You’ve guessed the answer, the website that Chekhov himself would check out! And what a crisis the idiots have made – argues Ann Pettifor, who has every right to do so. She foresaw the coming financial tragedy in 2003, when we published her The Coming First World Debt Crisis. On 22 September 2008, the week that “changed everything” in her words at the time, she demanded a different economics or a tragedy would unfold. Now, as a scandalous deal means the European “bail out” of Greece in fact benefits vulture funds based in the Cayman Islands, she calls on Europe to abandon the fetters of the Euro. Has the tragic dénouement arrived?
But life refuses to lie down. In Italy, Beppe Grillo’s popular call on his country’s politicians to “Go f*ck yourselves” has, Giovanni Navarria reports, turned into a vote winning internet movement “Move aside, now it's up to us”. In Egypt's post-revolution entrepreneurs are taking over the middle class streets in Cairo, we learn from the wonderful photo-account by an apartment owner. It is much grimmer in Mexico. Ivan Briscoe, whose regular, magnificent essays on living through crisis have lifted the quality of openDemocracy, starts a regular slot in openSecurity; can the Mexicans manage crime by learning from El Salvador he asks, in Deals with the Devil.
And the ideas are out there, argues Chris Hewett, who has helped map them - if only the world of finance will listen to him, as they didn’t to Ann Pettifor. There is a strong call for a basic income from Spain, along with worry that the innovative political impact of its indignados has died. Jennifer Weiss and Leonard Benardo try irony: maybe the ubiquitous frisking and body searches in the US can provide universal medical diagnoses, if the US Supreme Court strikes down Obama’s healthcare.
But the spectacle continues, especially in the UK where a new debate page A Great British Summer? probes the Queen’s Jubilee and Olympic Games.
Essential readings from elsewhere on the web:
openDemocracy’s week in 400 words is emailed to Members and Friends to help pay for our great content. Please forward this to any contact you think might be interested and want to join; they should see here or email [email protected].
Get our weekly email