Showing posts with label Austerity. Show all posts
Showing posts with label Austerity. Show all posts

Tuesday, 23 June 2015

Red, Green or Something In-Between?

It is now just over four weeks since I launched the Facebook group Forum for Progressive Action, since which time it has steadily developed into a highly active - and interactive - resource for some 230+ participants. Whilst quality over quantity remains the watchword, not a day passes without useful new contributors being added to the roll.

What has already become clear is that one of the great debates that is developing revolves around the nature of today's left (a convenient generic term with which I do not necessarily myself identify). Specifically, whether the progressive Green/SNP/Plaid vision which made itself known for the first time to so many of the uninitiated in the build-up to the recent general election is the real deal, or whether the future lies in a rallying of the masses to the more "traditional" left.

I say one of the great debates, of course, because this discourse cannot be separated from the question of whether the long-term future for progressive politics lies within or without the Labour Party. This is particularly so right now within the context of the Labour leadership challenge from Jeremy Corbyn. At the very least the sense of resigned inevitability that has accompanied the otherwise apparent consensus that the future of the party lies in an even further shift to the right has been stalled by this event, although Corbyn's equally inevitable rejection by the party through fair means or foul is likely only to emphasise the point when it happens.

One senses a soreness amongst some stalwarts of the socialist tradition towards the "Johnny Come Lately" leftists of the Scottish National Party, the Green Party and Plaid Cymru. Certainly what unites all of these parties is that the wider public knows them best for other things - in the case of the Greens for their environmentalism, and of the SNP and Plaid for their respective advocacy of Scottish and Welsh independence. Whilst these are themes which need not contradict a left-wing political perspective, it is undoubtedly true that they are not necessarily exclusive to same and could equally be embraced by people of a centrist or even right-wing disposition. Thus the fear is that for adherents of what I will hereafter lazily refer to as the new left, progressive politics is merely additional ballast to a worldview formed around other priorities.

MASS MOVEMENT

The attraction of the new left lies in its potential to turn progressive politics into a mass movement around an identifiable party banner. This has certainly been so in Scotland, where the SNP took 56 out of a total of 59 parliamentary seats on an openly left-of-Labour, anti-austerity platform to which its traditional theme of Scottish independence was successfully subordinated. Whilst the Greens only managed to hold onto their one Westminster seat the party's vote share increased enormously and one senses that it is just a few years of experience and training in the harsh truths of realpolitik away from a real breakthrough.

By contrast the old left has never demonstrated the ability to form a viable party capable of sustaining mass appeal. Certainly when it comes to individual causes it has been able to turn out the bodies - nuclear disarmament, the anti-racist and anti-fascist rallies of the 1970s, the Poll Tax demos and the protests against the invasion of Iraq to name just a few. But politically that opposition to the system has been fragmented between the Labour entryists and exitists, and between the plethora of left groups which themselves exist outside of the Labour Party, and then liberally spread like watered-down butter throughout 650 constituencies around the UK in a way that renders any prospect of political power via the parliamentary road improbable to put it politely. The one party that has managed momentarily to buck the trend, Respect, has been far too focused around one man, in one place and at one time to offer any lasting threat to the established order.

The old left argues, not without some justification, that there are some distinctly unleftish aspects to the wider politics of the new kids on the progressive block. The Greens' desire to protect the Green Belt could be seen as running contrary to the notion of a widespread building program as a remedy to the housing crisis. Scottish and Welsh nationalism is, well, nationalism, which belies the internationalism of classic socialist doctrine.

Add to this the ovine tribalism of that significant section of progressive opinion - if one still accepts it as such - which places organisational allegiance, even to a right-wing and neoliberal party, above ideology or political principle and even in broad terms what is loosely thought of as one movement would seem irreparably divided into three distinct camps.

Under the circumstances the prospects for political unity, in the sense of bringing progressives together under one organisational roof, appear remote. Furthermore, unless the issues of fundamental import which divide progressives can be resolved it is questionable whether such a unity would even be desirable.

What can and must be achieved however is the kind of unity which allows progressive opinion to act in unison whenever a wider interest is served. On the streets, when the occasion demands, this is already happening. Witness last weekend's anti-austerity protests in London and elsewhere.

The task of unaligned progressives is to harness united action around a defined list of points of agreement - areas where all of us see things the same way and from which some mutual benefit may be derived from working together. If nothing else this should be the task for the duration of this parliament.

Monday, 20 April 2015

Postponed Until Further Notice? The Fight for Democracy and Social Justice

I’ve been spending rather too much of my time of late on social media, involving myself in arguments of varying degrees of ferocity and passion about the upcoming general election.

