DiEM25

Our Plan for a European Spring | DiEM25

The 2008 global financial crisis — the modern 1929 crash — set off a vicious chain reaction across Europe. By 2010 it had irreparably damaged the foundations of the eurozone, causing the establishment to bend its own rules and commit crimes against logic in order to bail out its banker friends. By 2013 the neoliberal ideology that had legitimised the EU’s oligarchic technocracy had plunged millions into misery, even through the enactment of official policies: socialism for the financiers and harsh austerity for the many.

German political economy’s two naughty sisters in action, once again – George Krimpas guest post

The lean years are here again, to the apparent satisfaction of Germany’s Finance Minister, a Social Democrat.  The rate of growth of the budgetary surplus was declining, therefore restraining expenditure was the prudent attitude, the public must rest assured that over the next few years 25 billion euros will be saved, the chance of a mildly pro-cyclical switch to austerity will not be missed.  But such is the degree of credibility of prudent handling of the public finances that the markets over-reacted, the Minister had to reassure that all was really not quite so bad, equilibrium of polit

THE ECONOMIST on DiEM25 & the European Spring: “Varoufakis Sans Frontières”

In a warm office in Berlin’s trendy Kreuzberg district, Charlemagne is trying to persuade Yanis Varoufakis that he is a politician. “It’s a necessity. I really dislike running and asking people for votes,” protests the Greek economist when asked about European Spring, his new transnational political party. Does he think of himself as a politician? “No. The moment I do, shoot me.” Apparently inadvertently, Mr Varoufakis won his seat in the Greek parliament in 2015, became finance minister, took on the European economic establishment and failed.

DiEM25’s online art auction: A new way of funding democratic movements and a new relationship between participatory politics and art

DiEM25 is changing the way we do politics and fund our campaigns. From our first day, we declared that we shall not be receiving money from bankers, Brussels, oligarchs and assorted vested interests – that we would struggle with whatever funding our activists could provide from their meagre resources.