TITLE

Eurozone' financial crisis is a tale of two social paradigms

AUTHOR(S)
Cuschieri, Tony
PUB. DATE
November 2012
SOURCE
CCPA Monitor;Nov2012, Vol. 19 Issue 6, p26
SOURCE TYPE
Periodical
DOC. TYPE
Essay
ABSTRACT
An essay is presented which discusses social paradigms that contributed to the Eurozone financial crisis. It explores the principles and imperatives of the capital-based paradigm and its potential to create a debt crisis. It examines the need for European countries to take radical austerity measures to address the financial problem.
ACCESSION #
83141785

 

Related Articles

  • Talking to Europe. Reeves, Rachel // Prospect;Feb2012, Issue 191, p17 

    The article presents the author's views on the financial crisis in Europe. She says that European countries are struggling to deal with slowing economy, however imposing punitive austerity measures and prolonged recession will not help them. According to her, the actual problem of Europe is its...

  • The Current Economic Crisis of the EU: Genesis, Analysis and Solutions. Troitiño, David Ramiro // Baltic Journal of European Studies;Jun2013, Vol. 3 Issue 1, p6 

    The article approaches the current economic crisis from an historical perspective, analyzing the building of the monetary integration and the common currency. The process is explained through pointing out its effects on the European integration and outlining the positive and negative...

  • Europeans Fight Back. Pal, Amitabh // Progressive;Sep2012, Vol. 76 Issue 9, p8 

    The article discusses how wrong policies of policymakers in European countries resulted in financial and debt crises in the region, and the efforts of people to organize protests against austerity in Europe. It is said that due to faulty construction of euro, countries like Greece and Spain were...

  • Debt Most Deadly. Nadeau, Barbie Latza // Newsweek (Pacific Edition);6/25/2012 (Pacific Edition), Vol. 159 Issue 26, p8 

    The article explores the increasing incidences of suicides in Europe caused by the economic crisis. Since the beginning of 2012, 80 Italians were reported to have committed suicides linked to austerity measures. Similarly, many more have killed themselves in Greece following the financial...

  • Why 'Fiscal Austerity'? A Review of Recent Evidence on the Economic Effects of Sovereign Debt. Bonser-Neal, Catherine // Indiana Journal of Global Legal Studies;Summer2015, Vol. 22 Issue 2, p543 

    Concerns about the economic effect of high sovereign debt levels have motivated policy makers to constrain or reduce the growth of fiscal deficits, a practice commonly known now as 'fiscal austerity.' However, what do we know about the economic impacts of sovereign debt? This article provides an...

  • Innovative Geschäftsmodelle italienischer Genossenschaften als Antwort auf Sparkurs und Reformen. Kiesswetter, Oscar // Zeitschrift für das Gesamte Genossenschaftswesen;2013 1st Quarter, Vol. 63 Issue 1, p29 

    This article evaluates the response of Italian cooperatives to the reform and austerity policies of the Italian government as a result of the debt crisis.We outline innovative and interesting approaches flamboyantly related to the historical origins of the Italian cooperative movement.

  • An Integral Perspective on Current Economic Challenges: Making Sense of Market Crashes. Malik, Pravir // Integral Review: A Transdisciplinary & Transcultural Journal for;Sep2013, Vol. 9 Issue 3, p50 

    Market crises are interpreted in much the same way. Hence action is also always of a similar type, regardless of the market crisis that may have occurred. It is a similar set of tools that are applied to all crises, and usually this has to do with managing the money supply, interest rates, and...

  • THE EUROPEAN DEBT CRISIS. Drache, Daniel // World Review of Political Economy;Spring2014, Vol. 5 Issue 1, p4 

    This article focuses on the way a crisis needs an institutional actor and champion. Through painfully slow intervention and muddling through, the European Central Bank (ECB) created new policy space for a European financial and banking system that was on the point of collapse. However, the...

  • Cautious approach. Pollok, Murray // Construction Europe;Jul/Aug2012, Vol. 23 Issue 6, p26 

    The article focuses on the condition of the construction equipment rental industry in Europe. It notes that the continued growth of the industry has been hindered by the inadequate finance capital. Gérard Déprez, chief executive officer of Loxam and president of the European Rental...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics