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Note that the economy contracts, with imports falling below exports. These are needed to repay old debts and rebuild net wealth. If private investment I cannot be stimulated through a zero-interest rate policy at the European Central Bank, then government spending G is the only game in town. As Hyman Minsky argued, the inherent instability of the capitalist economy can be dampened by relying on Big Bank and Big Government. The increase in government spending G allows the private sector to rebuild its balance sheet while sustaining a level of demand that is compatible with full employment.

Crowdfunding in Europe - State of the Art in Theory and Practice | Dennis Brüntje | Springer

In the eurozone, the situation is complicated by the fact that the monopoly supplier of currency, the ECB, is allowed to lend to banks but not to governments. These constraints can be addressed politically and fixed. A euro area Treasury would be one way to move forward, as envisaged by the European Commission. Article Submission. Legal Disclosure.

Europe (in Theory)

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The Populism/Anti-Populism Divide in Western Europe

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This chapter examines the latest theoretical trends and the two treaty revisions that occurred during the mids and early s, introducing the Single European Act and the Treaty on European Union TEU , which resulted from the treaty revisions, and neofunctionalism, which re-emerged as the leading theory of European integration. The next part studies the state of theorising European integration in the s in relation to the constitutional and political physiognomy of the Maastricht Treaty.

The final part of the chapter focuses on the new theoretical approaches, which include the fusion thesis and new institutionalism. This introduction presents an overview of the key concepts discussed in the subsequent chapters of this book.

The book attempts to convey the different sociological contexts for how contemporary anarchist theory and practice is to be understood. It concentrates on the issue of broadening the parameters of how anarchist theory and practice is conceptualised.

The question of individual liberty and collective needs raises an equally important anarchist principle: equating the means of an action with its ends. The book compares the major philosophical differences and strategies between the classical period and the contemporary anti-capitalist movements.


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It assesses the viability of libertarian education, a century on from the life and work of Spanish writer and activist Francisco Ferrer and finds considerable evidence for the endurance of these ideals. This chapter illustrates the importance of broadening the understanding of social anarchism. Social anarchism has shifted its ground as it has embraced some elements of poststructuralist philosophy. This shift in territory from social to poststructuralist anarchism is most noticeable and particularly important at two levels of theory.


  1. Justification of Europe: A Political Theory of Supranational Integration - Oxford Scholarship.
  2. Europe (in Theory) - Roberto M. Dainotto - Google книги.
  3. Crowdfunding in Europe;
  4. Parkers Honor (Prospect Springs Shifters Book 2);
  5. The first, and the one that underscores the others, is the poststructuralist denunciation of foundationalist discourses or narratives. The second shift in theoretical territory is less pronounced but nonetheless real. The chapter suggests that, when situated alongside the practices of new social movements associated with the anticapitalist protests, the poststructuralist perspective affords insight into how new modes of anarchist practice are emerging. It also highlights how anarchist theory and practice is evolving into something distinct and is, at the same time, nurturing contemporary modes of resistance against traditional social, political and economic forms of oppression.

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