Steffen Lehndorff: A Triumph of Failed Ideas: European models of capitalism in the crisis

Dandelion Salad

Image by brent_granby via Flickr

May 5, 2012 by LeftStreamed

Steffen Lehndorff speaks about the book, A Triumph of Failed Ideas: European models of capitalism in the crisis (Brussels: European Trade Union Institute, 2012). Steffen Lehndorff is Senior Researcher at the Working Time and Work Organisation Department at IAQ, University of Duisburg-Essen, Germany.

The current crisis in Europe is being labelled, in mainstream media and politics, as a ‘public debt crisis’. The present book draws a markedly different picture. What is happening now is rooted, in a variety of different ways, in the destabilisation of national models of capitalism due to the predominance of neoliberalism since the demise of the post-war ‘golden age’. Ten country analyses provide insights into national ways of coping — or failing to cope — with the ongoing crisis. They reveal the extent to which the respective socio-economic development models are unsustainable, either for the country in question, or for other countries.

A Triumph of Failed Ideas: European models of capitalism in the crisis

see

Keiser Report: Michael Hudson: Austerity, Debt and Fraudulent Conveyance

A Debate On How To Get Out of the Euro with Marshall Auerback, Michael Hudson, William K. Black and Stephanie Kelton

Michael Hudson: Debt-ridden Countries IMF’d as “Euro Collapse” threat lures Bailout Bucks

Debts that can’t be paid, won’t be by Michael Hudson

The European Stabilization Mechanism, Or How the Goldman Vampire Squid Just Captured Europe by Ellen Brown