Argentinians staged a new general strike on Wednesday against the neoliberal economic policies proposed by the Government of Mauricio Macri, as images recorded early in the morning in Buenos Aires show.
Groups of strikers organized pickets and traffic blockades in different streets and access roads into the city, chanting slogans and waving banners against the policies of the current government. The public transport services were strongly affected by the strike.
This is the fifth national strike to protest against the Argentinian president, called by different social organizations and the General Confederation of Workers (CGT) union, and it is taking place simultaneously throughout the country.
Official government data registered by the National Institute of Statistics and Census (INDEC) show an inflation rate of 3.4%, with a slight deceleration compared to March´s figures (4.7%). Even though, the Consumer Price Index (CPI) delivers an annual inflation rate of 55.8%, while the majority of salaries and pensions did not grow proportionally in the South American country.
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And the Weak Suffer What They Must?: Europe, Austerity and the Threat to Global Stability
By Yanis Varoufakis
A spectre is haunting Europe – the spectre of failed capitalism. In this startling account of Europe’s economic rise and catastrophic fall, Yanis Varoufakis pinpoints the flaws in the European Union’s design – a design that was thought up after the Second World War, and is responsible for Europe’s fragmentation and the resurgence of racist extremism across the Continent.
When the financial crisis struck in 2008, the political elite’s response ensured that it would be the weakest citizens of the weakest nations that would pay the price for the bankers’ mistakes.
Drawing on his personal experience of negotiations with the eurozone’s financiers, and offering concrete policies to reform Europe, Varoufakis shows how we concocted this mess, and points the way out of it. And The Weak Suffer What They Must? reminds us of our history, in order to save European capitalism and democracy from the abyss.
News, articles & stories from the worlds of politics & history, with a dose of retro culture.