Not being involved in anybody’s campaign for once, and having no real enthusiasm for any of the leading contestants, the sensible thing for me to have done would probably have been to have put my feet up, sent off my postal vote when and if I found the time, and looked forward to watching Peter Snow, tinny in hand (me, not Peter Snow), trying to pre-empt the verdict during the counting of the votes. What I have done instead, as is my wont, has been to throw myself into endless online debates and squabbles, typically between loyal Labour voters and those generally to their left who have opted for one or other of the smaller, anti-austerity parties which have been propelled into the public gaze largely as a result of their participation in the various televised leaders’ debates.

Finding myself rather naturally on the side of the revolutionists, I have encountered opposition (sometimes civil, sometimes abusive) from Labour Party supporters who can broadly speaking be broken down into two distinctive categories – the hopeless (and often mindless) partyists for whom Labour can do no wrong and those who argue that, whatever the merits or otherwise of more deep-rooted, radical change, the urgency of the present situation requires a single-minded, “all hands on deck” approach to getting rid of David Cameron and the Conservatives. Any lingering concerns about what might be achieved when the Tories are gone, they argue, can be addressed once the deed is done.

It is fair that I should record, at this stage, that I have long-standing and ongoing quarrels of a purely local character with the Labour Party in my own backyard. Where I live the Labour Party is a vile organisation, opposed almost to the point of derangement to any kind of organisation from within the community, unless it is guided by its own hand. It matters not whether we are talking about a borough-wide tenants’ federation, a single-issue action group or a domino club at a sheltered unit for the over-60s, if the Labour Party isn’t involved in some organisational or directional sense then it has to be crushed. Where such an approach is resisted there is no restraint upon the unholy horrors that may be unleashed. Even physical violence has not proved beyond them, and it is probably only due to lack of personal courage that this has thus far been restricted to property rather than person, and then on a purely hit-and-run basis, but rather than being restrained those responsible have actually been rewarded for their efforts with senior office, telling us all we need to know about the local party on an institutional level.

TRIBAL

Somebody close to me who is a supporter of the Labour Party has suggested that my instinctive dislike of the party may have been influenced by my local experiences. It is a fair point to make, but I don’t think it is true. My observations during this general election campaign have been inspired by what I have seen of the party at a national level, and of the approach it has taken in its quest for national office.

For the tribal herd I have nothing but contempt. In politics our duty surely is to choose, and if necessary to change, our party loyalty according to our principles, not to change our principles according to our party loyalty. One almost forms the impression that some of these types would champion the slaughter of the firstborn if it was in the manifesto. It was this kind of blind organisational obedience which landed us with Tony Blair, and which permitted a party whose leader took us into a war which led to the slaughter of hundreds of thousands of innocent people, many of them children, on the back of a lie, to continue along afterwards almost as though nothing had happened.

Those who plead the “urgency” of the situation, on the other hand, deserve to be heard. That said, I believe their argument to be flawed on two very basic counts. The first is that it demands our righteous anger over the treatment of the poorest and most vulnerable in our society by the present government, without paying much heed as to how the lot of these people can be expected to improve when Labour replaces the Tories in office. It is not enough to be stirred by poverty and deprivation. Without a radical programme for the redistribution of wealth from those whose greed has brought the current situation to pass the indignation of the “other side” is meaningless.

Indeed, perversely, there is an argument that suggests the fortunes of the poor and hungry may actually deteriorate further under Labour. Certainly many of the food banks have been contributed to and staffed by Labour activists and supporters, whose sincere altruism will not have been lessened by the desire to drive home a political point. When a Labour government assumes office the temptation to make another point – that the food banks are no longer necessary – will certainly be present. Those finding themselves locked out, food cupboards still empty, may have cause to reflect.

TOMORROW NEVER COMES

The second weakness can best be summed up by the old maxim “tomorrow never comes”. If there is an urgency now to get rid of the Tories then in the event of Labour failing in that objective on May 7th that urgency will become all the greater, from the day after polling day all the way to 2020. Conversely if Labour wins the election the imperative will be to keep the Tories out. Either way the cause of working for real, meaningful, lasting, root-and-branch change will be placed yet again onto the back burner, a convenient place for it to stay in the symbiotic eyes of the major parties, both of whom stand to benefit from things remaining precisely as they are in perpetuity.

In any event the election on May 7th provides genuine radicals with an opportunity which may never again arise in our lifetimes – a likely stalemate between the two major parties coupled with the meteoric (although not necessarily permanent) rise of a real anti-austerity force, the Scottish National Party, with the potential to deliver an uneasy pact of convenience which promises (or threatens, depending on where you happen to stand) to shake up our politics forever by corrupting the ethos of the First Past The Post system in a Union of contradictions.

