Following Syriza's victory in the Greek elections far wider forces than socialists are supporting the new Greek government's calls for renegotiation of Greece's debt - for example the Jubilee Debt Campaign. Before the election letters to the Financial Times and Guardian by leading economists supported this. The following article analysing the the situation after Syriza's victory appeared on Socialist Economic Bulletin by socialist economists Michael Burke and John Ross.
By Tom O’Donnell
In stagnant waters all sorts of virulent organisms can grow. As Britain’s economy continues to stagnate racism is spreading and becoming more poisonous.
Cameron now says that the British economy is likely to deteriorate once more, prolonging the crisis, but none of the mainstream political parties offers any policy which would resolve it. The economic stagnation will continue and so too will the unrelenting racist propaganda campaign.
Thousand of students are expected to join the demonstration on Wednesday 19 November.
The Free Education protest is organised by a coalition, including: the Student Assembly Against Austerity, the National Campaign Against Fees and Cuts and the Young Greens.
The demo's Facebook event is here and it can be followed on twitter via the hashtags #Nov19 and #FreeEducation.
By Bob Clarke
The political impact of the economic crisis in Europe has entered a new phase. When the economy was contracting virtually all parties implementing austerity policies were thrown out of office or at least experienced a large drop in their support. In the more recent period of economic stagnation, the same economic policies have the effect of shifting the burden of the crisis onto workers and the poor while capital benefits, boosting the incomes of the very rich and allied layers.
By Nicky Dempsey
Labour’s recent National Policy Forum was a missed opportunity on economic policy, one with potentially grave consequences. There was no attempt to address the economic crisis that Labour will inherit in 2015. As a result, the Labour leadership has also made it harder to win an overall majority next May, even when the Tories are flat-lining close to 30 per cent in the polls shows they cannot possibly win.
This Thursday (10 July) the government is facing the largest public sector strike since 2010.
Pay freezes and below-inflation pay rises have reduced public sector workers' pay by 20% since the coalition came to power in 2010, public sector pensions have been attacked and public services have been slashed across the country. So members of the NUT, Unite, GMB, Unison, FBU and PCS will be striking and taking part in demonstrations and rallies. (Details can be found here and here)
The June 21st national demonstration called by the People's Assembly Against Austerity (PAAA) was a major success. Bringing together 50,000 activists, campaigners and trade unionists in a broad coalition, under the theme of No More Austerity, represents a show of strength for a campaign only established a year ago.
People's Assembly Against Austerity
No More Austerity National Demonstration
Just a few days left to mobilise for this Saturday's national demonstration.
National Demonstration and Free Festival
BBC HQ, Portland Place, LondonTube: Oxford Circus
Last week’s local and European elections, alongside opinion polls, suggest Labour should win next year’s General Election, but only if the decline in its support since late 2012 is halted at this point.
Europe is increasingly polarised. The decisive issues in the latest European elections were austerity and racism, with parties implementing austerity continuing to lose votes.
Countdown toEnd of Cameron's political career
DAYS TO GO
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Fight austerity and racist scapegoating
Previous publications (PDF):
Revolution and Counter-revolution in the Middle East, pamphlet
Unite to fight the Tory attacks, leaflet
Investment not cuts, leaflet
Drop cuts not bombs, leaflet