South Korea: debunking the ‘miracle’ economy

SAMSUNG CSC

South Korea’s economic development over the past 50 years offers lessons in the past, present and future, and casts light upon the injustice of economic development, and the pressing need for reform to the capitalist system in those states who have most decisively adopted it.   The Korean peninsula is a true twenty-first century paradox:… Continue Reading ➤

Greece, Europe and the Troika: Colonialism in Action?

I'm with stupid?: Slavoj Zizek and Oliver Stone meet Greece's Alexis Tsipras in May 2013

In the week following the Greek legislative elections on January 25th 2015, Syriza’s victory was hailed across Europe as marking the end of economic austerity and a new beginning for the country. Indeed, it is undeniable that the recent negotiations between Greece and the Eurozone were an outstanding Greek victory on the linguistic front: bailout extensions… Continue Reading ➤

The Rise of the European Left: Syriza and Podemos

A riot policeman during May Day protests in Athens, 2010 (Source: Flickr: Joanna)

Today, the European Union is confronted with a problem that has raised the spectre of an existential crisis. Its failure to counter the 2008 financial crisis has led to economic and social devastation throughout Europe, and with it, a surge in anti-EU sentiment for its harsh doctrine of seemingly endless spending cuts. People are quickly… Continue Reading ➤