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There were more protests in Britain last year than at any time since the 1970s. 
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Martin Wolf examines how the search to revive growth is testing the norms of economics.
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Europe’s post-crisis response of fiscal austerity, neoliberal structural reforms and expansionary monetary policies has unambiguously failed.
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Greek agriculture has proved surprisingly resilient, but tax increases now threaten the very survival of farmers.
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The problem is all inside your head, I told the GreeksThe answer is easy, you need only stop the leaksThe power is yours to claim the freedom that you seekThere must be fifty ways to leave the Euro (Apologies to Simon and Garfunkel)
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Europe’s socialists face a dilemma. They are at last waking up to the unpleasant truth that monetary union is an authoritarian Right-wing enterprise that has slipped its democratic leash, yet if they act on this insight in any way they risk being prevented from taking power. Brussels really has created a monster.
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By Professor Mary Mellor The Labour U-turn to vote against Osborne’s fiscal charter ‘trap’ is welcome, but it cannot stop there – Labour needs to open up a real debate about public access to money in a modern economy. Osborne’s aim to enshrine in law that States must not run deficits is profoundly undemocratic. It …
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Yanis Varoufakis, the former finance minister of Greece, has appealed directly to Jeremy Corbyn, the new shadow Chancellor John McDonnell and the new shadow secretary for international development Diane Abbott at a meeting of the People's Assembly in London.
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3 minutes | Poem by Agnes Török on the news of a new Conservative budget. Based on experiences of living in Britain under austerity as a young, queer, unemployed, female immigrant student - and not taking it...
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WASHINGTON -- The global politics of austerity seeped into the press room of the White House on Monday, the day after the Greeks voted overwhelmingly to reject a harsh bailout deal with Europe.
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There is much confusion, politically sown, about what debt is, what it does and what it costs. This includes the false ideas that the government deficit is unsustainable, that “entitlements” are bleeding us and that paying interest on the national debt displaces money that would otherwise be spent on public programs.
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urope’s top politicians agree that the Greeks will vote this Sunday on one of the most important questions facing any nation. Yet they can’t settle what that question actually is. For Alexis Tsipras, the Greek prime minister, it is about whether his people will tolerate any more “strict and humiliating austerity”. Not so, says Germany’s Angela Merkel. She reckons the Greeks are choosing between staying in the euro and returning to the drachma. The stakes are raised higher still by the boss of the European commission, Jean-Claude Juncker: come next weekend, “the whole planet” will find out whether Greece wants to remain in Europe.
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A new report by the United Kingdom (UK) Women's Budget Group for the International Trade Union Confederation (ITUC) shows that sustained (...)
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It wasn’t long before I too learned to connect the dots. I learned to see that the austerity-induced Structural Adjustment Program of General Ibrahim Babangida in 1986, then lauded as an ingenious economic solution to Nigeria’s problems, was a creature of the IMF, the World Bank, and the Trojan sentiments of free trade.
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The basic justification for austerity is that the public sector must "live within its means". There is a plausibility in the claim that the state is like a household that should not spend more than it earns, but this kind of ‘handbag economics’ draws its analogy from an entirely mythical family budget. We already know that real households do not live within their means; if they did, the economy would grind to a halt.
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Cutting social programs and government investment is a recipe for the growth of fascism.
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It’s clear George Osborne intends to make austerity permanent. Those at the top will benefit, but hard times beckon for everyone else
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Daniel Ben-Ami: Recent criticism of the markets by billionaires such as Gates is anti-capitalist but conservative. It fits neatly with austerity
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Tax credit cuts, the latest extension of Osborne’s policy, have for the first time provoked outspoken criticism of the chancellor from the right as well as the left
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Truger responds to Phelps's denial of Greece's austerity measures, saying the findings are based on a data error, explaining why.
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Demonstrations including a mass ‘die-in’ outside parliament planned to coincide with expected announcement of sweeping cuts to benefits
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The anger and despair in Greece has not receded after Tuesday's bailout deal, claim Athens trade union leaders
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As George Osborne goes to the dispatch box next week to deliver his emergency budget, the collective voice of Greece’s people will reverberate through his mind. They will either have accepted the policies of the European Union and International Monetary Fund (IMF), and assured him that fear can beat hope, that austerity will continue to be the order of the day.
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Two months on from the election, the government’s pledge to address the economic crisis is colliding with the stipulations of Greece’s creditors.
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