Economic Crisis

In 2012, the urgency seems to have once again reduced the political possibilities for investment into a green conversion of the economy. Therefore, if the Greens want to reinforce their social base for an “ecological re-industrialisation”, they must re-evaluate their definition of what is socially just and share this vision with as many people as possible, starting with social movements, both new and old. This could be their best way for surviving austerity.

Austerity or growth, austerity for growth, and maybe for a different kind of growth? In 2012, this debate is on the top of the European agenda. But what should we do if growth is no longer possible?

Contrary to what some neoliberals may claim, successive Portugese Governments have followed sound fiscal policy in order to bring their country into line with Eurozone requirements. However, the austerity being imposed on Portugal by the EU runs the risk of undoing decades of progress, and isolating Portugal from the European economy.

A German MP and a Greek MEP discuss with the GEJ how Green cooperation could provide the key to Greece’s future within the EU.

The present crisis already appears to be as serious as the Great Depression of the Thirties, but what does it mean for the future of our economic system? And what is the Green alternative?