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• Regarding the complex “debt – austerity policy – financialisation – capitalist oligarchies – production and consumption patterns – hegemony – socio-ecological reconstruction/transformation – and the especially dramatic dimensions of the Greek case” and regarding the more concrete above formulated issues – how would you characterize your main interest and your research method?  I do indeed consider the high level of financialisation as an endemic factor of the current crisis.  Finance has been instrumental in the outbreak of the crisis, as well as in its continuation, through its size in the economy and its influence on the political system (revolving doors between financiers and politicians).  Continue reading →

The basic English text on my theoretical position still is:

(2007): http://www.uni-muenster.de/PeaCon/psr/pn/ppkrysmanski32007.pdf (Who will own the EU – the Superrich or the People of Europe?)

In addition see: Continue reading →

1)      INSTITUTIONAL CHANGE IN THE CONTEXT OF THE ECONOMIC CRISIS:
The Role of Economics Imperialism

ABSTRACT

The current crisis underscores the fallibility and the fragility of capitalist institutions and institutional frameworks. Continue reading →

 – Austerity Policy – Financialisation – Capitalist Oligarchies – Hegemony – Socio-Ecological Reconstruction/Transformation – and the Especially Dramatic Dimensions of the Greek Case”

The EU’s response to the economic crisis establishes across member states a regime of permanent austerity at considerable damage to the economy, the social fabric and workers. Acting against common sense and avoiding economic policies that could benefit the common good, the worst alternatives are chosen from the arsenal of neoclassical economics. The markets are conceived in a godly fashion as able to solve all problems. Continue reading →

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