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So the voters have voted--in Britain, in France, in Greece, in Schleswig-Holstein--and the markets are tumbling.

European voters everywhere are turning against the elites that have managed most of the continent for the last few decades. The financial crisis has broken the illusion of stability; the cracks in the concrete of the Eurozone are gaping. As I wrote here on Friday, the voices being raised against austerity come from the far right as well as the left. Yesterday Greece became the first European country to elect neo-Nazis--twenty-one members of the racist Golden Dawn party--to its parliament. Their leader, Nikolaos Michaloliakos, dedicated his victory to "the brave boys in the black shirts"; some candidates used the rising phoenix, emblem of the colonels' junta of 1967 to 1974, as their election poster. "Those who slander us," he barked, and "those who betray this country should be afraid: we're coming." Golden Dawn won votes across much of the country--and not just in the inner cities, where its supporters stage pogroms against immigrants and woo old ladies with offers to escort them to the cash machine. It also got the votes of one in ten young people. If you add that vote to those of the other two far-right parties, Laos and Panos Kammenos' Independent Greeks, then one in five Greeks voted for rabid nationalism and anti-immigrant rhetoric.
"Across Europe, it's no to austerity, and yes to--what?"
I've tried to explain the rise of Golden Dawn in my piece for the Guardian today--and also the success of Antonis Tsipras's Syriza, the Coalition of the Radical Left. Syriza was the breakthrough party of the Greek election, taking all of the greater Athens region and central Thessaloniki and coming in second--ahead of the discredited socialist Pasok--overall. The charismatic Tsipras managed to articulate a very basic program--opposition to the EU/IMF measures, redistribution of wealth, a restoration of welfare rights--that much of the broad left opposition to austerity could sign up to; he's also the man who figured out how to speak to the people in the streets. "We are the many, they are the few," goes one of Syriza's slogans; "They decide without us, we proceed without them," goes another.
Greeks who remember the '80s and the speeches of Pasosk's founder, Andreas Papandreou, find much in Tsipras to remind them of that master rabble-rouser. Although he swears he's for "the people," not "the state," he has refused to talk about the reform of Greece's creaking bureaucracy, or about how exactly he plans to save the economy, beyond taxing the rich and calling the Europeans' bluff on ejecting Greece from the Eurozone. But at moment like this, populism can be (very briefly) useful, as well as seductive and dangerous. Set beside Hollande's victory in France, Tsipras's success has helped drive home the message that Europeans have had it with austerity. Both elections were referendums on European economic strategy; both roundly rejected it. The German finance minister issued a shameful threat to the Greeks the day before the vote, saying that they must honor their commitments or "take the consequences." It isn't clear yet what those consequences will be; but then, what we've got now clearly isn't working either. In the long battle between the markets and democracy, it's one to democracy, with all its flaws and pitfalls. No one said it would be easy.
Dear Common Dreams reader, It’s been nearly 30 years since I co-founded Common Dreams with my late wife, Lina Newhouser. We had the radical notion that journalism should serve the public good, not corporate profits. It was clear to us from the outset what it would take to build such a project. No paid advertisements. No corporate sponsors. No millionaire publisher telling us what to think or do. Many people said we wouldn't last a year, but we proved those doubters wrong. Together with a tremendous team of journalists and dedicated staff, we built an independent media outlet free from the constraints of profits and corporate control. Our mission has always been simple: To inform. To inspire. To ignite change for the common good. Building Common Dreams was not easy. Our survival was never guaranteed. When you take on the most powerful forces—Wall Street greed, fossil fuel industry destruction, Big Tech lobbyists, and uber-rich oligarchs who have spent billions upon billions rigging the economy and democracy in their favor—the only bulwark you have is supporters who believe in your work. But here’s the urgent message from me today. It's never been this bad out there. And it's never been this hard to keep us going. At the very moment Common Dreams is most needed, the threats we face are intensifying. We need your support now more than ever. We don't accept corporate advertising and never will. We don't have a paywall because we don't think people should be blocked from critical news based on their ability to pay. Everything we do is funded by the donations of readers like you. When everyone does the little they can afford, we are strong. But if that support retreats or dries up, so do we. Will you donate now to make sure Common Dreams not only survives but thrives? —Craig Brown, Co-founder |

