Eye of the Beholder

April 23, 2012

Filed under: Uncategorized — Tamer Mowafy @ 9:05 pm

Class war and Imperialism in Greece

by Shawn Hattingh (ZACF)

As the crisis in Europe has intensified, class war and imperialism have deepened in Greece. Indeed, the Greek working class has been subjected to further attacks from the local ruling class – comprised of capitalists and high ranking state officials – and imperialist powers. In order to receive the latest ‘bailout’ from the International Monetary Fund (IMF) and European Central Bank (ECB), a bailout that goes straight to the banks that own most of the Greek state’s debt, the Greek state was told by the German, French and US ruling classes to once again reduce pensions by more than 15%, to fully privatise public utilities, to yet again cut social spending, and to implement more wage cuts, including a 22% reduction in the minimum wage. By 2014 it is planned that the Greek state would have cut spending, mostly on social services, by a further 12…

View original post 2,892 more words

Advertisements

Leave a Comment »

No comments yet.

RSS feed for comments on this post. TrackBack URI

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Blog at WordPress.com.

%d bloggers like this: