Monday, 7 November 2011

Euro Chaos and the Crisis of Capitalism

http://therealnews.com/t2/index.php?option=com_content&task=view&id=31&Itemid=74&jumival=7544

After witnessing the failed G20 Summit in Cannes and the barefaced way in which Merkel and Sarkozy bullied the Greek Prime Minister in submission,when he had the temerity to suggest that the Greek people might have the democratic wish to vote on a package which will saddle them with debt for decades to come - here is the economist Leo Panitch on the historical and economic significance of what is happening in  the Eurozone and in the EU.

Pannitch's views are sobering enough but are reinforced by a report that the Far Right is growing across Europe. Dangerous and challenging times for the Left and the progressive movement in Europe.

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