Cédric Durand is a French economist who teaches at the University of Geneva, and the author of Fictitious Capital: How Finance Is Appropriating Our Future.
The neoliberal economic model has foundered and can no longer generate growth. Governments will be forced to change their approach to economic management, giving rise to more promising conditions for struggle by workers after a generation of retreat.
The gilets jaunes movement has presented a vision of France beyond Emmanuel Macron’s neoliberalism. Anticapitalists have to push it even further.
Mélenchon’s election campaign has galvanized the Left by doing what Hamon couldn’t — making a clean break with the political center.
The crisis in Greece is part of a larger disintegration of the European project.