Article originally published in Red Pepper in November, 2010.
‘Austerity strikes roil Europe’ – Christian Science Monitor; ‘Anti-austerity protests sweep across Europe’ – Associated Press; ‘European cities hit by anti-austerity protests’ – BBC.
From the nigh-on identical, panicked headlines that raced around the world on 29 September, the day of the pan-European day of action organised by the European Trades Union Congress, you would have thought that the entire continent was aflame with civil unrest, furious at the measures introduced by our governments – a sacrifice of the public sector, labour rights, social benefits, hurled into the volcano to slake the anger of the markets.
Perhaps there was a glint of something to it. Only weeks later, France would be paralysed by strikes and refinery blockades that left the country days away from running entirely out of petrol. Those clichéd, magic four integers, 1968, tumbled trembling once more from the lips of commentators and politicos. Greece, on the surface, appears to be tearing itself apart. One report in September from that most sober of news wires, Reuters, quoted a German economist from the Munich-based Ifo Institute for Economic Research, warning how ‘political fatigue with austerity policies typically sets in in the second year and could yet push Greece to default or the brink of civil war’. Continue reading →