Key Learning: Reading Practice Online

Reading Suggestion-1
Article Name: Standing Up for Europe
Author Name: George Soros
Source: The Guardian
Category: World Economy

Summary for this article:

In this article, the writer says how Europe is in existential danger and hence
saving the EU must take precedence.This existential danger that EU faces us partly
external and also internal. He goes on to say how the eurozone had become the exact
opposite of what it was originally intended for.
If the EU continues to function the same way as presently, then there is little
hope for improvement. The Union needs to be radically reinvented. Europe needs a
collaborative effort that combines both the top-down and the bottom up approach.
The EU should approach the Brexit negotiations in a constructive spirit to avoid
the diversion of its attention from reinventing itself.EU should make itself
attractive again to welcome the younger generation by giving them hopes for a
better future.
The author concludes by saying that though the path is perilous, yet he can clearly
see in such struggles the prospect of the EU�s revival

Words to learn from this article:

Existential: Relating to existence
Nefarious:Someone�s actions are known to be nefarious if they are evil

Reading Suggestion-1: Click to read full article

Reading Suggestion-2
Article Name: The myths about money that British voters should reject
Author Name: Ha-Joon Chang
Source: The Guardian
Category: Economy

Summary for this article:

In this article, the writer says how the British economy is held back because of
few myths and the necessity of rejecting them all to initiate productive debates.
He talks about the four myths about the British economy.
The first is that there is an inherent virtue in balancing the books. The
conservatives favour the idea of eliminating the budget deficit, however in today�s
UK economy, some deficit may be good � necessary, even.
The second myth is that the UK welfare state is especially large.The conservatives
believe that the UK welfare state is large and needs to be cut and the Labour party
partly buying into this idea. The reality is that the UK welfare state is not large
at all.
The third myth is that welfare spending is consumption. with the conservatives
saying that cuts in things such as disability benefit, unemployment benefit, child
care and free school meals has to be accepted simply because it cannot be afforded.
The labour party implicitly supporting this myth.
However, a lot of welfare spending is investment that pays back more than it costs.
The last myth is that tax is a burden, which therefore by definition needs to be
minimised. The question here, the writer says should be whether the government is
providing services of satisfactory quality, given the tax receipts, not what the
level of tax is.
The author concludes by saying that the Britishers have to do away with these myths
about tax and spending in order to completely move on from the bankrupt neoliberal
consensus.

Words to learn from this article:

Neoliberal: Favouring free-market capitalism
Fiscal: Felating to government treasury

Reading Suggestion-2: Click to read full article

Reading Suggestion-3
Article Name: Knowing the Score by David Papineau review � sport meets philosophy
Author Name: William Skidelsky
Source: The Guardian
Category: Sports and Leisure

Summary for this article:

This article is a book review of Knowing the score by David Papineau who is an
eminent philosopher and a passionate lover of sport.

Reading Suggestion-3: Click to read full article