#StopAusterity Radar Nr.1


This is the first of our #StopAusterity Radar Series where we will collect and summarize a variety of articles on the topic of austerity politics in Europe. It serves as a summary of information for those interested in critical perspectives on austerity and its social, economic and political consequences. For this #StopAusterity Radar we have… Continue

Revolution in the IMF?


The International Monetary Fund (IMF) recently caused much excitement when they published an article criticizing neoliberal economic politics titled “Neoliberalism: Oversold?”. In it, three economists criticize the consequences of Austerity politics and global financial openness with unfamiliar clarity. The publishing of this article is an indicator for a broader political discourse within the IMF, whose… Continue

#StopAusterity visits Brussels


‚Stop Austerity‘ is on the agenda in Brussels! In the course of our preparations for the relaunch of the #StopAusterity campaign, we spent a few days in Brussels to meet our allies. It became clear in the discussions and debates that states need more room to invest in their futures. Currently the corsets of Austerity… Continue

Understanding Austerity and Neoliberalism – Video collection


The politics of Austerity and its underlying ideology, Neoliberalism, are highly complex and sometimes difficult to understand. That’s why we put together a collection of YouTube videos to help you grasp the topic better. Sit back and enjoy! English 1. Mark Blyth – Quick Introduction to Austerity; Length: 00:05:34 2. Wendy Brown on how Neoliberalism… Continue

Visualizing Austerity

We found this pretty good visual map of Austerity and wanted to share it with you. You can find more information on the backgrounds of the crisis: www.understandingthecrisis.net and ideas on how to solve the crisis: www.solvingthecrisis.eu   From Visually.   Found on Visually.

Austerity Policy – Cui bono?

Austerity Policy_Cui bono

Merkel and Schäuble have been urging for strict measures in order to „save“ Greece for years. But have they paid off? The Greek economy is deteriorating, poverty and unemployment are increasing. It is getting more and more difficult for Greece to pay its debt. The German national budget is the one to profit: due to… Continue

Austerity Policy = Rescuing Financial Markets

Financial Markets

77 % of bailout funds offered to Greece as loans returned – thanks to the Troika’s guidelines – directly or indirectly to the financial sector and therefore to German and French banks. #stopAusterity

Austerity Policy = Billionaire Boom

Billionaire Boom

At the same time as public expenditure is being cut, the number of billionaires (as well as millionaires) has been rising in Europe since the outbreak of the crisis. With 775 billionaires, Europe is the region with the most superrich worldwide. At the same time, increasing poverty and unemployment rates are leading to increasing governmental… Continue

Austerity Policy = Economic Collapse

Economic Collapse

The structural reforms in Greece, expedited by the Troika, led to the economic performance declining by 25 % between 2008 and 2014. For comparison: In the years of crisis 1929-1933, the GDP of the USA decreased by 28,5 %, in Austria, which was – similar to Greece nowadays – under the guardianship of the League… Continue

Austerity Policy = Increasing Poverty

Increasing Poverty

Being affected by poverty means being excluded of the society. The worries to be able to afford rent, food and heating make it harder to participate in society. In the EU average, every fourth person is affected by poverty – more than 121 636 000 people! In other words, this is about 15 times the… Continue