Walter Benjamin polemicised against the naïve idea of revolutions as the locomotives of world history. In his thesis on the concept of history1 Benjamin suggested that if this locomotive, constructed by previous society, were allowed to circulate, most likely it would be heading inexorably into the...
Basic income is not just one financial measure among many but a social, economic and civic financial amount which has a far-reaching multiplier effect in many areas of life. Basic income is a profound civilizational change on par with the introduction of universal suffrage or universal health care. Read an analysis of its key aspects.
The EU Treaty changes we need, and why we need them.– This study is an invitation to engage in dialogue for all those who are interested in an alternative development of the European Union and its integration.
Between 17-21 July the heads of EU Member States (MS) met together in Brussels and spent as much time haggling over the ‘development plan’, which is designed to stabilise economies weakened by the coronavirus, as over the next Multiannual Financial Framework (MFF). What should we make of their decisions?
Covid-19 has led to a dramatic economic crisis. The EU has modified the strict State aid rules to such a degree that States can now help their national economies virtually at their own discretion. What at first sounds sensible comes with a catch, however, since it results in the strong becoming even stronger and leaving poorer economies behind.
Decrying EU leaders’ hatchet job on the long-term budget and recovery plan, the GUE/NGL group will join the vast majority in the European Parliament in passing a resolution that strongly criticises the conclusions of last weekend’s summit.
The lack of ambition shown in the context of the biggest...
In 2015, when the Paris Agreement was still under negotiations, British journalist Paul Mason expressed his doubts whether the agreement would be signed and wrote that such climate conferences „resemble the peace treaties that paved the way to the Second World War." Although Mason was wrong about...
The Czech Republic has so far fared well in containing the pandemic. However, the economic consequences of the lockdown and the rapidly worsening situation in the world economy are yet to come. This article deals with economic measures implemented to mitigate the economic consequences of the pandemic through the eyes of political economy.
The Ruling of the Second Senate
(7 yes votes, 1 no)
The securities purchase programme of the European Central Bank to support the European Monetary System with an emphasis on the purchase of government bonds (Stand 2,1 Bio. Euro), known as the Public Sector Purchase Programme (PSPP), is...
In times of the coronavirus – just as in the 2008 financial crisis – the national state is again a central actor in Europe. Financial policy remains tied to the economic pecking order, with Germany at the very top. ‘Eurobonds’ are the key area of contention.
The conference “Economic democracy and self-governance in enterprise: history, theories, perspectives” can be considered as one of the main arrival points of the project “Democracy as self-government” in 2019, proposed to Transform!Europe by Sinistra XXI, Italian leftist think tank.
In Italy, a discussion developed, first in the media and then in the parliamentary halls, about the proposed reform of the European Stability Mechanism treaty, which should be approved by Eurozone leaders at the Euro summit on December 13th. The leader of the Northern League sovereign party, Matteo...
In memoriam of the scientific work and the political engagement of the critical economist Joerg Huffschmid the call for the award that is named after him is now announced for the 5th time, awarding outstanding works in the field of Political Economy.
On September 15th, it will be 10 years since the financial crash when US investment bank Lehman Brothers collapsed - a moment in a chain of events that threatened to destroy our economies and create social chaos. Since global leaders failed to break the status quo, we are now at risk of a more dangerous collapse. See our vision for a change!
On 13 and 14 October, transform!’s working group on New Economic Governance organized a tight workshop at the European Parliament under the title ‘Is it possible to reform the Economic Governance of the EU?’.
Ilona Švihlíková, a member of the National Economic Council, provides firsthand knowledge of the proposals concerning the Czech Republic’s socio-economic situation and analyses the measures implemented to mitigate the economic consequences of the pandemic through the viewpoint of political economy.
Given its urgency, this year’s EuroMemorandum puts special emphasis on the climate crisis and other planetary boundaries. In tandem with deepening social inequalities, renascent authoritarian nationalisms and the crisis of global governance, they urgently need comprehensive and effective policy responses...
The aim of this report is to provide a general overview of the evolution of the EU’s economic governance architecture, and in particular of the impact that the Eurozone crisis has had on that evolution, as well as to present a broad outline of its economic and political consequences.