Stop the neo-liberal crisis politics - dispossess the beneficiaries!

1 post / 0 new

"We are experiencing the deepest crisis of capitalism since the great depression of the 30s – and the European governments continue to pour oil on the fires! From the very beginning, some governments have prevented a solidarity-based solution to the crisis in Europe and are significantly responsible for its exacerbation. This refers particularly to the German government, which, in August 2008, blocked a substantial economic stimulus package for Europe. Hardly had the recession reached its lowest point in Germany in 2009, when the German government preached the necessity for hard austerity policies. The “debt brake” was anchored in the constitution: politics disempowered itself, shaped by neo-liberal ideology. The austerity measures taken in various EU states affected above all wage-earners, pensioners, the unemployed and the self-employed, while the wealthy, the banks and the corporations were spared. In spring 2010 the German government blocked aid for Greece, causing a steep rise in the yields of Greek government bonds and thus an increase in national debt and making a solution of the crisis more difficult and expensive. The loan agreements with Greece and other countries in crisis and their ridiculous austerity demands only made the crisis worse. For example, the reduction in the Greek minimum wage does not contribute to an increase in “competitiveness”, as the country’s current account deficit is as much due to the mercantilistic policies of the core eurozone countries, as to the role of deregulated finance. Instead, the reduction of the minimum wage has destroyed the internal market further. This example makes clear that the current crisis politics redistributes wealth from wage-earners to those who possess the capital, regardless of the macro-economic and societal consequences. Greek salaries have already dropped by 20-30%, hundreds of thousands of people are losing their jobs, over 10,000 schools are closed, hospitals are running out of medication, children are starving. Similar developments are also looming in Portugal and in other European countries"

to read the new international call to Blockupy from attac academic advisors and others Published May 1, 2012, click on

http://www.stop-neoliberal-crises-politics.org/index.php?id=11288&L=2

demandside's picture
demandside
Joined:
Jul. 31, 2007 3:01 pm

Latest Headlines

One Iowa Caucus Delegate Comes Down To Coin Toss

The Iowa caucus convener flipped a coin. Bernie Sanders supporters called "heads" and it landed on tails.

Bernie Sanders leads Hillary Clinton by 31 points in N.H.: Poll

Sanders was at 61 percent support in the University of Massachusetts Lowell/7News poll, followed by Mrs. Clinton, at 30 percent

Martin O'Malley suspends presidential campaign after Iowa caucuses

The announcement came after O'Malley barely registered in Iowa against his better-known rivals Clinton and Sanders, failing to meet already low expectations

If You Want to Win, Go Progressive

The big question right now is whether to call Hillary Clinton a progressive, or a "moderate."

And then there's the question of who is more electable in a general election: an unabashedly progressive democrat, like Bernie Sanders; or a "centrist" democrat, like Hillary Clinton.

Powered by Drupal, an open source content management system