The decision of the SNP to discount at a very early stage any prospect of co-operation with the Conservatives and to offer instead to support a Labour Prime Minister brings in its wake a dynamic all of its own. Now, whether Scottish voters stick with Labour or jump ship to the SNP there is no net gain to be had by the Tories. In other words the Labour soundbite which would have it that a vote for the SNP is a vote for the Tories is revealed to any thinking person to be so much nonsense. Beyond tribal loyalty there is precisely no excuse for any Scottish elector who stands against cuts and austerity to plump for the Labour candidate in preference to the SNP one.

The permutations, and implications, of the SNP holding the balance of power at Westminster compel us to think the unthinkable. A broadly centrist pro-Union Labour Prime Minister kept in office by a left-wing anti-Union party which doesn’t even need the support or the goodwill of 90% of the voting population of the UK. Or, to consider another interesting scenario, a politically doable but almost universally unwelcome Con-Lab coalition with (probably) Alex Salmond, heading a regional party (in UK terms), as Leader of the Opposition. The mind truly boggles.

In the plans of the “urgency” advocates there is no time for change, not now or not ever. In my eyes and in those of many others, there is no time like now.

As for me, I think I’ve probably said more or less enough on this subject in the course of my many forays into the land of social media. What will be will be. But having sampled the sweet taste of opportunity that the convergence of coincidences can bring I am determined, once this election is over, to do something and to play some kind of role, tiny though in the wider scheme of things it must inevitably be, to hasten the change that some of us desire but have never until now really thought possible.

Saturday, 28 March 2015

Why the System Has To Go

What do we mean when we refer to “the system”?

It can of course mean a host of things, and many use the term simply to describe the political forces which prevail in the corridors of government in any given place. But to properly understand “the system” within any political construct we surely need to understand the internal dynamic which propels the society in which we live, or the society that we are examining.

The United Kingdom has a “system” which is based on more or less unfettered capitalism. It is true that governments make laws which even the rich and powerful have to abide by, and that on occasions even senior politicians or seminal figures from the world of business fall foul of them and end up in durance vile. All the same, within the limitations defined by the law of the land big business effectively runs rampant, sweeping aside not only organised (and even more so disorganised) labour but also honest small business in its wake. Witness the death of the family grocer or the independent high street trader as the likes of Tesco exploit farmers and their own workers alike to bring you their produce at the most competitive prices whilst still reserving for themselves the seemingly divine right to make a vast profit.

Under a totalitarian system such as fascism or communism the state will dictate just how far enterprise is allowed to go. Under the former it may be controlled or it may be permitted to run riot, but the fact remains that that permission is needed. The state, in theory at least, calls the tune. Under communism ownership is transferred to the government, which in practice operates a controlled economy of its own, the state replicating the role of the capitalist owner and the wider public playing the same part of the unquestioning consumer.

WEALTH AND POWER

In a “democratic” society such as ours however it is the forces driving the economy that are in control. This is because the conflation of wealth with power makes it inevitably so. The richer an individual or a corporation is, the more power he, she or it will inevitably wield. Power over the media, the power of patronage, the power to sell (or to distort) a message which can make or break a politician or decide the destiny of a political party. Within such a system it is inevitable that the political parties which take it in turns to man the offices of government will strive to serve the master. I wanna sell you a Tory, as the late Max Bygraves might have put it.

It is because of this unfailing logic that I, as those who know me will attest, instinctively wince whenever I hear some self-styled critic of the system bleating about how it is all going to change when the party they dislike the most is removed from office at the next general election and replaced by the party they have opted to endorse. At times I just want to wake up screaming. The two main parties are not the same, they protest, and of course they are right. Why, after all, would the system offer us two parties from which to make our selection and not imbue each of them with at least some kind of superficial defining characteristic? It is essential, in a “democracy”, to keep alive the illusion of choice.

What we are not given, of course, is the means through which to challenge the master. And in the master’s unrelenting drive towards ever greater profits there needs to be somebody else providing the labour, at as low a cost as possible, to drive the master’s success. Understand that and combine it with a recognition that neither of the major parties aspires to change that reality at source, and their essential sameness becomes a given. Any “difference” between them can only define the range of flexibility that the master is prepared to grant in order to preserve the illusion.

SYSTEM PARTIES

But to talk of there being just two “system parties” is of course overly simplistic. Whilst radical on matters of constitutional reform their support for the economic status quo demonstrates that the Liberal Democrats clearly are and have been since their inception a party of the establishment. I voted for them in 2010 in spite of this, not because of it, mostly because of the qualities of the local candidate but also because I felt the injection of the Lib Dems into the government of the country would in some way upset the apple cart. A crisis for capitalism perhaps not, but an unscripted fly in the ointment for the two-party system it indeed was.

