austerity
The promise and paradise of austerity
Certain questions dog progressive thought: why, in view of the manifest failures of financial capitalism, is its hold on our society stronger than ever? Why, despite the empirical evidence of foreclosures, vacant building lots and food banks are people unable to see the catastrophic consequences of current economic arrangements? How has neoliberalism emerged from calamity ever stronger (Mirowski, 2013)? Why, as Crouch (2011) puts it, will neoliberalism simply not die?
Can democracy survive austerity?
Armin Schafer and Wolfgang Streeck, two scholars at the Max Planck Institute for the Study of Societies in Cologne, Germany, have edited a remarkable volume that attempts to address a political-economic touchstone of modern democratic-capitalism: how to reconcile democratic political processes with the increasing governance of global economic life by economic institutions – corporate and transnational governmental – that are politically nonresponsive to the demands of ordinary citizens and which are dedicated to often unpopular economic policies of austerity (cf. Edsall, 2012).
The politics of consumption
If Politics, following Aristotle (1984), is a matter of analysing, comparing and ultimately creating practices of human association, we will do well to regard consumption practices as inherently political. Such a regard requires us to take a comparative-prospective disposition towards the roles and practices that underpin the production and distribution of subsistence and luxury.
The politics of consumption
This age of austerity comes on the back of a lengthened period of apparently rampant consumer excess: that was a party for which we are all now having to pay. A spectacular period of unsustainably funded over-indulgence, it seems, has now given rise to a sobering period of barely fundable mere-subsistence. Consumption, narrated along such lines, is a sin which has to be paid for. Beyond the deceptive theology of consumption, however, lies actual politics.
‘Saving the city’: Collective low-budget organizing and urban practice
Issue Editors: Paula Bialski, Heike Derwanz, Lena Olaison, Birke Otto, Hans Vollmer
From humanity to nationality to bestiality: A polemic on alternatives without conclusion
World Stock Markets in Turmoil (Guardian, 5/8/11)
Collapse of Neoliberal Ideology (Harvey and Milburn, in Guardian, 5/8/11)
State of Emergency (Guardian, 5/8/11)