When European Central Bank chief Mario Draghi left office last month, he was widely praised for “saving the euro.” But he did this at the expense of working people — exploiting the crisis to impose an ever more unbreakable austerity regime.
Thomas Fazi is a writer, journalist, translator, and researcher. He is the co-author of Reclaiming the State: A Progressive Vision of Sovereignty for a Post-Neoliberal World (Pluto Press; 2017).
The European Parliament elections start today. But the body itself is an insult against democracy that exists only to rubber-stamp neoliberal rule.
Breaking up the eurozone would be no simple task. But maintaining the single currency dooms progressive politics across the continent.
Remainers claim that Brexit will be an economic apocalypse. But it provides the opportunity for a radical break with neoliberalism.