CRISIS/OPPORTUNITY???

     The present time is probably the greatest opportunity we have ever had of bring about the demise of the capitalist system. The capitalist world is in crisis, the claims of recovery are not really believed by the big money. They see countries that are carrying massive debts that they can’t service and see the spectre of sovereign debt defaults. That debt of course is tax payers' money that went to "bail-out" the financial parasites of the capitalist world. The so called stimulus hasn’t worked, "The real concern is that the whole recovery is nothing more than poorly-directed government stimulus which has simply had the effect of boosting asset prices," according to David Morrison at GFT.

   The big money club’s answer to the problem is to force countries to start a prolonged and vicious series of cuts in social spending, education, health, benefits, etc. allied to tax increases that will fall mainly on the average to poor section of society. This will be accompanied by selling of off the country’s assets to the private sector, at bargain prices of course.

   This is where we come in, the governments of these debt laden countries will have to legislate these events into being. We will be the ones that will suffer, not the chief executives nor the government ministers. We have to start now and organise and take to the streets demanding an end to any idea of cuts on our standard of living. Not in this city and that city, but across the country and in each country.

   The European countries most at risk of defaulting on their debt are Greece, Spain, Portugal, Italy, Ireland with Britain bringing up the rear. Portugal has already managed to stop the government from implementing its proposed cuts and Greece will probably have massive resistance on the streets as that government tries to please its money master in the financial world.

    Without a successful and massive attack on our living conditions the capitalist system will fracture and start to fall apart. If we want to change the world to one of justice and mutual aid, seeing to the needs of all our people, then we have to prevent this savage onslaught on our conditions. Communicate across borders, organise across borders, act across borders. To the working class there are no borders, we are all at the receiving end of this attack by the parasite class as they struggle to hold onto their power and privileges.

 

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