Re: [OPE] Class Analysis of the Greek Bailout

Date: Thu May 13 2010 - 11:05:11 EDT

> And looking back: what should we make of the idea -- the constant drumbeat of the bourgeois press --
> that Greece as a whole country, including its workers, was "living beyond their means"?

Hi Paul A:
Well, hasn't that been the message which the IMF, the World Bank, and the WTO
have been making to sovereign nations as a rationalization for forcing them
into imposing austerity measures on their own people as a condition for additional
lending or debt restructuring, etc.? The fact that this is happening to a
major European nation is somewhat unusual, but this has been the consistent
message of Neo-Liberalism to less developed capitalist nations for several
In solidarity, Jerry
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Received on Thu May 13 11:07:02 2010

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