financial crisis – DEMAGAGA

Documentary

Sisa: A Poor Man’s Cocaine with Athens in Its Grip

In the wake of the financial crisis that paralyzed the world economy in 2008 and which wrought financial chaos on the euro zone, no European nation is featured in the news as much as Greece, the beleaguered and heavily-indebted Mediterranean state that has watched its society collapse as the state’s ability to combat social ills […]

The European Financial Crisis Has Left Greek Society in Chaos

Doctors going unpaid for months. Legions of unemployed swamping benefits offices across the country and a situation in which even the employed are not receiving money. Such is the state of Greece, a society in ‘free fall’ ever since the financial crisis began. [Yahoo News]

Is the European Union Going to Fail?

The bailout of Greece and the sovereign debt crisis in Spain has called into question the long-held notion that a federal Europe was all but an inevitability. Will problems of collective action ultimately doom one of history’s most ambitious political experiments? Will the affluence of the North and the dereliction of South sunder apart a […]

News

Newly Elected French President Francois Hollande Declares: ‘My enemy is the world of finance.’

Francois Hollande, fresh off of his victory over former French President Nicolas Sarkozy, declared during the campaign that the ‘world of finance’ is his enemy and now he has a chance to make good on his promises to dilute the power of the financial sector in French politics. Among his proposals include increasing taxes on […]

News

Talks to Form Greek Coalition Government Collapse – New Elections Expected as Euro Zone in Turmoil

Greek President Karolos Papoulias has announced that talks to form a coalition, technocratic government have failed and new elections are expected. Evangelos Venizelos, leader of the Panhellenic Socialist Movement (PASOK), has presided over three failed coalition talks and is now instrumental in forming a caretaker government to chaperone Greece into its next round of elections. […]

News

Wall Street: The Intersection of Money and Power in the American Empire, Part 2

Watch Money, Power and Wall Street: Part One on PBS. See more from FRONTLINE. Part II of the PBS special documentary about money, power and politics in the United States. Politics, money, and power are three concepts typically associated together, particularly with regard to the American political system. Often cited by critics as one of […]

News

Wall Street: The Intersection of Money and Power in the American Empire, Part 1

Watch Money, Power and Wall Street: Part One on PBS. See more from FRONTLINE. Politics, money, and power are three concepts typically associated together, particularly with regard to the American political system. Often cited by critics as one of the main democratic deficiencies of the American political system, the convenient marriage of money and power […]

News

Francois Hollande Elected President of France: Nicolas Sarkozy Concedes Defeat in Recent Presidential Contest

The Fifth Republic has chosen its first socialist president since Francois Mitterand: Francois Hollande, an experienced political organizer that has, until now, never held high government office. Nicolas Sarkozy, pulling 48.1% of the vote, concedes victory to Francois Hollande of the Socialist Party of France at 51.9%. While described as reserved by some, this does […]

News

Francois Hollande Set to Become France’s First Socialist President in Decades

France has long been associated with leftist politics, but with the potential of Francois Hollande, Socialist candidate for President of France, winning the election against Nicolas Sarkozy never before have the prospects of a French return to leftist policies held so much consequence for the rest of continent. Marxism and the French Left: Studies on […]