The author looks at recent events in the periphery of Europe and sees it as a neoliberal laboratory for the transformation of European social democracy into a neoliberal economic and political region.
European social democratic governments were established following WWII to counter the widespread radical ideas of militant labor groups. Such governments and the machinations of counter-revolutionary Gladio type projects did stabilize and secure Europe for capitalist domination and integration into NATO and the Empire. Now we are seeing the dismantling of these structures which have begun most aggressively in the periphery of Europe (Greece, Ireland, Portugal, etc.) and their replacement by the construction of neoliberal forms of economic and political rule. The author also looks at the implications for contesting this neoliberal project by revolutionary groups.
There are a few typographic errors in the text, for example:
the transformation of political choices in technical imperatives crystallized in law;should read: "the transformation of political choices into technical imperatives crystallized in law;"
and a society that exists trough and for the market,should read: "and a society that exists through and for the market,"