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Eurozone: die Krise als Chance für die kapitalistische Offensive

Milios, Jannis and Sotiropoulos, Dimitris (2013). Eurozone: die Krise als Chance für die kapitalistische Offensive. PROKLA, 171(2) pp. 317–334.

URL: http://www.prokla.de/wp/wp-content/uploads/2013/pr...
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Abstract

The Eurozone: Crisis as chance for the capitalist attack. The article criticizes the usual narrative, that the indebtedness of the southern countries of EU is the result of reckless borrowing, exaggerated consumption and productive weakness. It is shown how current account imbalances worked for some years as an accommodation process. However, the Euro is not just a currency, it is a “mechanism” to impose capitalist power, to force permanent processes of restructuring labour. The contemporary crisis of the Euro is not just the outcome of a wrong policy, it is a process of capitalist attack in class struggle.

Item Type: Journal Item
Copyright Holders: 2013 Not known
ISSN: 0342-8176
Extra Information: Text in German

ISBN: 978-3-89691-371-5
Academic Unit/School: Faculty of Business and Law (FBL) > Business > Department for Accounting and Finance
Faculty of Business and Law (FBL) > Business
Faculty of Business and Law (FBL)
Research Group: Innovation, Knowledge & Development research centre (IKD)
Related URLs:
Item ID: 39286
Depositing User: Dimitris Sotiropoulos
Date Deposited: 20 Jan 2014 09:27
Last Modified: 07 Dec 2018 10:21
URI: http://oro.open.ac.uk/id/eprint/39286
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