'The streets of Athens erupted with some of the worst rioting and political violence seen in the country in years’. ‘Rioting Greeks torched buildings and looted dozens of shops as they battled police in central Athens to protest harsh austerity measures’. These were some of the headlines of the global corporate media about last Sunday’s demonstrations in Greece, often accompanied by photos of... Read more

I have no quarrel with finding the private financial system and its public enforcers culpable in subjecting Greece to the now standard neoliberal straight jacket of fiscal austerity. Nor do I quarrel with the fact that the wealthy in Greece avoid taxes without shame or threat of discovery. Joining them in avoiding their share of the burden of austerity are, of course, Greece’s bondholders,... Read more