Ukraine ? Who to Support?

Ukrainian military watch a ukrainian jet take offby Mick Brooks, 11th August 2014
The essential background to the crisis in Ukraine is the deep impoverishment of the population caused by the restoration of capitalism. Ever since then politics have been dominated by oligarchic cliques of capitalists who stole the publicly owned means of production. Capitalism has also been restored in Russia and Putin (an oligarch) is its representative. Why should socialists support one gang of capitalists against another?

Read more

STANISLAWSKI: The current situation in Greece reveals the political plight of the international left

greece

A few days ago another political documentary about Greece struck the internet. All social forums are on fire again. Another wave of cheap excitement and pathetic lamentation is reaching its peak.

The title of the movie is ?Greece on the brink? and it has been produced by people I know from my past political activity. But, in fact, it does not matter. All movies regarding Greece I had seen before I came across that one are just the same. Bombastic, catastrophic atmosphere borrowed from cheap horror scenarios and a few dramatic monologues (background voice and interviews). And this is it. So far, I learned nothing new: the situation is tragic, Greece is (or is approaching it) a Third-World economy, the population drowns in poverty, the international financial elite exploits the poor people, not a single cent of the gigantic borrowings stays in the real Greek economy — everything is being immediately transferred to German, French and American banks as paybacks, the rate of suicides is growing, the social services are being completely dismantled, rampant privatization of everything you can imagine is going on… I know.

Read more

Faster growth in 2014?

329

So here we are starting 2014 and heading towards seven full years since the global credit crunch began in summer 2007 and into the fifth year since the summer of 2009 when the Great Recession reached its trough and the global economic recovery began. What I said more or less at this time last year was:

In 2013, economic growth in the major economies is likely to be much the same as in 2012 ? pretty weak and below long-term averages. But 2013 is not likely to see a return of a big slump in capitalism. I do not expect the US to grow faster than in 2012 and Europe and Japan will struggle to grow at all. The key emerging economies may do a little better than in 2012, as China?s state-directed economy under new leaders invests more. But on the whole, it will be another poor year.

And so it has turned out more or less, even with the US economy. US average annual real GDP growth (including the Great Recession and an estimate for 2013) has been just 0.9% compared to 2.4% in the years before 2007 and way below the average real growth of the 1980s and 1990s.

Read more

“The police behave like nazis” and other shocking facts from Greece

SYRIZA's logo (source: WikiMedia)

As the Greek governing coalition grows ever more unpopular, SYRIZA, the radical alternative, is poised to win any coming election. But does it have the programme and leadership to solve the crisis in favour of working people? Here ILIAS MILONAS, a member of the Party’s Central Committee and its left-wing faction Left Platform, questions the road down which SYRIZA’s leadership is trying to take the party. And raises warnings about the rising threat of the neo-fascist right.

Where does Syriza currently stand in public opinion?

SYRIZA has stabilized at around 30% in public opinion polls, after their 27% share in the last elections. The Greek people do not have an absolute trust in SYRIZA but they are suffering a lot from the hard measures of the government and the Troika (the European Commission, the International Monetary Fund and the European Central Bank ? editor) and in the reality, they have no other political alternative. This support for SYRIZA should be better but the masses have not the enthusiasm of previous years and no trust in politics generally. Also, the political attitude of the SYRIZA leadership lately doesn?t help very much. Their public speeches have lost the radicalization of the period before the elections as they try to promote a more ?realistic? program.

Read more

Which road for Greece? (part 1)

SYRIZA-logoPublished: 13 Feb 2013
Author: Pat Byrne

In many EU countries, the economic debt crisis and the austerity measures introduced by the main parties have provoked large scale strikes, mass street protests and significant shifts in electoral support. In particular, the tendency of the social democratic parties to go along with the shifting of the debts of the banks on to working people has opened up a vacuum to the left. Thus we have seen rising support for the Left Bloc of Portugal, the Front Gauche of France and most dramatically for the Coalition of the Radical Left in Greece, more commonly known by its initials SYRIZA.

The following is a two-part examination of this Greek phenomenon and its potential. Part 1 examines how the crisis has helped the rise of SYRIZA. Part Two looks more closely at SYRIZA?s programme and organisation and discusses what measures are needed to overcome the crisis in Greece in favour of working people.

Read more

What future for Greece and Cyprus?

cyprus_euro_2012

The Euro was bound to be a disaster for the weaker economies of the Eurozone. Without the ability to control their own fiscal policies these economies were catastrophically exposed to the vagaries of the world economic situation. As long as the going was good heavy borrowing could sustain their economies and provide a reasonable growth rate. This in turn provided near-full employment and a rising standard of living for the general population.

Read more

Translate »