credit crisis

The stalemate of two economic models - Robert Kurz

In this 2012 article, Robert Kurz discusses the crisis management strategies implemented by the US and Europe, their seemingly paradoxical reversal of roles (neoliberal policies vs. welfare state) and the ineluctable fate they will ultimately share: “Whoever wants to save the financial system has to eliminate demand, and whoever wants to save demand has to ruin the financial system”.

The voiceless’s last scream: a suicide a day among the unemployed in Italy

In the last few years many suicides in Italy have been strongly linked to the economic crisis and unemployment. 357 people killed themselves in 2009, compared to the 260 of the previous year: a 37.3% growth. 76% of those people had lost their jobs or couldn’t find one due to the crisis, with a smaller percentage of younger people who were looking for their first job.

Poland: Bread instead of games!

In June and July 2012, Poland is going to host Euro2012, the European Football Championship. Coalition of Polish feminist, anarchist and worker activists is mobilising for a protest on 10th of June in Poznan, West Poland, where the first football match will take place.

Why can’t anybody say ‘depression’?

Image from The Guardian, interactive version here:

This is a short blog inspired by the news that the UK is officially in ‘double-dip’ recession (as predicted by pretty much everyone on the left).

'Stop Vládě' - Union demo in Prague

Over 80,000 people marched and rallied in Prague today in a union-organised demonstration against the government and its austerity program. It took place under the banner of "stop vládě" - "stop the government".

Burdened with debt reloaded: The politics of devaluation - TPTG

Clashes in Syntagma Square on February 12, 2012 in Athens

Greek communists TPTG take another detailed look at the impact of austerity measures in the country, the devaluation of capital and the attack on the power of the working class.

In the region of Šluknov, Czech Republic, 2011: analysis of protests “against the socially excluded” from a class perspective

KPK argue that protests against the "socially excluded" Roma which took place in North Bohemia in 2011 were an expression of the weakness of the working class and stood in the way of the defense of its living needs.

The time of crisis

Joshua Clover discusses spatial and temporal strategies of attacking capitalism, and discusses the possibility of organised, militant debt default as a revolutionary tactic to complement workers' struggles. Originally posted at Occupy Everything.

Rob the rich!

A call to arms to the working class from Jason Brannigan in The Leveller as the crisis bites and the rich continue to rob us blind.

Spanish workers protest against labour reforms

Over a million Spanish workers take to the streets across the country in protest against the governments labour reforms that enable bosses to unilaterally cut wages if they want, whenever they want. The government claims that by giving bosses the power to treat people like shit it will reduce Spain's unemployment rate of 23%, which is the highest in the developed world.