Greece: going under | by Michael Roberts

The Greek prime minister George Papandreou’s call for a referendum on the bailout package agreed with the EU leaders and the IMF sounds like a move towards democracy.  The Greek people are apparently going to be asked whether they want to accept or reject massive cuts...
G20 : the Symbol of a System Failure | by Eric Toussaint

G20 : the Symbol of a System Failure | by Eric Toussaint

The G20 is no more legitimate than its progenitor the G7 (Canada, France, Germany, Italy, Japan, UK and USA). It was launched by the industrialized countries three years ago when they were beginning to feel the effects of the biggest economic crisis since the 1930’s....
Where Did the Left Go? | by Serge Halimi

Where Did the Left Go? | by Serge Halimi

The Occupy Wall Street protests in the US are also directed against the Street’s representatives in the Democratic Party and the White House. The protesters probably don’t know that Socialists in France still consider Barack Obama exemplary, since, unlike President...