This paper should be understood as a modest contribution to an emerging debate about the conclusions from the crisis and the future of the European Social Model. Inspired by the writings of Karl Polanyi, the first section of the paper discusses the nature and some of the main characteristics of...

The financial and economic crisis was preceded by an energy, food and climate crisis. Until 2008, prices for oil, food and various minerals were increasing due to accelerating scarcity in peak capitalism. With the outbreak of the financial turbulences, the environmental problems shifted somewhat...