Final Invitation to the Socialist Network Annual Meeting 23-25 October in Athens, Greece

Network ConferenceThe Socialist Network Annual Meeting is just nine days away – it runs from Friday 23rd of October to Sunday 25th inclusive – and will be covering some of the key issues for the international left (see Agenda below).

This year the meeting is being held in Athens, Greece, which has seen such drama this year in the struggle against austerity being imposed by the European Union and the International Monetary Fund.

Kicking off the meeting will be a speech from renowned socialist economist, Michael Roberts, who will analyse the causes of the capitalist crisis we are still passing through, and open up a discussion on the alternatives.

Building on this, Jonathan Clyne will be introducing his new version of the Socialist Manifesto which points to the kind of society we need to replace capitalism with.

On the second day of the conference we will be hearing from our Editor Pat Byrne on the national and international significance of the momentous election of left-winger Jeremy Corbyn as the leader of the British Labour Party. We will also hear a report from the international Campaign for a Democratic Public Banking Service which The Socialist Network has played a big part in launching recently.

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Cyprus: New Law Opens Way for More Foreclosures

CollagePublished: 16 May 2015.
Author: Soteris Vlachos (Socialist Expression, Cyprus).

Having as their main argument the urgency to give to the banks “a tool…to collect large debts which would enable them to improve their balance sheets,” the right wing government of Greek Cyprus has passed through Parliament legislation that opens the way to mass evictions.

“All money lent has to be returned” said the leader of the main right wing party. But he was not applying this prescription to the banks by requesting repayment of the 10 billion euros taken from the bank accounts of thousands of people in the last ‘bail in’. Nor was he asking back the more than €5 billion through which the State has guaranteed bank liquidity. No, he was demanding return of money only from those of our compatriots that have been rendered economically broken and unemployed by the banking system.

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Cyprus: movement against property seizures becomes international

Published: 28 November 2014
Intro by: TSN Editor
Author: Soteris Vlachos from Socialist Expression in Cyprus

The Movement Against Foreclosures was established in October 2013 as a product of a suddenly deteriorating economic environment. In this environment an ever increasing number of people could not meet their monthly obligation to the banks, and the danger of mass evictions from their partly bought homes prevailed for the first time in the recent history of Cyprus.

The Crisis in Cyprus
The signs of a crisis were present in Cyprus even before the 2008 global financial collapse, but the 2013 haircut of the bank deposits created an unprecedented situation where unemployment increased by almost 300% in less than a year. As a result the number of families that cannot meet their monthly obligations increased dramatically.

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The Socialist Network – Bratislava Conference Report

Conference Report

Conference ReportThe Socialist Network last week concluded its 2014 Conference. The Conference was held from 3-5th of October in Bratislava, the capital of Slovakia in Eastern Europe. Participating in the conference were comrades from Slovakia, Germany, Sweden, Cyprus, Pakistan, Turkey, Britain and Ireland. Thanks to all who organised the conference and contributed to its proceedings. Below is a brief summary of the Conference by our Web Editor. Video and audio recordings and photos will be made available shortly.

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How do we deal with the World Economic Crisis?

Money going down the plugholeA speech by Soteris Vlachos from Socialist Expression in Cyprus, at the ‘Challenging the Rule of Troika, Transforming Europe’ Conference in Dublin on the 10th of March 2014.

Today is probably the time to revisit the concepts of World Revolution and formulate an International exit strategy from the crisis. Today, much more than in 1917, it is impossible to talk about a national socialist transformation, isolated from the rest of the world. Any radical break with capitalist policies will send revolutionary ripples across Europe and across the World with unprecedented speed. The rapid spread of the Arab Spring is the sort of model that we will be facing in the coming years.

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