We live in a time of finance capitalism, when trading money, risk and associated products is more profitable and outpaces trading goods and services for capital accumulation. That is in short what people often refer to as “financialisation” of the economy. This has huge implications for where capital is invested and the everyday exposure of people to capital markets, as more and more aspects of... Read more

There is widespread agreement on left and right that the EU has failed in its response to the Euro-crisis, that is now taking a heavy toll on the economy, democracy and society of Greece, Ireland and Portugal. However the failure of the European Union to respond either effectively or justly to the Euro crisis is not a recent phenomenon. It reflects their failure to learn the lessons of the... Read more