The begins his essay with the news about stress tests being applied to European banks, and strangely, or not, all the European banks like their counterparts in the US passed the test. However, some of the banks in the periphery did not pass by much.
With the rapidly growing anti-austerity party of the left, Syriza, the European ruling capitalist class are facing a major challenge to their policies. Read the article to see how a capitalist class deals with opposition within countries being governed with capitalist versions of "democracy".