European political leaders and the institutions of the European Union have reacted to the Euro crisis by creating conditional debt packages, in cooperation with the IMF (International Monetary Fund). Such “aid packages” typically prescribe severe austerity measures, similar to the structural adjustment programmes applied to many troubled developing countries, especially since the 1980s. The results have rarely been a success. 2
It is clear that voices all across Europe and beyond, and from all across the political spectrum, are opposed to this treaty. Many are urging the Irish people to reject it and, if given the chance, would be campaigning for its rejection by referendum in their own countries.
The Davos class run our major institutions, know exactly what they want, and are well organized, but they have weaknesses too. For they are wedded to an ideology that isn't working and they have virtually no ideas nor imagination to resolve this.
The Transnational Institute (TNI), in cooperation with the Municipal Services Project (MSP) and the Latin American Programme for Distance Education in Social Sciences (PLED) is offering a free web-based course on Alternatives to Privatisation: Non-Commercial Public Services Options in the Global South. The course will begin on 8 October 2012 and will comprise a series of eight weekly sessions.