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This is the 27. and final article in our series Trouble on the Far-Right.
Trouble on the far right has become troubling for Europe. Not only do right-wing motivated attacks occur regularly against Roma camps, ethnic minorities, LGBTQI people and Jewish institutions. At the same time, a xenophobic discourse on refugees has gained momentum in politics and society and further blurred the lines between far right agitation and mainstream politics. In order to classify these events adequately, far right activism should not just be regarded as a security issue that can be eliminated by force, but as a threat that threatens the foundations of open, democratic and pluralist societies. Hence, we should be aware that far right politics are neither a new nor an isolated phenomenon but often bank on existing cultures of (gender, competitive, nativist) domination in capitalist societies.1
Certain developments have recently accelerated a radicalization of the political mainstream in terms of rhetoric, demands and policy outcomes and transformed the institutional landscape. The Slovakian parliamentary elections and the fateful presidential elections in Austria are central events during our 10-week blog series that prove the inherent dynamic. The right-wing government in Poland that has started removing fundamental rights and facilitated the spread of nationalist values is another example.
Contrary to the one-sided academic focus on elections, far right influence on European societies should be measured on three further levels: Massive street mobilizations epitomized by Pegida in Germany (and beyond) and the Italian Stop Invasione rallies, clandestine organizing such as the British far right militants and prospering relations between state authorities and far right movements, for example in Turkey, testify a growing diversification of far right activism. These scenarios demand methodologically and theoretically innovative perspectives. Our blog series Trouble on the Far Right has provided them with an international forum.
The truth lies in Chemnitz?
(2018)
"Germany to the Germans! Foreigners out" was the central slogan of the racist riots in the city of Rostock in 1992. For around three days, neo-Nazis controlled the streets in the plattenbau district of Lichtenhagen where the central registration for asylum-seekers (as well as a housing block of Vietnamese contract workers) were situated. ...
A growing number of defense-industrial 3D printing fairs, print-a-thons and the amount of defense dollars, particularly in the US, going into the technology of 3D printing speak to the fact that the defense industry and some countries’ armed forces recognize the great potential of the technology. 3D printing indeed allows the quicker, cheaper, and easier development of weapons, and even entirely new weapon designs. This applies to the full range of weapons categories: Small arms and light weapons (e.g. guns, guns, guns and grenade launchers), conventional weapon systems (drones, tanks, missiles, hypersonic scramjets) – and possibly even weapons of mass destruction.
This is the second article in our series Trouble on the Far-Right.
Since 2011 signs have been multiplying in Europe of a far right grassroots insurgency in the making. And there were signals, too, of a racist insurrection: arson attacks, petrol bombs, paramilitary and vigilante activities, and the stockpiling of weapons. The first major indication of the far right’s capacity for mass murder came from Norway on 22 July 2011. Anders Behring Breivik killed 77 people, mainly teenagers, whom he shot dead at the Labour Party youth summer camp on Oslo’s Utøya Island. At his trial, Breivik described the youngsters he so cruelly murdered as ‚traitors‘ who had embraced immigration in order to promote an ‘Islamic colonization of Norway‘..
Almost a decade ago, the internet was celebrated as one of history’s greatest liberation tools. People have unparalleled access to information and a greater deal of freedom to express themselves without fear of censorship or reprisal. This enthusiasm was short-lived, however. Today’s internet is heaving with hate speech, censorship, fake news, misinformation, and all forms of extremism. Governments have tightened their grip on digital spaces, and tech companies have grown into nontransparent empires with immense influence on the world’s politics, economies, and societies. These changes have brought forward new terrains of conflict and have redefined the relationship between the citizen and the state.
The recent financial crisis highlighted the limits of the "originate to distribute" model of banking, but its nexus with the macroeconomy remains unexplored. I build a business cycle model with banks engaging in credit risk transfer (CRT) under informational externalities. Markets for CRT provide liquidity insurance to banks, but the emergence of a pooling equilibrium can also impair the banks’ monitoring incentives. In normal times and in face of standard macro shocks the insurance benefits of CRT prevail and the business cycle is stabilized. In face of financial/liquidity shocks the extent of informational asymmetries is larger and the business cycle is amplified. The macro model with CRT can also reproduce well a number of macro and banking statistics over the period of rapid growth of this banks’ business model.
Traditional New Keynesian models prescribe that optimal monetary policy should aim at price stability. In the absence of a labor market frictions, the monetary authority faces no unemployment/inflation trade-off. I study the design of optimal monetary policy in a framework with sticky prices and matching frictions in the labor market. Optimal policy features deviations from price stability in response to both productivity and government expenditure shocks. When the Hosios 1990 condition is not met, search externalities make the flexible price allocation unfeasible. Optimal deviations from price stability increase with workers’ bargaining power, as firms´ incentives to post vacancies fall and unemployment fluctuates above the Pareto efficient one.
In the event of a Greek exit from the Eurozone, the stronger members of the monetary union, especially Germany, face at least two risks: First, the debt of the Greek National Bank vis-à-vis the Eurosystem of central banks will most likely be lost. Secondly, the large flow of capital from Greece and other periphery countries to Germany will accelerate inflation.
The critical debates of liberal peace are grounded in a "paradox of liberalism" (Sabaratnam 2013): Western liberalism is criticized as oppressive, colonial and bellicose, but also implicitly relied on as the source of emancipation. This has not rejected in a rejection of liberal interventionism, but rather in demands for more cultural sensitivity, more local participation or an efficient control to save the idea of liberal peace...