12 Oct 2012

Confronting the EU “Oligarchy of Governments”

In Europe we are living in particularly dramatic times. Democracy is in death-agony and we are witnessing post-democratic processes taking over at the national and supranational level. EU leaders have further concentrated decision-making power on public and fiscal policies in the hands of an oligarchy of governments, technocrats and the European Central Bank (ECB), which are subject to the dictates of the financial markets. Neoliberalism, the real cause of the crisis, not only is not dead, but it appears to be in perfect health: it uses the crisis to destroy social rights and workers’ rights and to privatize commons, public goods and public services.

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Finally, the most incredible propaganda operation of our times is in full swing, in which states and ‘markets’ try to make people believe that public debt was caused by excessive social spending and high salaries. In fact the financial sector caused the crisis and the fiscal deficit in the EU is the result of the crisis, not its cause.

A moment like this needs a strong social answer: it is urgent to act now, uniting our forces, creating the conditions for a common social response, for a pan-European mobilization. There is an objective need to build a European space of ‘strategic alliances’: in order to elaborate common strategies and initiatives and to rebuild solidarity. When the attack on Greece by the great economic powers and the ‘troika’ [the International Monetary Fund, the European commission and the ECB] began, we, in Europe, were unable to organize a social response. Rather, each stayed wrapped up in their own crisis and their own national dimension, leaving the Greeks alone. It must never happen again.

By Tommaso Fattori on Global Research

The European Union has been awarded the Nobel Peace Prize for six decades of work in advancing peace in Europe.

The committee said the EU had helped to transform Europe "from a continent of war to a continent of peace". The award comes as the EU faces the biggest crisis of its history, with recession and social unrest rocking many of its member states.