Economic ideologies

Argentine trains ground to a halt and hospitals were left running on fumes this week as austerity measures sparked mass walkouts - even as the country boasted its first budget surplus in 12 years.

I don't know if you've noticed, but lobster pasta seems to be back on the menu in many places, back in vogue. The question is whether this means that we're also back to the good old days of abundance. Growth is good for the country and its citizens. Growth generates wealth and this should be the goal.

The fact that (yet another) last-minute amendment is required to overcome the short-circuiting caused by factionalism on the newly elected administrative boards does not cover the academic community in glory.

In a post-capitalist society, the integration of artificial intelligence into the economic system will dramatically reduce the role of the human factor. New systems for generating artificial thought and discourse such as ChatGPT, which compete with human cognition, are already creating a number of puzzles across the social sciences.

Turkey's six-way opposition alliance has outlined the main principles and objectives it will pursue when it comes to power in the next elections, highlighting the need for upgrading democracy and human rights under a strengthened parliamentary system based on a strictly implemented principle of separation of powers.

The Social Democrats are joining "We Continue the Change" to run together in the November 14 parliamentary elections.

Talks to join the coalition are also being held with other parties, which would recognize the main political goals and priorities of "We Continue to Change" and are ready to abide by the principles set out in the agreement, they said.

The Socialists' streamlined political machine and controversial patronage system won them a third election victory - but have worrying implications for democracy, experts say.

The Turkish economy, expected to shrink in 2021 like many other countries due to the coronavirus, will bounce back 6% in 2021, the European Bank for Reconstruction and Development (EBRD) said on May 13. 

"Turkey is likely to see a contraction of 3.5% in 2020 because of the economic impact of the coronavirus pandemic," the bank stressed in a press release.

This is the latest in a series of articles on the legacy of the fall of the Iron Curtain 30 years ago. See more.

The Socialists, together with the Democratic Party whose government they helped topple in June, won a no-confidence vote in the Sandu administration on November 12, unleashing another political crisis in Moldova.