ignored.