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New Socialist Government Keeps Portuguese People Under The Whip
New Socialist Government Keeps Portuguese People Under The Whip Portuguese Revolution Falls Far Short The austerity imposed on the Portuguese people by the One Percent has resulted in the election of a coalition government of socialists, communists, and a “left bloc.” In the 20th century, socialism and the fear of communism humanized Europe, but beginning […]
“Social Explosion” Begins In Greece As Massive Street Protests Bring Economy To A Fresh Halt
“Social Explosion” Begins In Greece As Massive Street Protests Bring Economy To A Fresh Halt One thing that became abundantly clear after Alexis Tsipras sold out the Greek referendum “no” back in the summer after a weekend of “mental waterboarding” in Brussels was that the public’s perception of the once “revolutionary” leader would never be […]
Anti-austerity bloc brings down Portugal’s government
Anti-austerity bloc brings down Portugal’s government Left parties vote at the end of a debate on government programs at the parliament in Lisbon, Portugal November 10, 2015 © Rafael Marchante / Reuters Portugal’s pro-austerity government has been forced to resign by a leftist anti-austerity block, despite being sworn in only two weeks ago. Proposals to […]
Hope, Power, and Delusion
Hope, Power, and Delusion Jeremy Corbyn has won the race for leadership of the Labour party. But Greek and Spanish activists advise against placing too much faith in political parties. Jeremy Corbyn has won the race for leadership of the Labour party, and the anti-austerity movement of the UK rejoices: “Finally we will see change”. […]
Debt As Wealth; The Caution of Unfit Past Experience
Debt As Wealth; The Caution of Unfit Past Experience With the G-20 recoiling itself back into the same kinds of mistakes made in the 1960’s, leading directly to the Great Inflation, we will have to take into account the other end of that, namely other forms of “stimulus.” With the global economy sinking, and worries about […]
Huge Madrid march in support of anti-austerity party Tens of thousands take to the streets of Spanish capital in support of Podemos. Tens of thousands of people have marched in Madrid in support for anti-austerity party Podemos, whose surging popularity and policies have drawn comparisons with Greece’s new Syriza rulers. On Saturday, protesters chanted “Yes […]
Can Syriza renegotiate Greece’s multi-billion bailout?
Can Syriza renegotiate Greece’s multi-billion bailout? Left-wing protest party facing up to the political reality of governing Europe’s most indebted nation. The Greek left-wing party Syriza gets down to work, after storming to power on an anti-austerity ticket. From protest party to ambitious political newcomers, Syriza is facing up to the political reality of governing […]
Anti-austerity Syriza sweeps Greece parliamentary poll
Anti-austerity Syriza sweeps Greece parliamentary poll Party’s leader Alexis Tsipras, who wants to renegotiate EU and IMF bailout terms, set to become next prime minister. Syriza, a radical left party, has swept to power in Greece promising to end years of painful austerity policies, in an election victory that puts the country on a collision course […]
