Another Europe Is Possible

By Yanis Varoufakis, Greattransition.org -

I went into politics because of the financial crisis of 2008. Had financial capitalism not imploded, I would have happily continued my quite obscure academic work at some university. The chain [...]

Lebanon’s ‘October Revolution’ Must Go On!

By Rima Majed, Opendemocracy.net -

The ‘streets’ of Lebanon have exploded in massive protests since October 17th. Following months of austerity and dire economic conditions, a shortage of US dollars that caused a serious threat of [...]

Chileans Have Launched A General Strike Against Austerity

By Felipe Lagos-Rojas and Francisca Gomez-Baeza, Jacobinmag.com -

In Chile’s main cities, armed forces and tanks are filling the streets. But civilians are holding their ground, refusing to abandon public space. Official reports indicate eleven fatalities so [...]

Chile And Its Night Of Witches

By Paul Walder, Internationalist 360. -

Perhaps October 18 will be recorded as a moment of popular uprising. Or perhaps it will be followed by other moments of greater intensity. But without a doubt, from this day on, something changed [...]

Uprising Spreads In Chile—Military Occupations And Curfews

By Pauline Lipstein and Rico Gutstein, Chitown and Chile Blog. -

Today, October 19, the crisis in Chile escalated with rebellions breaking out in Concepción, Punto Arenas in the South, Valparaíso, and elsewhere. Despite the state of emergency and military [...]

Ecuadorians Protest Neo-liberal Austerity And Win

By Margaret Flowers and Kevin Zeese, Clearing the FOG. -

President Lenin Moreno restored neo-liberalism to Ecuador, accepting a $4.2 billion dollar loan from the US-dominated International Monetary Fund that required measures call 'structural [...]

Ecuador: Moreno’s Government Sacrifices The Poor To Satisfy The IMF

By Wilma Salgado, Council on Hemispheric Affairs. -

Ecuador’s President Lenin Moreno has been cutting government spending since signing an Extended Fund Facility (EFF) agreement with the International Monetary Fund (IMF) in February of this year. [...]

Drop The Term “Austerity” – It’s The Race To The Bottom

By Glen Ford, Blackagendareport.com -

Let’s get straight to the point. The striking General Motors workers are locked in an epochal struggle against the global corporate drive to reduce the entirety of the world’s working class to a [...]

Puerto Rico Revolts Against Corruption And Austerity

By José Hernandez, Marx21us.org -

As of this writing, the people of Puerto Rico have been protesting for seven days straight on the streets of San Juan, and in ever growing numbers. The fury unleashed by the scandals exposing the [...]

Budget Proposals Highlight Priorities Of Rich And Shameless

By William Rivers Pitt, Truthout. -

The Trump administration’s 2018 budget proposal was a genuine masterpiece of cruelty. “President Trump’s 2018 budget contains the largest dollar cuts to programs for low- and moderate-income [...]

How Ending Austerity Built Economic Growth In Portugal

By Gabrielle Pickard-Whitehead, Occupy.com. -

Since Britain voted to leave the E.U. in 2016, the country has witnessed an alarming spike in rightwing hate crime. Many are now warning that the “febrile” atmosphere escalating around Brexit as [...]

Unions Bring Argentina to a Standstill As Macri Meets Bankers

By Telesur. -

On Tuesday at midnight, Argentina’s General Confederation of Workers (CGT) began its 24-hour general strike against Mauricio Macri’s austerity policies. On Monday, the Argentine Workers’ Central [...]

The Evidence Is In, And Austerity Is Declared A Loser

By Jacob Sugarman, Truthdig.com -

In 2014, Portugal stood on the brink. Its economy had collapsed amid Europe’s debt crisis, and unemployment had doubled. As part of a bailout program with the International Monetary Fund, which [...]

Greece At A Stand Still As Thousands Strike Against Austerity

By Patrick Strickland, Aljazeera.com -

Athens, Greece - Flags and banners fluttered above a steady stream of protesters, who chanted anti-austerity slogans as they marched through the streets of the Greek capital. On Wednesday, [...]