The real story in the European elections wasn’t the rise of ‘populists and extremists’, but the return of the left-right divide

Originally posted on Greek Left Review:
? The European Parliament elections saw a number of smaller parties with broadly Eurosceptic or anti-establishment platforms do well across Europe. Jonathan White writes that while this has been dismissed by some commentators as a victory for ‘populists and extremists’, the elections represent a more fundamental shift in European…

Savage capitalism is back – and it will not tame itself | David Graeber | Comment is free | The Guardian

Savage capitalism is back – and it will not tame itself | David Graeber | Comment is free | The Guardian. Occupy Wall Street protesters in New York’s Times Square. ‘A miserly 1% are presiding over a social order marked by increasing social, economic and even technological stagnation.’ Photograph: Mario Tama/Getty Images Back in the … More Savage capitalism is back – and it will not tame itself | David Graeber | Comment is free | The Guardian

Thomas Piketty’s real challenge was to the FT’s Rolex types | Comment is free | The Guardian

Thomas Piketty’s real challenge was to the FT’s Rolex types | Comment is free | The Guardian. If the FT’s attack on the radical economist’s ‘rising inequality’ thesis is right, then all the gross designer bling in its How To Spend It section can be morally justifiedre   The adverts in the FT and other … More Thomas Piketty’s real challenge was to the FT’s Rolex types | Comment is free | The Guardian

The Next Portuguese Revolution | Jacobin

The Next Portuguese Revolution | Jacobin. By Mark Bergfeld The poster for this year’s official celebrations of the Portuguese Revolution features a large question mark against a red background. It’s a fitting symbol for an event open to many interpretations. Does Portugal again stand at a crossroads? Or has the revolutionary legacy been co-opted once … More The Next Portuguese Revolution | Jacobin

MAP: The worst places in the world to be a worker

  MAP: The worst places in the world to be a worker. The International Trade Union Confederation (ITUC), an alliance of regional trade confederations that advocates for labor rights around the world, debuted its Global Rights Index this week, ranking countries on a 1 (best) through 5 (worst) scale on the basis of how well … More MAP: The worst places in the world to be a worker

Europe’s Brutal Discipline » CounterPunch: Tells the Facts, Names the Names

Europe’s Brutal Discipline » CounterPunch: Tells the Facts, Names the Names. The European utopia is turning into a system for delivering punishment. As Europe’s regime gets tougher, there is a growing sense that interchangeable elites are taking advantage of each crisis to tighten their austerity policies and impose their federal fantasy (1). This twin objective has the … More Europe’s Brutal Discipline » CounterPunch: Tells the Facts, Names the Names

Why The European Commission Is Wrong: The Case Of Spain – Social Europe Journal

Why The European Commission Is Wrong: The Case Of Spain – Social Europe Journal. The Vice President of the European Commission, Olli Rehn, in charge of Economic and Monetary Affairs is becoming the most unpopular EU Commissioner in Spain. He emphasizes over and over again that labor market rigidities are causing the high unemployment in … More Why The European Commission Is Wrong: The Case Of Spain – Social Europe Journal

EU officials plotted IMF attack to bring rebellious Italy to its knees – Telegraph Blogs

EU officials plotted IMF attack to bring rebellious Italy to its knees – Telegraph Blogs. The revelations about EMU skulduggery are coming thick and fast. Tim Geithner recounts in his book Stress Test: Reflections on Financial Crises just how far the EU elites are willing to go to save the euro, even if it means … More EU officials plotted IMF attack to bring rebellious Italy to its knees – Telegraph Blogs

Labour-reform decree gets final approval – English – ANSA.it

Labour-reform decree gets final approval – English – ANSA.it. The Lower House on Thursday gave final approval to the government’s decree to simplify Italy’s labour-market regulations. It passed with 279 votes in favour, 143 against and three abstentions. The decree has come under intense fire from trade unions, which say it will further weaken job … More Labour-reform decree gets final approval – English – ANSA.it

Maternity protection: The best Mother’s Day gift of all

From the International Labour Organization, in light of the publication of its report on maternity protection. Breakfast in bed, a bouquet of roses or a kid’s drawing in bright crayon colours are all welcome tokens of gratitude on Mother’s Day. But for many women around the world, maternity protection at work would be the best … More Maternity protection: The best Mother’s Day gift of all

The left needs a progressive Euroscepticism to counter the EU’s ills | Costas Lapavitsas | Comment is free | theguardian.com

The left needs a progressive Euroscepticism to counter the EU’s ills | Costas Lapavitsas | Comment is free | theguardian.com. Frustration is currently sweeping Europe and for good reason: persistent unemployment, inequality, weak growth and a pervasive sense of powerlessness, to name a few. Unfortunately, the main political beneficiary is likely to be the Eurosceptic … More The left needs a progressive Euroscepticism to counter the EU’s ills | Costas Lapavitsas | Comment is free | theguardian.com

Greek statistics are back: Primary deficit presented as surplus, with Eurostat’s seal of approval

Originally posted on Yanis Varoufakis:
Have you heard the one about Greece’s Eurostat-approved 2013 primary surplus? Well, you should not believe it. Here is why: Eurostat has just approved the Greek statistical service’s (ELSTAT) figures on the general government’s primary surplus of around 0.8% of GDP. Were that true, it would have been of great…

Italy’s wealth gap grows as real incomes fall for the majority, new research shows

Originally posted on Revolting Europe:
The ten richest people in Italy now own as much wealth as almost 500,000 working class families put together. A little less than two thousand wealthy Italians, members of the super-rich club, have total assets of more than €169 billion (excluding the value of property). “The wealth gap has grown,”…