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Grexit or Jubilee? How Greek Debt Can Be Annulled

The crushing Greek debt could be canceled the way it was made – by sleight of hand... [read more]

The ECB’s Noose Around Greece

Remember when Goldman Sachs delivered a thinly-veiled threat to the Greek Parliament, warning them to elect a pro-austerity prime minister or risk having central bank liquidity cut off to their banks?... [read more]

Short Essay on the Greek Crisis

This short essay is a study of the history and politics of the Greek Crisis... [read more]

Greece: Workers Take a Stand

Daniel Serge dispels a few myths about the recent unrest in Greece. ... [read more]

The Greek Coup: Liquidity as a Weapon of Coercion

In the modern global banking system, all banks need a credit line with the central bank in order to be part of the payments system... [read more]

“Guerrilla Warfare” Against the EU-ECB-IMF Economic Hegemony: The Challenge and Promise of Greece. The Nationalization of the Banking System

Greece could restore the liquidity desperately needed by its banks and economy by nationalizing the banks and issuing digital loans backed by government guarantees... [read more]

EU Showdown: Greece Takes on the Vampire Squid

Greece and the troika (the International Monetary Fund, the EU, and the European Central Bank) are in a dangerous game of chicken... [read more]

Poor's show

Ever since the decline of European Socialism in the 1980s and the collapse of the Soviet Union in the ’90s, capitalism has considered itself king of the world and has behaved accordingly, says W Stephen Gilbert.... [read more]

What is to be Done with the Banks? Radical Proposals for Radical Changes

Immediate measures for moving towards socialisation of the banking sector... [read more]

The Impunity Enjoyed by the Banks must Stop

The final part of the series by Eric Toussaint - The Banks and the “Too Big to Jail” Doctrine... [read more]

Extremism is prevailing in Eurozone Negotiations

The negotiations between the newly elected Greek Government and the other Eurozone states have been a battle between pragmatism and extremism... [read more]

Has Democracy Gone Missing? Or was it ever here?

People are suffering from a deficiency which is as unbalancing as a hormone or vitamin deficiency. What we are severely lacking in is democracy... [read more]

Greek Capitalism at a Critical Point

Greek capitalism continues to be the weak link of the Eurozone as it is still under the “intensive care” of the EU support mechanisms for the fourth consecutive year and is in recession for the sixth consecutive year... [read more]

Banks versus the People: The Underside of a Rigged Game! (Part 1)

Eric Toussaint looks at 2007-2012: Six years that shook the banking world... [read more]

Greece's Big Smog: Neoliberal austerity, public health, and the environment*

Neoliberal austerity in crisis-torn Greece has a significant implication for public health and the environment. The disturbing reality is that the unbearable cost of heating oil for a large portion of the country's population has led to an increased use of solid fuel heating, writes Ilia Xypolia.... [read more]

More than just a Game: football as the modern opium of the masses

The spectacle of sport, like the 2012 Euro Cup, is the primary medium through which nations and national identities are imagined, writes Ilia Xypolia.... [read more]

This is free Europe, never again!

The London Progressive Journal gives its take on current events in the latest editorial... [read more]

Euro zone crisis: A Green alternative

We are watching economic injustice crush a nation before our eyes. On 20 March, Greece must meet the next tranche of debt repayments,says Alfie Stirling.... [read more]

Telling the Players with a Scorecard

How politics is manifested as economics and economics as politics should concern us right now, argues Steven Colatrella.... [read more]

The Greeks are Fighting for Us All

The Greek crisis is merely the first stage of a wider global backlash against neoliberal economics, argues Steven Colatrella.... [read more]