Category: SOCIAL DEMOCRACY

Greece’s Colossal Cave In

ROBERT HUNZIKER—In order to receive Troika’s financial bailout, Greece has undergone a massive transfer of public assets, all the best stuff, to privatization interests, part of the hardcore hypothesis behind neoliberalism, e.g., (1) 14 major regional airports sold to Germany’s Fraport, (2) the Port of Piraeus, one of the largest ports in Europe sold to China’s Cosco, (3) the Port of Thessaloniki, which is Greece’s second largest city, sold to a German consortium, and (4) privatization funds created, under Germany’s direction, for water utility transfers to private hands, prompting the president of the Greece water company trade union to forewarn that the for-profit model often times raises prices for consumers and sometimes service degrades.

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McCarthyism in Europe Today 

AIDAN O’BRIEN—NATO’s wars of aggression which are contemporaneous with the Eurozone crisis – and which may explain a large part of that crisis – are absent from Varoufakis’s account of European reality. But what does Varoufakis

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