New Books in European Politics – Details, episodes & analysis

In Unexpected Revolutionaries: How Central Banks Made and Unmade Economic Orthodoxy (Cornell University Press, 2024), Dr. Manuela Moschella investigates the institutional transformation of central banks from the 1970s to the present. Central banks are typically regarded as conservative, politically neutral institutions that uphold conventional macroeconomic wisdom. Yet in the wake of the 2008 global financial crisis and the 2020 COVID-19 crisis, central banks have upended observer expectations by implementing largely unknown and unconventional monetary policies. Far from abiding by well-established policy playbooks, central banks now engage in practices such as providing liquidity support for a wide range of financial institutions and quantitative easing. They have even stretched the remit of monetary policy into issues such as inequality and climate change. Dr. Moschella argues that the political nature of central banks lies at the heart of these transformations. While formally independent, central banks need political support to justify their policies and powers, and to obtain it, they carefully manage their reputation among their audience selected officials, market actors, and citizens. Challenged by reputational threats brought about by twenty-first-century recessionary and deflationary forces, central banks such as the Federal Reserve System and the European Central Bank strategically deviated from orthodox monetary policies to preempt or manage political backlash and to regain public trust. Central banks thus evolved into a new role only in coordination with fiscal authorities and on the back of public contestation. Eye-opening and insightful, Unexpected Revolutionaries is necessary reading for discussions on the future of the neoliberal macroeconomic regime, the democratic oversight of monetary policymaking, and the role that central banks canor cannotplay in our domestic economies. This interview was conducted by Dr. Miranda Melcher whose new book focuses on post-conflict military integration, understanding treaty negotiation and implementation in civil war contexts, with qualitative analysis of the Angolan and Mozambican civil wars. Learn more about your ad choices. Visit megaphone.fm/adchoices

After being the posterchild of democratization, today Central and Eastern Europe is often seen as the region of democratic backsliding. In this episode, Milada Vachudova and Tim Haughton talk with host Licia Cianetti about how ethno-populist and illiberal politicians have been reshaping the region’s politics, how people have gone to the streets to protest against anti-democratic and corrupt governments, and the many ways in which post-communist Europe is actually not that different from democracies in the “West”. Milada Anna Vachudova is Professor of Political Science at the University of North Carolina at Chapel Hill. She has recently co-edited a special section about “Civic Mobilization against Democratic Backsliding in Post-Communist Europe”. Tim Haughton is Professor of Comparative and European Politics at the University of Birmingham and Deputy Co-Director of CEDAR. In the podcast he discusses hir recent articles on elections in Slovakia and Poland, and in Slovenia. Licia Cianetti is Lecturer in Political Science and International Studies at the University of Birmingham and Deputy Co-Director of CEDAR. She has recently co-authored a chapter on Central and Eastern Europe for the Routledge Handbook of Autocratization. The People, Power, Politics podcast brings you the latest insights into the factors that are shaping and re-shaping our political world. It is brought to you by the Centre for Elections, Democracy, Accountability and Representation (CEDAR) based at the University of Birmingham, United Kingdom. Join us to better understand the factors that promote and undermine democratic government around the world and follow us on Twitter at @CEDAR_Bham! Learn more about your ad choices. Visit megaphone.fm/adchoices

In 2012, to stave off the collapse of their currency union, Europe’s leaders sought to end the so-called “doom loop” between the solvency of their governments and their banking systems. Two years later, a banking union was born.  Created as a crisis response, like the postwar coal and steel community, this ten-year-old union is another step in Europe’s long integrationist road. Yet – as Nicolas Véron points out in Europe’s Banking Union At Ten: Unfinished Yet Transformative (Bruegel, 2024) - the effort to "break the vicious circle between banks and sovereigns remains fragile and incomplete". Together with Jean Pisani-Ferry, Nicolas Véron is a co-founder of the Bruegel public-policy think tank in Brussels and a scholar at the Peterson Institute for International Economics (PIIE) in Washington. A specialist in financial systems and regulatory reform, he is an alumnus of the École Polytechnique and the École nationale supérieure des mines in Paris and - until 2000 - was a French civil servant. He has written and co-written many papers on banking supervision, crisis management, and Eurozone policy governance. *The author's book recommendations were Central Banking Before 1800: A Rehabilitation by Ulrich Bindseil (OUP, 2020) and 7500 Euros: Pastiches politico-littéraires by David Spector (Wombat, 2022). Tim Gwynn Jones is an economic and political-risk analyst at Medley Advisors, who also writes the twenty4two newsletter on Substack. Learn more about your ad choices. Visit megaphone.fm/adchoices

