Visitors Now:
Total Visits:
Total Stories:
Profile image
By silveristhenew (Reporter)
Contributor profile | More stories
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

Austerity Is Turning The EuroZone Into A Dead Zone

Tuesday, October 4, 2016 8:53
% of readers think this story is Fact. Add your two cents.

(Before It's News)

Austerity Is Turning The EuroZone Into A Dead Zone

James K. Galbraith, like his father, John Kenneth Galbraith, is capable of thinking independently of neoliberal economic cant. He has published a good book that describes how powerful private economic interests, shielded by the cloak provided by “free market economists,” have destroyed European democracy in order to loot EU member countries. The European Union is allied with this expropriation of the public sector by private interests, because the development allows the EU to subvert the sovereignty of member countries and to centralize the fiscal policy of member governments in the EU.

I intended to review Galbraith’s important book, but Michael Hudson has done an expert job.

Here is Hudson’s review From CounterPunch:

http://www.counterpunch.org/2016/10/03/the-poisoned-chalice-from-eurozone-to-dead-zone/

The post Austerity Is Turning The EuroZone Into A Dead Zone appeared first on PaulCraigRoberts.org.

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.