A spectre is haunting Europe – the spectre of capitalist crisis.
Events are moving at lightning speed. This slow-motion train wreck has
suddenly speeded up. Each day we come closer to a Greek default and its
exit from the euro. Squeezed by foreign bankers, demanding their pound
of flesh, ordinary Greek people are being pushed to the limit. They are
being reduced to a state of wretchedness and indignity.
Just five years ago, not a day would go by without global warming making
the headlines. The American politician Al Gore’s documentary film about
climate change, An Inconvenient Truth, was seen by hundreds of
thousands in cinemas across the world. The Conservative Party rebranded
themselves as the champions of the environment, nailing their ecological
colours to the mast and urging people to ‘vote Blue to go Green’. Even
the arch-reactionary American president George W. Bush was forced to
concede that, maybe, the environment was worth thinking about.
elections in France and Greece represent a fundamental change in the
situation. The crisis of European capitalism has entered a new and
turbulent stage. A mood of anger is sweeping across Europe. Of course,
we understand that election results do not reflect the psychology of the
masses with complete accuracy. They are like a snapshot of the mood at a
given moment. But it is necessary to analyse election results
carefully, since they do show certain trends in society.
Ten years after the defeat of the coup
in Venezuela by the revolutionary mobilisation of the masses it is
worth looking back at the forces that were behind the coup, the reasons
why it was defeated and what happened afterwards, as those events hold
the clue to the class dynamics of the Venezuelan revolution.