2011 witnessed the implementation of some of the most comprehensive undemocratic structural changes in the EU since the Lisbon Treaty. Alternative proposals for a progressive exit from the euro crisis are laid out here.
The real news in Greece is not about riots, but of a growing number of people who have broken away from fear and decided to fight back against the austerity imposed by the 'Troika' of the European Commission, the European Central Bank and the IMF.
Spanish collective Xnet that helped arrest the former Managing Director of the IMF came to Amsterdam to share their skills, tools and strategies with social movements, civil society organisations from all over Europe.
Keynes, convinced of the power of ideas over that of “vested interests”, famously held that “Madmen in authority, who hear voices in the air, are distilling their frenzy from some academic scribbler of a few years back.” Now there’s little doubt that the social life of ideas helps explain the astonishing persistence of ‘Thatcherism’.
The Celtic Tiger might just find its strength and appetite for action in the growth of left leaning electorates and local citizens initiatives. The tailspin of economy caused by austerity policies should be countered by a transparent debt audit.
The Greek crisis has exposed the fundamental flaws in the Euro project: it stripped countries control over the price of money and allowed political elites to undermine Europe's post-war social contract.
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.
On 4 October, Portuguese and international news outlets reported a win for the right-wing coalition as a victory for austerity policies. But the latest news shows that a left-wing coalition government may yet emerge, reflecting growing popular anger and resistance to unemployment, poverty and corruption.