McManus presents an intellectual history of the conservative and reactionary tradition, stretching from Aristotle and Filmer to Alexander Dugin and Patrick Deneen. Providing a comprehensive critical genealogy of the intellectual political right, McManus traces its core to a nostalgia for the hierarchical cosmos of antiquarian and scholastic thinking. The yearning for a shared vision of the universe where each part of reality has its place maps onto the conservative admiration for orderly political and social stratification. It stamps even the more moderate forms of liberal conservatism which emerged in the aftermath of the revolutionary 18th century, as the political right struggled to accept and later master first the politics of liberal capitalism and later universal suffrage. In its most radical forms this nostalgia for an orderly and hierarchical existence can harden into a resentment at the perceived shallowness of liberal modernity. McManus argues for those who support the project of modernity to commit themselves to better understanding the depth of the political right’s critiques, many of which expose uncomfortable but solvable problems with the quest for equality and freedom. While there are a lot of competing explanations for the contemporary rise of right-wing forces, Matt McManus’ new book suggests that it is hostility to equality that actually unites the right. Zeroing in on key intellectuals and writers, McManus, in a sharply written text, offers a compelling explanation for the disproportionate intensity of right-wing grievance politics Matthew McManus is a Lecturer in Political Science at the University of Michigan. He is a contributor to Jacobin and Quillette online magazines. Morteza Hajizadeh is a Ph.D. graduate in English from the University of Auckland in New Zealand. His research interests are Cultural Studies; Critical Theory; Environmental History; Medieval (Intellectual) History; Gothic Studies; 18th and 19th Century British Literature. YouTube channel. Learn more about your ad choices. Visit megaphone.fm/adchoices

Bookshop.org is an online book retailer that donates more than 80% of its profits to independent bookstores. Launched in 2020, Bookshop.org has already raised more than $27,000,000. In this interview, Andy Hunter, founder and CEO discusses his journey to creating one of the most revolutionary new organizations in the book world. Bookshop has found a way to retain the convenience of online book shopping while also supporting independent bookstores that are the backbones of many local communities.  Andy Hunter is CEO and Founder of Bookshop.org. He also co-created Literary Hub. Caleb Zakarin is the Assistant Editor of the New Books Network. Learn more about your ad choices. Visit megaphone.fm/adchoices

In A Vital Frontier: Water Insurgencies in Europe (Duke University Press, 2023)) Andrea Muehlebach examines the work of activists across Europe as they organize to preserve water as a commons and public good in the face of privatization. Traversing social, political, legal, and hydrological terrains, Muehlebach situates water as a political fault line at the frontiers of financialization, showing how the seemingly relentless expansion of capital into public utilities is being challenged by an equally relentless and often successful insurgence of political organizing. Drawing on ethnographic research, Muehlebach presents water protests as a vital politics that comprises popular referenda, barricades in the streets, huge demonstrations, the burning of utility bills, and legal disputes over transparency and contracts. As Muehlebach documents, Europe’s water activists articulate their own values of democracy and just price, raising far-reaching political questions about private versus common property and financing, liberal democracy, sovereignty, legality, and collective infrastructural responsibility in the face of financialization and commodification. Muehlebach shows that water-rights activists can successfully resist financial markets by exposing the commodification of water as the theft of life itself. Andrea Muehlebach is Professor of Maritime Anthropology and Cultures of Water at the University of Bremen. Learn more about your ad choices. Visit megaphone.fm/adchoices

It’s been over three years since the UK withdrew from the EU and no one – not even the most ardent Brexiter – thinks it has gone well so far. Defending the cause after yet another summertime setback, the best Matthew Lesh from the Institute of Economic Affairs could offer was: “Brexit simply means that British representatives can make … choices, not that they must point in any particular direction”. Ever since the British voted to leave the EU in 2016, millions of words have been written for and against the process but Peter Foster’s What Went Wrong With Brexit: And What We Can Do About (Canongate Books, 2023) is the first book to assess the deep economic scars left by Brexit and provide politically realistic palliatives. He writes: "There is little mileage in relitigating the history of Brexit - as the saying goes, 'we are where we are' - but that does not mean accepting that the UK has to remain in its current state of Brexit purgatory". Since 2020, Peter Foster has been the Financial Times's public policy editor and writer of its Britain After Brexit newsletter. Before that, he was a longtime reporter for The Telegraph - working in New Delhi, Beijing, Washington and as Europe Editor between 2015 and 2020. During this critical five-year period, he became – along with RTÉ’s Tony Connelly – the indispensable Brexit reporter, breaking stories, explaining this intricate and unprecedented divorce, and building huge Twitter followings. *The author's own book recommendations are The Light that Failed: A Reckoning by Ivan Krastev and Stephen Holmes (Allen Lane, 2019) and The Road by Cormac McCarthy (Picador, 2006). Tim Gwynn Jones is an economic and political-risk analyst at Medley Advisors, who also writes the twenty4two newsletter on Substack and hosts the In The Room podcast series. Learn more about your ad choices. Visit megaphone.fm/adchoices

