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IMF economist: Crisis begins with inequality

An interview with Michael Kumhof

Unless countries reduce income disparities the next financial collapse is inevitable, argues economist Michael Kumhof. Perhaps a surprising conclusion from a senior researcher at the IMF. In interview he argues that equality is the best recipe against crisis.

With demands over the wage and welfare in austerity Greece deemed illegitimate because unaffordable, what shape can struggle take? Demetra Kotouza sees the all-out attack on living standards as producing a de facto opposition that can’t be cohered by ideologies of class.

Cover for: The land of blood and money

Angelina Jolie’s new film about a love affair between a Serb and Muslim, set during the Bosnian war, taps into a familiar dramatic trope but fails to explore the subversive potential contained in the victim-perpetrator relationship, argues Srecko Horvat.

From pacifist to cheerleader for US foreign policy, from dissident thinker to purveyor of “political kitsch”, Vaclav Havel was a figure that divided opinion. Nevertheless, right up to his death, Havel continued to pursue a consistent ideal, writes Stefan Auer.

Europe invents the Gypsies

The dark side of modernity

Social segregation, cultural appropriation: the six-hundred-year history of the European Roma, as recorded in literature and art, represents the underside of the European subject’s self-invention as agent of civilizing progress in the world, writes Klaus-Michael Bogdal.

Cover for: Presidentialism: The French disease

Presidentialism: The French disease

An interview with Daniel Cohn-Bendit

The narrowly national agendas of the French presidential candidates, combined with a fixation on individuals over issues, damages the democratic process and runs counter to French interests internationally, argues Daniel Cohn-Bendit in interview with the journal “Esprit”.

Cover for: Can Russia be modernized?

Can Russia be modernized?

Problems, causes, opportunities

Plans to modernize Russia’s economy are resisted by bureaucracies benefiting from the country’s status as natural resource appendage of the developed world. That dependency on energy exports hinders political and economic progress is certain: but is high-tech the solution?

The fact that cultural allegiance is most vividly expressed not in ethical behaviour but aggressive parochialism suggests it has been instrumental in protecting human beings throughout their evolution, argues Mark Pagel.

Cover for: The sense of an ending

Blatantly rigged elections are the easiest way for the Putin regime to mimic the authoritarian power it does not possess. December’s protests destroyed Putin’s reputation of being in control; even genuinely competitive elections would be unable to restore his legitimacy.

Thematizing the Balkan wars and the Israeli-Palestine conflict, Belgrade’s 2011 October Salon exhibition failed to get beyond dogmatic subjectivity and recycled preconceptions, writes Ana Bogdanovic.

With her finely tuned stories of romantic searching and social anomie, Maja Hrgovic offers a female perspective on the otherwise male literary terrains of wartime trauma, transition and urban bohemianism, writes Leda Sutlovic.

The face of the masses, the gaze of the masses

New matrixes of historical consciousness in inter-war Europe

The objectively perceived mass with its collective “face”, formless and thus formable? Or the mass as a subjective entity, endowed with a perceptual apparatus of its own? The drama of the Weimar Republic unfolded between these two poles, writes Stefan Jonsson.

Flatbread

Democratic revolution, bourgeois revolution, Arab revolution

The political economy of a possible success

If the democratic revolutions are to succeed in the Maghreb and Middle East, these nations must find a way of copying East and Southeast Asia’s economic success. The central element is access to the economic fundamentals that will allow citizens to become true democrats.

A new type of political ecology may lend the Left a broad political platform. But we must first acknowledge wills that are not human. Jonathan Metzger explains why “more-than-humanism” calls for a complete rethink in policy, planning and the law.

Is the return of Serbian nationalism to be dismissed as domestic political point-scoring in an election year, or does it pose a deeper threat to the region? And will Russia step in as the rift with the EU over Kosovo deepens? Slavenka Drakulic considers the possibilities.

Salman Rushdie had to back out of attending the 2012 Jaipur Literature Festival because of an assassination threat against him. The lack of support for Rushdie shows that the defence of free speech is no longer seen as an irrevocable duty, writes Kenan Malik.

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