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Pick of the day – August 31th

A capitalist-critical artist, our second Alpbach Debate and a Special Lecture with Evgeny Morozov.

15:30-16:00 | Heiss-Saal | Meet the artist: Christin Lahr

Christin Lahr will open the Financial Market Symposium before taking questions from the audience. Since 31 May 2009 she has been transferring one euro cent each day to the German Ministry of Finance in Berlin. In each payment reference field she writes 140 characters from “Das Kapital”. By around 2052 she will have transferred 157 euros and the first volume of Karl Marx’s magnum opus.

One cent per day to the Ministry of Finance. Credit: APA/Hochmuth.

The donations have not been welcomed by the German treasury, because the minimal daily payment means additional administrative workload for the civil servants. Lahr’s gifts are meant, however, not as a time-wasting hoax but as part of a well-founded critique.

In line with the Alpbach theme of “Conflict & Cooperation”, Lahr sees herself as a “David”, using the “Goliath’s” own greater powers against it. The initiative relies on the fact that bank accounts are open to all – even that of the German Federal Ministry of Finance.

Christin Lahr

16:00-17:30 | Elisabeth-Herz-Kremenak-Saal | The Alpbach Debate: the future of the Euro

Tycho Onnasch. Credit: Oxford Union

For the second time since Tuesday we will debate using the Oxford Union format. This time the question will be whether a European fiscal union would benefit the Euro.

The debate will be chaired by 21-year-old Tycho Onnasch from the Netherlands. The Oxford history and politics graduate is a believer in passionate debating. “When opposing opinions clash, arguments become clearly visible and new ideas emerge. In Europe we would benefit from more of this culture,” says Onnasch.

At the Alpbach debate on Thursday afternoon the public will once more decide which side was the more persuasive. Onnasch says the audience will also have the opportunity to make brief contributions.

Grégory Claeys, Wilhelm Hemetsberger, Filippo Taddei, Andreas Treichl, Tycho Onnasch (Chair)

Evgeny Morozov. Credit: ORF/Thomas Jantzen

21:30-22:30 | Elisabeth-Herz-Kremenak-Saal | Special Lecture: Evgeny Morozov

Last in Alpbach eleven years ago as a scholarship holder, Evgeny Morozov returns as one of the world’s most well-known critics of silicon-valley-capitalism. “Guardian”-columnist and author Morozov will talk about how Europe can regain its technological sovereignty. “The share economy is like neo-liberalism on steroids,” Morozov once commented to German news magazine “Der Spiegel”.

Evgeny Morozov