Millions of protesters in 82 countries and across nearly a thousand cities have taken to the streets to demonstrate against the bailing out of the rich, while those at the bottom end of society are expected to pay for a global economic crisis prompted by speculation and greed.
The 'Unite for Global Change' actions look set to continue throughout the week, with a new wave of demonstrations planned across Europe and the USA.
The activists "mean to limit the power of finance capital and build a more equal society", says BBC economics correspondent Paul Mason, who predicted the wave of unrest back in February. He wrote last night: "We've had nine months of political paralysis. And people have begun to feel the economic permafrost setting in."
"These protests are a powerful signal worldwide," says Mason. "Their mere existence shows that people are determined to 'think globally' about routes out of this crisis - at a time when economics is driving politicians down the route of national solutions. However marginalised they are politically - and in some countries, above all America and Greece, they have broken out of marginalisation - it is still a fact: in 1931, as the remnants of Globalisation 1.0 collapsed, there were no mass international protests against austerity. There were plenty of national, and indeed nationalist ones." Full story...
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The 'Unite for Global Change' actions look set to continue throughout the week, with a new wave of demonstrations planned across Europe and the USA.
The activists "mean to limit the power of finance capital and build a more equal society", says BBC economics correspondent Paul Mason, who predicted the wave of unrest back in February. He wrote last night: "We've had nine months of political paralysis. And people have begun to feel the economic permafrost setting in."
"These protests are a powerful signal worldwide," says Mason. "Their mere existence shows that people are determined to 'think globally' about routes out of this crisis - at a time when economics is driving politicians down the route of national solutions. However marginalised they are politically - and in some countries, above all America and Greece, they have broken out of marginalisation - it is still a fact: in 1931, as the remnants of Globalisation 1.0 collapsed, there were no mass international protests against austerity. There were plenty of national, and indeed nationalist ones." Full story...
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