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Making do, rationing and nostalgic austerity
Alison Hulme

; Ginn, 2012). Much of this nostalgia was fed by the Imperial War Museum’s ‘Wartime Spirit’ campaign which reissued the 1943 pamphlet ‘How to Make Do and Mend’, which urged the British public to ‘make do and mend’, ‘walk short distances’, ‘save fuel for battle’, ‘save kitchen scraps to feed the pigs’, ‘don’t waste water’, ‘waste paper is still vital’, ‘dig for victory’, ‘holiday at home’, ‘eat greens for health’ and ‘keep calm and carry on’. The last of these tagline –​‘keep calm and carry on’ has become an increasingly ubiquitous sign everywhere in Britain since 2009

in A brief history of thrift
Abstract only
Costas Simitis

have for its credibility in light of these promises, and feared any future efforts at innovative reform or policy would be put on public trial. The desire to distance the party from past reforms meant that none of the economic staff of the Ministry of Finance during the period 1996–2003 was called upon. The Prime Minister regularly sought input from American economists, with limited experience in European affairs. The government’s continual quest for a reform package that would resolve the economic woes of the nation, but without prompting widespread dissent and a

in The European debt crisis
A new beginning?
Costas Simitis

, 5–6 May 2012.   8 On ‘ANT1 morning’ television, 7 June 2012.   9 The results were: New Democracy, 29.66% of votes, 129 seats; SYRIZA, 26.89%, 71 seats; PASOK, 12.28%, 33 seats; Independent Greeks, 7.51%, 20 seats; Golden Dawn, 6.92%, 18 seats; Democratic Left, 6.25%, 17 seats; KKE, 4.5%, 12 seats. 10 See for an evaluation of the electoral result G. Voulgaris, Ta Nea, 23–24 June 2012, p. 10. 11 The parties supporting the European policy won 48.19% of votes, whereas those against won 45.82%. Despite this relatively small difference in votes, the actual distance

in The European debt crisis
Richard R. Nelson

also admired the cultural, and the political, values and structures that he saw induced and supported by capitalist economic organisation. On the other hand, Polanyi detested what he thought capitalism did to people, values and politics. It is apparent that the arguments for and against market organisation, and capitalism more generally, are concerned with issues at some distance from evaluations of performance on strictly economic grounds, whatever the latter might mean. Both Schumpeter and Polanyi believed that capitalism could not survive politically, at least in

in Market relations and the competitive process
Euro or drachma?
Costas Simitis

or kept their distance. To regain the lost ground and consolidate his position at the helm of the party, he insisted on a new general election, hoping to force those who had argued against him, both within the party and across society, to follow him. It was a major political miscalculation. The majority of the disillusioned, weary and anxious voters rejected Samaras and his political gamesmanship.3 PASOK’s defeat came as little surprise. However, the extent of the defeat – a loss of 30% of its share of the total vote (from around 43% to 13%) – exceeded even the

in The European debt crisis
Costas Simitis

Merkel had also distanced herself from the proposal at the beginning of the summit, indicating that ‘we are discussing a matter which we should not be discussing’, even though many members of the German government supported it.11 The primary concern for the EU Council was the acceptance of the Fiscal Compact, which had been agreed at the beginning of December. The related intergovernmental Treaty for the Compact was accepted with minor amendments. The European Commission did not acquire, as had been in the initial proposals, the right to bring any member state of the

in The European debt crisis
Costas Simitis

the objections of the public, or simply worked to rule. Rage and despair were rampant among the public. The state lost its authority. Everyday life became a nightmare. When the Memorandum expires, political parties will distance themselves from the reform policy. The matter of modernising Greek society will remain, however. Addressing the shortcomings of Greek society requires a new programme – a comprehensible, credible, feasible programme. It also presupposes an ideological, political and economic struggle to get people to understand the aims of the policy. It

in The European debt crisis
Costas Simitis

backtracking and the weaknesses of the official Greek side, sowed mistrust of the country, distanced all those who wanted to help and marginalised Greece in the EU. ‘Inevitably friends, partners and enemies doubt whether this country has the will to save itself, to adjust and to function as a reliable, equal and normal member of the Eurozone.’18 The Greek government still needs to overturn this image, through its deeds. For a solution to the Greek problem to be grasped, the view that the Greek crisis is due exclusively to unfortunate European interventions and the conviction

in The European debt crisis
Don Slater

of things. And, indeed, as current debates about glocalisation indicate, it is a normal condition that goods sold across localities must nonetheless make sense within each locality, either because producers and retailers secure global understandings of their goods, or because they tailor their goods to particular localities, or because each locality is able to make its own sense of the goods. 106 Don Slater At the same time, however, the disembedding of goods through long-distance trade means that fissures, conflicts and unevenness are opened up between the

in Market relations and the competitive process
Costas Simitis

overcome the current distancing of the public from European problems, the banking union or the European Parliament’s participation in decisionmaking are not enough. Jacques Delors used to say ‘people do not fall in love with a single market’.48 Ideas and proposals are needed that will generate a broader mobilisation for European unification in every country. We must determine and explain what future we are aiming at.49 We must convince the citizens that in the era of globalisation we will not be able to face competition from the USA, China and other states with

in The European debt crisis