In the wake of the Second World War, the victorious Allied armies implemented a radical program to purge Nazism from Germany and preserve peace in Europe. Between 1945 and 1949, twenty million political questionnaires, or Fragebögen, were distributed by American, British, French, and Soviet armies to anxious Germans in positions of influence who had to prove their non-Nazi status to gain employment. Drafted by idealistic university professors and social scientists, these surveys came to define much of the denazification experience and were immensely consequential to the material and emotional recovery of Germans. In Everyday Denazification in Postwar Germany: The Fragebogen Questionnaire and Political Screening During the Allied Occupation (Cambridge University Press, 2023), Mikkel Dack draws the curtain to reveal what denazification looked like on the ground and in practice and how the highly criticized vetting program impacted the lives of individual Germans and their families as they recovered from dictatorship and war. Accessing recently declassified documents, this book challenges traditional interpretations by recounting a more comprehensive history of denazification, one of mid-level planners, civil affairs soldiers, and regular German citizens. The Fragebogen functions as a window into this everyday history. Mikkel Dack is Assistant Professor of History at Rowan University and Director of Research at the Rowan Center for the Study of the Holocaust, Genocide, and Human Rights. Caleb Zakarin is the Assistant Editor of the New Books Network. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Treaty of Lausanne, signed in Switzerland in July 1923, officially settled the conflict between the Ottoman Empire and the Allied forces. Not only did the Treaty establish the borders of the modern Turkish republic, but it also defined boundaries, political systems, and understandings of citizenship in the newly formed post-Ottoman nation-states. In When Democracy Died: The Middle East's Enduring Peace of Lausanne (Cambridge UP, 2023), Hans-Lukas Kieser recounts how the eight dramatic months of the Lausanne Conference concluded more than ten years of war and genocide in the late Ottoman Empire. Crucially, the Treaty was in favour of a homogeneous Turkish state in Asia Minor and became the basis for the compulsory 'unmixing of people' that facilitated the persecution of minority groups, including Armenians, Kurds, and Arabs. Not only did this significant yet oft-overlooked treaty mark the end of the League of Nations' project of self-determination and security for small peoples, but it was crucial in shaping the modern Middle East, and dictatorships in Turkey and Europe. Hans-Lukas Kieser is also the author of Talaat Pasha: Father of Modern Turkey, Architect of Genocide (Princeton UP, 2018) Roberto Mazza is currently an independent scholar. He is the host of the Jerusalem Unplugged Podcast and to discuss and propose a book for interview can be reached at robbymazza@gmail.com. Twitter and IG: @robbyref Website: www.robertomazza.org Learn more about your ad choices. Visit megaphone.fm/adchoices

There was a time when French people put up picture of Marshal Philippe Petain on their walls. He is a figure of immeasurable stature to the country of France. Victor of Verdun, a one-time minister of war, and finally, a traitor to his country. Or was he? Did Petain allow the stain of collaboration to tarnish his reputation, or did he use his figure to guard the French people from worse Nazi atrocities during the Vichy era? The answer to those questions would divide France in the years following World War II. The trial of Petain, which took place during a humid July in 1945, would leave some venerating the figure of Petain while others looked upon him as betrayer of the French people. Professor Julian Jackson, is professor emeritus of history with Queen Mary University of London. His latest work is France on Trial: The Case of Marshal Pétain published by Harvard University Press in 2023, covers the political trial of Marshal Petain for treason. Dr. Jackson has authored an award-winning biography of Charles de Gaulle and other works on the history of modern France including his next work an exploration of the life of Andre Gide. Rick Northrop is an ex-journalist and undergraduate student in Calgary, Alberta Canada. He can be reached at rnorthrop2001@gmail.com Learn more about your ad choices. Visit megaphone.fm/adchoices