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How can we understand social democracy today? This ambitious book offers a global perspective on the nature of capitalism; its past and future possibilities of survival; the differentiation between neoliberal, authoritarian and social democratic systems, exemplified by the United States, China, and the EU; and the conflict relationships between them. Reflecting on urgent global risks, such as climate change, pandemics and nuclear confrontation - Mouzelis & Sotiropoulos explore why these risks can only be dealt with by the cooperation of these three major players in the global arena. They explore how the model of social democracy, which in the previous century tamed unfettered capitalism in some national contexts, can help contain the excesses of global capitalism now. In clear, compelling and coherent terms, the authors demonstrate how unchecked antagonism among these three major players has the potential to spill-over into inertia or reluctance to manage these urgent risks, to the detriment of humanity as a whole.
This volume is the authoritative Handbook guide to the development of Greek politics, economy, and society from the period of the fall of the Colonels' Regime (1974) to the present day, including the causes and consequences of the crisis in Greece and the aftermath of the crisis, in comparative and historical perspective.
This book argues that the backsliding or stagnation of democracy should be interpreted in a wider perspective on irregular movements towards and away from contemporary liberal democracy. This a perspective couched by a metaphor, namely the 'pendulum of democracy', which the author has constructed to suggest that democratic regimes may swing between a democratic end (fully developed liberal democracy) and a semi-authoritarian end (competitive authoritarianism). The pendulum does not have a predictable frequency. Democratization may lead to irregular movements back and forth. It is easier to analyze such movements of the pendulum when democracy is not consolidated yet (for instance, in the three post-Yugoslav political regimes mentioned above), as democratic institutions and processes are not yet stable. For this reason, this book analyses the swing of unconsolidated democracy away from the democratic end in the cases of today’s Serbia and Montenegro and the swing back towards liberal democracy in the case of North Macedonia which - until 2017 - had been developing into a competitive authoritarian regime, but then embarked on the road to democratic recovery.
This book provides an in-depth account of the politics of the Eurozone crisis in Italy, Spain, Greece, Portugal, Cyprus and Malta, mapping the positions expressed by the governments of Southern EU countries during the Eurozone crisis negotiations, including Greece’s bailout deal, the so-called “Six Pack” and the “Fiscal Compact” and exploring the process of domestic preference formation. The book relies on original data resulting from fieldwork conducted in the context of the EU Commission- funded Horizon 2020 project “The Choice for Europe since Maastricht”.
Organised civil society in Greece is generally regarded as weak with rankings for associational density, volunteerism and levels of social capital traditionally among the lowest in Europe. Austerity and the Third Sector in Greece explores the context behind the statistics and general perceptions of a society of takers, not givers. Stereotypes of a country living beyond its means have been exacerbated by the Eurozone crisis but, since 2008, there has in fact been a great proliferation of organised civil society initiatives in the country. Has the financial crisis seen a belated awakening of Greek civil society? Offering a broad overview of contemporary civil society in Greece this book explor...
Demographic ageing should not be a crisis for either societies or individuals, though often reported as problematic. But what about ageing during long periods of crisis, when social and economic conditions worsen? The book takes a look at the experiences of Greece, the country most shaken by the severe financial crisis of the last years. The book describes the strong influence of the crisis on ageing, health and social relations and the challenges to which Greek institutions and citizens respond. The authors represent the multidisciplinary field of economics, social policy, health and family research and civil society in Greece.
The recent financial meltdown and the resulting global recession have rekindled debates regarding the nature of contemporary capitalism. This book analyses the ongoing financialization of the economy as a development within capitalism, and explores the ways in which it has changed the organization of capitalist power. The authors offer an interpretation of the role of the financial sphere which displays a striking contrast to the majority of contemporary heterodox approaches. Their interpretation stresses the crucial role of financial derivatives in the contemporary organization of capitalist power relations, arguing that the process of financialization is in fact entirely unthinkable in the absence of derivatives. The book also uses Marx’s concepts and some of the arguments developed in the framework of the historic Marxist controversies on economic crises in order to gain an insight into the modern neoliberal form of capitalism and the recent financial crisis. Employing a series of international case studies, this book will be essential reading for all those with an interest in the financial crisis, and all those seeking to comprehend the workings of capitalism.
In this thought-provoking book, José M. Magone investigates the growing political, economic and social divisions between the core countries of the European Union and the southern European periphery. He examines the major hindrances that are preventing the four main southern European countries (Italy, Spain, Portugal and Greece) from keeping up with the increasing pace of European integration, and the effects that this is having on democratic governance.
This book analyses the reform of Greece’s public revenue administration promoted by its international lenders under the successive bailout agreements put in place since 2010. In particular, it shows how an integral part of the finance ministry was converted into an independent agency operating largely outside the direct control of the finance minister. The authors focus on the implementation of this major reform and demonstrate the impact of domestic decisions on the increasing specificity of the international lenders’ demands and the concomitant lack of confidence in the Greek political élite’s commitment to the reform package. This book helps readers understand the response to the eurozone crisis (especially, the conditionality of funding), Greece’s reform capacity with a focus on its tax administration, and the expansion of the scope of non-majoritarian institutions in Western democracies.
Presented here are the views of experts and intellectuals from South-East Europe regarding the need for regional reconstruction and development in order to foster regional stability.