ANALYSIS: The “return of the state” as crisis administrator [Norbert Trenkle]

Parts of the left are attributing the current global economic crisis to political causes. Neoliberalism, so the argument goes, with its total deregulation of markets and particularly the radical increases in freedom accorded to the financial markets, has failed. Now, they claim, we are approaching an era of regulation and control by the state, and our task is to influence the forms it will take. The central demand is for the rolling-back of the influence of finance capital and a strengthening of the real economy, which in turn should itself be reformed both ecologically and socially. Whether or not this will succeed is treated primarily as a question of the balance of social power and of political mobilisation.

[READ THE REST]

Deutsche VersionVersione Italiana

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: