Category Archives: 1989

A Note on #Grexit

grexit

(from The Telegraph (UK))

With the Eurozone crisis in full swing, and ‘Grexit’ now seeming inevitable, the differences between France and Germany seem stark. In particular, the position of Germany appears to have veered significantly from the position it had taken at least in the aftermath of unification, and certainly at the time of the Maastricht Treaty. This is troublesome on many levels, not least the inevitable parallels that will be drawn between a belligerent and newly assertive Germany, and its inter-war counterpart.

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Inequality and Democracy

Wen Jiabao

Outgoing Chinese Premier Wen Jiabao: “Social strains are clearly increasing.”

Outgoing Chinese Prime Minister Wen Jiabao today added his voice (not for the first time) to those warning against rising inequality as a threat to China’s development.  Imbalances in economic growth he warned were threatening the success of the economy.  “We must make ensuring and improving people’s wellbeing the starting point and goal of all the government’s work, give entire priority to it and strive to strengthen social development,” he added.  It is a common refrain, and one that goes to the root of modern statecraft.

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