Tag Archives: Austerity

Brazil’s Manufactured Coup: The ‘Shock Doctrine’ Returns To Latin America By
BRASILIA, Brazil — Harsh austerity. A 20-year public spending freeze. A non-elected government. A coup backed by the United States and corporate world. This is the new reality that Brazil has faced following the impeachment...
Former Reagan Secretary Paul Craig Roberts: Oligarchs Are True Purveyors Of Fake News By
ATHENS, Greece — The post-election climate in the United States has been nothing short of bizarre. Recount efforts in several states are being championed by Green Party candidate Jill Stein, accusations have repeatedly been made that the “Russian menace” influenced...
The Ongoing ‘Fake News’ Battle Obscures The Truth About Fake Democracies By
ATHENS, Greece — (Analysis) Voters in Britain cast their ballots in favor of a “Brexit.” In the United States, the electorate rejected the neoliberal corruption personified by Hillary Clinton. Even voters in Greece, in their own confused and muddled way, overwhelmingly...
Chomsky: Neo-Liberalism Drives Europe’s Far-Right, EU’s Demise By
In an interview Wednesday with RT, world-renowned linguist and dissident intellectual Noam Chomsky said that the inevitable impacts of neoliberal policies are driving the rise of Europe’s far-right and threatening the collapse of the European Union, something he said...
Economist Jack Rasmus: Eurozone Benefits The Strongest Economies At The Expense Of The Weakest By
ATHENS — This has been another eventful year in Greece. Almost one year after it turned its back on the July 2015 referendum result which rejected further austerity, the Syriza-led government has pushed forward a program of even harsher austerity, spending cuts, and...
Greece’s Neoliberal Wolves In Anti-Austerity Sheep’s Clothing By
ATHENS — (Analysis) In January of 2015, opponents of neoliberalism and the harsh policies of economic austerity rejoiced at the electoral victory of Syriza in the Greek parliamentary elections. Touted as the “first-time left,” the new Syriza-led government was...
In A Mess Of Corruption & Neoliberal Austerity, Syriza Sells Greece Out To The Highest Bidders By
ATHENS — (Analysis) Stories of human suffering continue to multiply in present-day Greece, which is loosely governed by the “first time left” government of Syriza and more directly by the European institutions and the International Monetary Fund. In the city of...
Despite Mass Protests, France Passes Maligned Labor Bill Without Debate By
As protesters marched through Paris on Tuesday, France’s lower house of Parliament rammed through a controversial labor proposal—which would give companies more power to fire workers and extend hours—without a vote. According to Agence France-Presse, the bill...
Beyond Racism & Xenophobia: Brexit Supporters Reject The EU’s Neoliberal, Anti-Democracy Empire By
ATHENS — (ANALYSIS) It was one year ago when “leftist” activists across Europe and around the world declared that the European Union had effectively staged a coup in Greece, blackmailing the Mediterranean country into accepting harsh austerity measures after it...
Wall Street Funds Battle By Proxy In Congress Over Puerto Rico Bailout By
Published in partnership with Shadowproof. Puerto Rico is roughly $70 billion in debt and will be forced to begin defaulting if a deal is not reached by Sunday. The battle over whether to bailout the US territory, and on what terms, is now playing out in the US Congress. Though...