Surviving Capitalism (Not) : Europe's elite seek to destroy Greek economy

We’ve lived so long under the spell of hierarchy—from god-kings to feudal lords to party bosses—that only recently have we awakened to see not only that “regular” citizens have the capacity for self-governance, but that without their engagement our huge global crises cannot be addressed. The changes needed for human society simply to survive, let alone thrive, are so profound that the only way we will move toward them is if we ourselves, regular citizens, feel meaningful ownership of solutions through direct engagement. Our problems are too big, interrelated, and pervasive to yield to directives from on high.
—Frances Moore Lappé, excerpt from Time for Progressives to Grow Up

Monday, April 13, 2015

Europe's elite seek to destroy Greek economy

Click here to access article by Mike Weisbrot from Green Left Weekly (Australia).

Weisbrot brings us up-to-date regarding the challenge that Greece and the Syriza party pose for European capitalist elites. Thing are rapidly coming to a head as indicated in this paragraph:

According to conditions in the February 20 agreement, the Greek government would present a list of reforms that it would undertake, which it did, and which European officials approved. Remaining issues were to be negotiated by April 20, so that the final instalment of IMF money — some €7.2 billion — could be released.

Meanwhile Weisbrot reports on all the economic weapons that the European Central Bank has been using to intimidate the Syriza administration to force it to capitulate to the banks demands.