French and Greek voters seek a way out of austerity – Adam Ford

The financial markets went into a petulant sulk today (may 15th. red.), in response to the election results in France – where incumbent Nicolas Sarkozy was defeated by his ‘centre-left’ challenger – and in Greece, where two thirds of the …

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Crisis Mirror speech for the Anti-Fascist 1st of May, Copenhagen

Comrades!

We come here today representing the group, Crisis Mirror. We come from everywhere between Athens, Lisbon, Madrid, Paris and Copenhagen. We experience and observe all the shit that is going on right now and has been going on for …

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Scenarios for Recovery:How to Write Down the Debts and Restructure the Financial System

 The Choice Before Us: Suffer debt deflation, or write down the debts

The world faces a choice between trying to recover the Bubble Economy’s debt-leveraged gains, or realizing that the financial sector has careened along an unsustainable path since …

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A Short History of Neoliberalism (And How We Can Fix It)

Where did neoliberalism come from? In the following paragraphs I offer a simple sketch of the historical trajectory that got us to where we are today.  I demonstrate that neoliberal policy is directly responsible for declining economic growth and rapidly …

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New text by TPTG: "Burdened With Debt Reloaded: The Politics of Devaluation"

In Greece, the initial austerity measures developed into a full blown shock policy of devaluation of capital, which has deepened the recession and increased public debt. A main ingredient of the politics of devaluation of capital is the depreciation of …

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What does it mean to live? Crisis of capitalism

 

What does it mean to live? The crisis of capitalism. A discussion with Alain Badiou, Savvas Michael, Dimitris Vergetis, Giorgos Veltsos. A documentary produced for the Greek public television, where intellectuals analyse the capitalist “spirit of the times'” and …

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John Holloway – Cracks in Capitalism

http://www.youtube.com/watch?v=eE1xU-3ksOM

Crack Capitalism, argues that radical change can only come about through the creation, expansion and multiplication of ‘cracks’ in the capitalist system. These cracks are ordinary moments or spaces of rebellion in which we assert a different type …

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Greece shows us how to protest against a failed system, by John Holloway

http://www.guardian.co.uk/commentisfree/2012/feb/17/greece-protest-failed-system

The rage displayed in Greek cities against austerity measures inspires all who are suffering for the benefit of banks and the rich

I do not like violence. I do not think that very much is gained by burning banks …

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