REDWAVE
Urban Jungle Dweller
- Joined
- Aug 26, 2001
- Posts
- 6,013
Hot off the Reuters wire: the European Union (EU) summit in Spain was delayed by the general strike called by the unions. In these desperate times, American workers need to reacquaint themselves with such militant labor tactics as general strikes, political strikes, and (my favorite) "sit-down strikes" or plant occupations. These tactics were used extensively during the last Great Depression in the 1930's.
The EU is a very top-down, undemocratic institution. Its main accomplishment so far has been the adoption of a common currency, the euro. The "Maastricht criteria" attached to adoption of the euro are less well known. These impose a requirement of balanced budgets on member countries, and require anti-worker "austerity." They also give unprecedented power to the European Central Bank (ECB), a totally unelected, elitist institution, similar to our Federal Reserve Board (FRB).
The EU summit also has a reactionary agenda: scapegoating and attacking immigrants, "fighting" the extreme right by adopting its policies. Blair and Aznar (Spanish Prime Minister) are leading the charge on this. Amnesty International has criticized this attempt to build "Fortress Europe."
The EU is a very top-down, undemocratic institution. Its main accomplishment so far has been the adoption of a common currency, the euro. The "Maastricht criteria" attached to adoption of the euro are less well known. These impose a requirement of balanced budgets on member countries, and require anti-worker "austerity." They also give unprecedented power to the European Central Bank (ECB), a totally unelected, elitist institution, similar to our Federal Reserve Board (FRB).
The EU summit also has a reactionary agenda: scapegoating and attacking immigrants, "fighting" the extreme right by adopting its policies. Blair and Aznar (Spanish Prime Minister) are leading the charge on this. Amnesty International has criticized this attempt to build "Fortress Europe."
Last edited: