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The Bad, the Bad and the Ugly: IMF Solutions to the Debt Crisis

Category: Europe Published Date Written by Luca Lombardi

The world economic crisis has led to such a deterioration of the health of public finances worldwide that the recent World Economic Outlook (WEO) of the IMF has the apt title “Coping with High Debt and Sluggish Growth”. One chapter of the WEO is specifically dedicated to analysing examples from the past to see if there are lessons for today¹. The results are quite interesting.

Last Updated on Thursday, 18 October 2012 18:22

Spain: Unprecedented protests against austerity cuts as the crisis deepens

Category: Europe Published Date Written by Jorge Martin

The events in Spain and of course Greece are a sharp reminder of the real state of European Capitalism, this will affect Ireland also.

Last Updated on Monday, 23 July 2012 21:15

The crisis of European capitalism – Part Two

Category: Europe Published Date Written by In Defence of Marxism Editorial Board

The prospect of a Syriza government caused a wave of panic in the bourgeoisie of Greece and internationally. They organized a massive campaign to drive people away from Syriza, warning of economic catastrophe if they came to power.

Last Updated on Friday, 13 July 2012 18:29

Support the Marxists of SYRIZA!

Category: Europe Published Date Written by In Defence of Marxism

With the June 17 elections, Greece has entered into a new period. Austerity programmes have left the Greek economy in tatters and the working class have faced an onslaught of unprecedented proportions. The deepening of the capitalist crisis in Greece poses the need for socialism more clearly than ever before. The Greek Marxists have carried out a determined struggle for Marxism and a socialist programme, but they need your help.

Last Updated on Friday, 13 July 2012 18:52

More repression in Madrid - spontaneous walk outs against cuts

Category: Europe Published Date Written by In Defence of Marxism 12th July

After the repression against the main demonstration in support of the miners' struggle, there were more brutal police charges against another solidarity demonstration in the evening.

Last Updated on Thursday, 12 July 2012 22:22