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What's New: The alternative to economic fatalism
by Michal Rozworski | July 16, 2015
The Bank of Canada cut its benchmark interest rate to nearly record lows, now just 0.5 per cent. In the face of an oil shock and other weakness, monetary policy is expected to do the heavy lifting of beating an economic funk. Today's move reflects a poverty of economic policy from the ruling Conservatives and much of the political class.
Bullet #1144: Understanding the Defeat Means Preparing a Victory
by Blockupy Goes Athens | July 16, 2015
Nine provisional considerations after both the popular Oxi and Syriza's Yes to the Memorandum. This is being written after the vote in the Greek parliament and before the final decision of the Eurogroup (12 July). At the moment, everything is open, and we are certain of only a couple of things. Almost everything can change, but some things will remain true.
What's New: Decoding the IMF: Greek deal doomed, exit likely
by Paul Mason | July 15, 2015
It's easy to get drawn in to the detail. I spent some of yesterday in the hot corridors of the Greek parliament where the various factions and groupings within Syriza, the radical left party, were working out their postures on today's vote. No to the rescue deal, says the left. Abstain, say others.
What's New: SYRIZA leaders against the coup
| July 15, 2015
In a statement issued on Wednesday, July 15, 109 of the 201 members of the Central Committee of SYRIZA took a position against the Greek government and the European creditors, calling it "a new Memorandum, with onerous and humiliating terms." The statement came as Prime Minister Alexis Tsipras was pressuring parliament to meet the ultimatum of the European authorities.
| July 15, 2015
Hundreds of protesters gather in Athens on Wednesday to demonstrate against the latest bailout proposal, as civil servants announce a 24-hour strike. The new bailout agreement is conditional on the Greek government passing a number of reform laws.
Bullet #1143: The Denouement
by Leo Panitch | July 15, 2015
For many decades, the view was widespread on the left that there was a distinct European variety of capitalism which could be positively contrasted with the Anglo-American more 'free market' variety. The labour movements of northern Europe were usually seen as being the decisive force behind greater state economic involvement, more capitalist cooperation with unions, and more egalitarian social welfare and labour market regimes.
Bullet #1142: Lessons From A Defeat In Europe
by Martin Hart-Landsberg | July 14, 2015
The Troika are celebrating the end of negotiations with Greece, proclaiming that thanks to their tireless efforts the Eurozone remains whole. And why wouldn't they celebrate. They have demonstrated their power to crush, at least for now, the Greek effort to end austerity and its associated devastating social consequences. Tragically, Syriza has not only surrendered, the nature of its defeat is likely to leave the country worse off, at least both economically and very likely politically as well.
by Harry Lambert | July 14, 2015
Greece has finally reached an agreement with its creditors. The specifics have not yet been published, but it is clear that the deal signed is more punitive and demanding than the one that its government has spent the past five months desperately trying to resist. The accord follows 48 hours in which Germany demanded control of Greece’s finances or its withdrawal from the euro. Many observers across Europe were stunned by the move.
Europe will be the epicenter of a new Western despotism August 3, 2015
The emerging market crisis returns August 2, 2015
To Grexit or Not to Grexit August 2, 2015
Ukraine's communists, under attack, seek solidarity August 2, 2015
The euro, a political error August 2, 2015
How Germany Prevailed in the Greek Bailout August 2, 2015
A Crash With Chinese Characteristics August 2, 2015
The extremism of the center in Israel August 2, 2015
What Bernie Must Do August 2, 2015
Israel, not Iran, started Middle East nuclear arms race August 2, 2015
Stephen Harper 'gaming the system' with early election call August 2, 2015In The News archive:
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| 7:30pm, Monday August 10, 2015
McNabb Community Centre, 180 Percy, Ottawa.
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|Public forum: The Battle Against Austerity|
Lessons From Greece
Speakers: Leo Panitch and Richard Fidler
The meeting will provide an opportunity to learn about the recent events in Greece and take up the debate surrounding Syriza's fight against austerity
Sponsored by the Socialist Project | Facebook event
| 1:00pm, Sunday August 9, 2015
Beit Zatoun, 612 Markham Street, Toronto.
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|Forum: Public Transit Struggles in London and Toronto|
P3s, Transit Workers and Alternatives
You are invited to a discussion on struggles over public transit in London, England and in Toronto, over P3s, privatization, funding public transit, and posing alternatives, such as reduced fares, free transit and increased accessibility. We are at a turning point in the struggle for public transit, particularly in Toronto. Although we have now won broad recognition of the need to expand public transit, the modes and organizational forms this will take, the fares that will be levied, the funding provisions and the operational practices remain completely unclear. There remains nothing in the way of a national public transit plan in Canada, and Ontario planning is both ad hoc and bent on privatization. There are important strategic lessons to be learned from the experience of London -- a system at the forefront of these kinds of battles over the neoliberalization of transit systems. As well, there is a growing national and international free public transit movement as a central means to address global warning and for transit justice to give equal access to mobility.
* Janine Booth is a London Underground RMT union activist and author of Plundering London Underground.
* Kamilla Pietrzyk and Brenda Thompson are active with Free Transit Campaign and TTCriders.
Sponsored by Centre for Social Justice, Free Transit Toronto Campaign and Socialist Project | Facebook event | PDF poster
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