Banks: neo-liberals beat the regulators
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“After the financial crisis”, in 2008, noted John Authers in the Financial Times of 16 July, “it was beyond argument that existing regulations had failed, and would need to be rethought.
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“After the financial crisis”, in 2008, noted John Authers in the Financial Times of 16 July, “it was beyond argument that existing regulations had failed, and would need to be rethought.
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“After the financial crisis”, in 2008, noted John Authers in the Financial Times of 16 July, “it was beyond argument that existing regulations had failed, and would need to be rethought.
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Vasilis Grollios reports on the Toronto conference of the academic journal Historical Materialism, held on 13-16 May.
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The cuts programme is Europe-wide. Germany, France, Italy, Spain, Portugal, the Netherlands, and Greece are all making big cuts in social provision.
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Q. Are cuts in public services, welfare benefits, and public sector pay, jobs, and pensions unavoidable?
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On 7 June the German government, which faces no acute government-debt crisis, announced £66 billion cuts.
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The debate at a 2 June meeting in London on the crisis in Greece and the eurozone was framed by a forceful opening speech from Costas Lapavitsas, a professor of economics at the School of Oriental and African Studies (SOAS).
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Review of The Enigma of Capital: and the crises of capitalism, by David Harvey (Profile Books) and Meltdown: the end of the age of greed, by Paul Mason (Verso).
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A general strike on 5 May against planned cuts stopped Greece, and brought onto the streets of Athens the biggest demonstration there since the fall of the military dictatorship in 1974.
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The Tory shadow Chancellor George Osborne must think he pulled off a coup on Monday 15 March. He got Jeffrey Sachs - a real economist, an architect of Russia's "shock treatment" after 1991, but who has since distanced himself from extreme free-marketism - to co-author an article with him for the Financial Times.