The Bail Out Business is the most comprehensive and thorough analysis of the response to the 2008 financial crisis to understand who benefits from rescue packages in the EU. How effective were the bail out measures? What were the hidden costs to the taxpayer? and what was the role of the Big Four (audit firms) and financial consultancy firms in the business of designing and implementing bail out programs in EU Member States?
This working paper and infographic provide an overview of a great ‘fire sale’ of public services and national assets across Europe that is providing profits for a few transnational companies but is often fiercely opposed by its citizens.
The Transnational Institute (TNI) in the Netherlands is issuing an open call for essays/short papers for its forthcoming State of Power report launched in late January 2016 to coincide with the World Economic Forum in Davos. In 2016, we are particularly looking for accessible, engaging essays that interrogate how power relates to democracy.
One of the world's leading political thinkers and human rights activists, Susan George, will speak out against the growing influence of "illegitimate corporate power" in a keynote address at the University of Sydney this Thursday 29 August.
In 2015, Greek citizens did a spectacular attempt to determine their own future but were despicably stopped by the unelected and democratically non-legitimized Eurogroup headed by the Dutch Minister of Finance, Jeroen Dijsselbloem. Critics like former Greek Minister of Finance Yanis Varoufakis called this 'a coup'. As a counteroffensive, Varoufakis - together with other European left-wing politicians - will launch a 'Plan B' on in 9 February in Berlin, seeking an alternative and more democratic future for European integration.
Former Greek Finance Minister Yanis Varoufakis argues that the nation-state is dead and democracy in the EU has been replaced by a toxic algorithmic depoliticisation that, if it is not confronted, will lead to depression, disintegration and possibly war. He calls for a launch of a pan-European movement to democratise Europe, to save it before it is too late.
Europe’s aggressive external market
access agenda, combined with its push internally for market reforms in the
interest of competitiveness, poses new threats to workers in the North and South and will need a transnational trade union response.