Author: Ingo Schmidt
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The German Federal Elections
Centre-Right Wins Majority,Social Democracy Suffers Crushing Defeat,The Left Receives a Boost Conservative Chancellor Angela Merkel, who was leading a coalition government with the Social Democratic Party (SPD) since 2005, will also … Keep reading »
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Looking for Solutions: Labour and the Crisis of Neoliberal Capitalism
The current financial turmoil besetting the world market and the Canadian economy has set in motion an intense struggle for solutions. The main policies that have come forward from the … Keep reading »
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Wall Street Panic, Main Street Pain and Policy Choices
Government Responses to the Financial Crisis: Meltdown and Bailouts Falling house-prices triggered a financial crisis in the summer of 2007. Increasing numbers of people who had borrowed against their property, whose … Keep reading »
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Comparing Crises: The 1930s, the 1970s, and Today
Boom or bust, Wall Street keeps people busy. Everybody debates the U.S. government’s $700-billion bailout plan these days. After the bankruptcy of the Lehman Brothers investment bank, who’s next was … Keep reading »
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Financial Capital: Crises Are Part of the Game
Everything went well during the summer of 2007. The economy was in an upswing and stock-market prices rose even faster. Then the end of the housing boom in the United … Keep reading »