Is A European Spring Coming?
In the wake of the victory of the progressive party Syriza at the Greek general election on January 25, 2015, some have started talking about the coming of a European Spring, a democratic uprising against the political status quo in Europe.
This status quo has imposed brutal austerity policies on countries like Greece, Cyprus, Spain, Italy, Portugal and Ireland. These policies have protected and advanced the interests of banks, and more generally, of those holding large financial assets. They have protected and advanced the interests of large corporations. They have generated unbelievably high unemployment rates, a huge squeeze on workers' wages and an astonishing number of bankruptcies among small businesses. They have resulted in dramatic cuts to social security and public health systems.
These are economic issues, but they are also moral issues. Robbing a whole generation of European youth of the possibility of finding a decent job is stripping them of their hopes and dignity.