Syriza Holds On, But the Left is Weakened in Greece

By Asad Ismi The Greek tragedy of national economic collapse appeared to be turning into farce with the re-election of Syriza at the end of September. The leftist party had been first elected only seven months earlier on the promise to end the austerity measures forced on Greece by the troika of the European Union […]

Grexit Option Looms with Bailout Expiry

By Asad Ismi In a stunning victory on January 25, the leftist Syriza party won Greece’s national elections by a wide margin, earning just short of a majority of seats in parliament. Syriza campaigned on a promise to end the austerity measures (privatization, wage constraints, public service layoffs, etc.) that were a condition on 240 […]

Capitalism is the Crisis (Part 4): Protests in Greece Expose Failure of Capitalism in Europe

By Asad Ismi During November 2012, Europe erupted in anti-austerity demonstrations, with protestors clashing violently with police in Spain and Portugal, where general strikes were declared. Millions of European Union (EU) workers participated in the demonstrations, which have spread to Italy, France, and Belgium. Greece has also been paralyzed by many intermittent strikes over the […]