Workers Solidarity Movement

Sometimes you can walk around this city and feel like you are the last sane person left on the island.  On the front page of every single newspaper the spin doctors have gone into their highest setting possible with the great news that we’ve buried the rotten corpse of Anglo Irish bank which had been stinking up the whole economy for years now.   We’d cut ourselves away from this horrible thing, we no longer had to pay out this awful promissory note for a staggering amount of €3.1 billion every year.  We were now going to just liquidate the rottenest bank of all time, transfer it over to the men in black (NAMA) and the plan then was to pay interest only on this astronomical debt (€40 Billion) until 2038.
 

Paul Bowman gives a 40 minute presentation on the Euro as a moment of the internationalisation of capital and looks for a way of dealing with the crisis that goes beyond the alternative models of capital being argued for by the left. If the height of a crisis is not the moment to raise a discussion of an anti-capitalist alternative then when is? Beyond this he also warns against the stagest approach much of the left has adopted where the economic crisis is to be addressed first by a demand for growth and the environmental crisis ignored till later.

As the flames from the latest round of rioting in Greece die down, the incapacity of the mainstream media to tell the story of the current Eurozone crisis leaves us as much in the dark as before the Molotov’s lit up the nightly news.

The euro zone crisis, and the mainstream opinion formers’ response to it, raises the question of nationalistic understandings of the way the world works, and how these understandings frame our perception of where our interests lie.

At the same time that we are witnessing a wave of popular protest in North Africa and the Middle East against aged and corrupt neo-colonial dictatorships, in the heart of Europe we are witnessing something unprecedented and absolutely extraordinary.

History appears to moving in the ‘wrong direction’ in the so-called peripheral countries of the Eurozone.

If we accept that this deal was never meant to provide justice to the people of Ireland, then we have to judge its success or failure on other grounds, the ones it was designed to fulfill.  From that perspective the willingness of the rulers of the French, Germans, British and others to drive countries like Ireland and Greece and Portugal, each of us less than 2% of the Eurozone economy, into ruination is understandable, albeit unforgiveable. Just as there is no honour amongst theives, so there is no solidarity amongst capitalists.