European voters everywhere are turning against the elites that have managed most of the continent for the last few decades. The financial crisis has broken the illusion of stability; the cracks in the concrete of the Eurozone are gaping. As I wrote here on Friday, the voices being raised against austerity come from the far right as well as the left. Yesterday Greece became the first European country to elect neo-Nazis--twenty-one members of the racist Golden Dawn party--to its parliament. Their leader, Nikolaos Michaloliakos, dedicated his victory to "the brave boys in the black shirts"; some candidates used the rising phoenix, emblem of the colonels' junta of 1967 to 1974, as their election poster. "Those who slander us," he barked, and "those who betray this country should be afraid: we're coming." Golden Dawn won votes across much of the country--and not just in the inner cities, where its supporters stage pogroms against immigrants and woo old ladies with offers to escort them to the cash machine. It also got the votes of one in ten young people. If you add that vote to those of the other two far-right parties, Laos and Panos Kammenos' Independent Greeks, then one in five Greeks voted for rabid nationalism and anti-immigrant rhetoric.
"Across Europe, it's no to austerity, and yes to--what?"
I've tried to explain the rise of Golden Dawn in my piece for the Guardian today--and also the success of Antonis Tsipras's Syriza, the Coalition of the Radical Left. Syriza was the breakthrough party of the Greek election, taking all of the greater Athens region and central Thessaloniki and coming in second--ahead of the discredited socialist Pasok--overall. The charismatic Tsipras managed to articulate a very basic program--opposition to the EU/IMF measures, redistribution of wealth, a restoration of welfare rights--that much of the broad left opposition to austerity could sign up to; he's also the man who figured out how to speak to the people in the streets. "We are the many, they are the few," goes one of Syriza's slogans; "They decide without us, we proceed without them," goes another.
Greeks who remember the '80s and the speeches of Pasosk's founder, Andreas Papandreou, find much in Tsipras to remind them of that master rabble-rouser. Although he swears he's for "the people," not "the state," he has refused to talk about the reform of Greece's creaking bureaucracy, or about how exactly he plans to save the economy, beyond taxing the rich and calling the Europeans' bluff on ejecting Greece from the Eurozone. But at moment like this, populism can be (very briefly) useful, as well as seductive and dangerous. Set beside Hollande's victory in France, Tsipras's success has helped drive home the message that Europeans have had it with austerity. Both elections were referendums on European economic strategy; both roundly rejected it. The German finance minister issued a shameful threat to the Greeks the day before the vote, saying that they must honor their commitments or "take the consequences." It isn't clear yet what those consequences will be; but then, what we've got now clearly isn't working either. In the long battle between the markets and democracy, it's one to democracy, with all its flaws and pitfalls. No one said it would be easy.

European voters everywhere are turning against the elites that have managed most of the continent for the last few decades. The financial crisis has broken the illusion of stability; the cracks in the concrete of the Eurozone are gaping. As I wrote here on Friday, the voices being raised against austerity come from the far right as well as the left. Yesterday Greece became the first European country to elect neo-Nazis--twenty-one members of the racist Golden Dawn party--to its parliament. Their leader, Nikolaos Michaloliakos, dedicated his victory to "the brave boys in the black shirts"; some candidates used the rising phoenix, emblem of the colonels' junta of 1967 to 1974, as their election poster. "Those who slander us," he barked, and "those who betray this country should be afraid: we're coming." Golden Dawn won votes across much of the country--and not just in the inner cities, where its supporters stage pogroms against immigrants and woo old ladies with offers to escort them to the cash machine. It also got the votes of one in ten young people. If you add that vote to those of the other two far-right parties, Laos and Panos Kammenos' Independent Greeks, then one in five Greeks voted for rabid nationalism and anti-immigrant rhetoric.
"Across Europe, it's no to austerity, and yes to--what?"
I've tried to explain the rise of Golden Dawn in my piece for the Guardian today--and also the success of Antonis Tsipras's Syriza, the Coalition of the Radical Left. Syriza was the breakthrough party of the Greek election, taking all of the greater Athens region and central Thessaloniki and coming in second--ahead of the discredited socialist Pasok--overall. The charismatic Tsipras managed to articulate a very basic program--opposition to the EU/IMF measures, redistribution of wealth, a restoration of welfare rights--that much of the broad left opposition to austerity could sign up to; he's also the man who figured out how to speak to the people in the streets. "We are the many, they are the few," goes one of Syriza's slogans; "They decide without us, we proceed without them," goes another.
Greeks who remember the '80s and the speeches of Pasosk's founder, Andreas Papandreou, find much in Tsipras to remind them of that master rabble-rouser. Although he swears he's for "the people," not "the state," he has refused to talk about the reform of Greece's creaking bureaucracy, or about how exactly he plans to save the economy, beyond taxing the rich and calling the Europeans' bluff on ejecting Greece from the Eurozone. But at moment like this, populism can be (very briefly) useful, as well as seductive and dangerous. Set beside Hollande's victory in France, Tsipras's success has helped drive home the message that Europeans have had it with austerity. Both elections were referendums on European economic strategy; both roundly rejected it. The German finance minister issued a shameful threat to the Greeks the day before the vote, saying that they must honor their commitments or "take the consequences." It isn't clear yet what those consequences will be; but then, what we've got now clearly isn't working either. In the long battle between the markets and democracy, it's one to democracy, with all its flaws and pitfalls. No one said it would be easy.