Neither am I so blindly optimistic as to consider all if indeed any of the smaller parties that are currently enjoying some relative good fortune as being anti-system in the broadest sense. Certainly UKIP aspire to be and in some senses are already a party of the establishment. Rather like Trotsky’s theoretical fascists, they are a proto-establishment party waiting in the wings, currently something of a nuisance and an embarrassment but there if ever they are needed.

Which brings us to the left of centre, anti-austerity parties – the Greens, the SNP and Plaid. Are they the stuff of which revolutions are made? Probably not, but that is to miss the point somewhat. In our fast-changing political environment the establishment does on occasions find itself playing catch-up with events. The two-party system has, for the time being at least, already given way to the three-party system. If the three-party system in turn heralds the emergence of the four-, five-, six- or seven-party system then a fissure is created in the edifice of the all-powerful financial establishment which has effectively been the puppetmaster of our body politic for as long as any of us can remember.

ANSWERABLE

What emerges from the haze just may be better – more answerable, more democratic, more radical – than the façade which went before. If it isn’t then nothing has been lost. The financial elites will, I have no doubt, attempt to buy into the new politics but the more widely they need to cast their nets the less control they can hope to exercise. The plethora of significant parties which challenge both major system parties from the left, and the further-left grouplets which are emerging by dint of social media from amid the growing dissatisfaction with Labour’s presumably permanent shift to the right, coupled with the threat to the Tories from their own right flank in the form of UKIP, is making political engagement in the run-up to May 2015 uniquely interesting.

On top of it all are the “Don’t Vote” voices and the “None of the Aboves”, both positions with which I have some sympathy although I do intend to cast my cross, on this occasion at least. For those who are serious about real, lasting, meaningful change the outcome of the traditional contest between the toxic twins of the old establishment is a sideshow of scarcely any relevance. The real determining events for the future of our politics are to be found about the periphery of this elaborate charade.

Wednesday, 10 December 2014

A Class War is Raging in Britain, But Only One Side is Taking Punches

By John Wight

Go into any supermarket in the run up to Christmas and you will likely see a shopping trolley by the door designated for donations to your local foodbank. For many of us the idea of walking past it without donating jars, forcing us to wrestle with a conscience that is particularly sensitive to poverty and need at a time of year when excess and greed is encouraged in advertising campaigns which leave no stone unturned when it comes to manipulation and mawkish sentimentalism.

Foodbanks are an abomination, an insult to the very word progress and nothing if not a symptom of a society that is headed over a cliff. They constitute proof that Tory Britain in the winter of 2014 is the last bastion of cruelty and inhumanity, where to be poor is regarded as a badge of personal and moral collapse rather than an inevitable by-product of an economic system which breeds poverty and its attendant social maladies - crime, alcohol and drug abuse, domestic violence, mental illness, etc. Those unfortunate enough to fall through the increasingly widening cracks in this race to the bottom are not regarded as victims of blind economic forces, but authors of their own despair and as such undeserving of anything excepting punishment.

THE FREE MARKET ISN'T FREE

The free market isn't free. Its cost is measured in human despair and truncated lives. That we have a situation in one of the richest economies in the world where people, including children, do not have enough to eat, is nothing short of a crime. And only those who have had their humanity surgically removed would seek to justify this crime on the basis of cutting a deficit that has risen rather than fallen under the present government.

Not only our basic humanity but also economic stability and efficiency dictates that the overriding purpose of any economy must be to serve the needs of society. Yet we currently operate on the basis that society must serve the needs of the economy. This by definition means an economy set up to serve the needs of the rich and connected, its success bound up with ever larger and more obscene executive salaries, bonuses, shareholder dividends, and rising property and asset prices.

An economic crash caused by the inherent weaknesses of the current economic system should have resulted in it and the philosophical and ideological foundations upon which it rests being completely discredited and discarded as unfit for purpose. Instead, and by dint of a propaganda campaign unleashed by the right, society's guns have been turned on the poor - the low waged, the unemployed, benefit claimants, and migrants. Walk into any Jobcentre and you could be forgiven for thinking that you'd made a mistake and instead walked into a courtroom, where people are routinely punished by those hiding being the the mantra of just doing their job.

Being sanctioned for such grievous infractions as turning up for an interview 5 minutes late is as easy as pressing a button on a keyboard for the one doing the sanctioning, but for the human being sitting on the other side of that desk it triggers a downward spiral of mounting despair, not to mention degradation and humiliation.

FOOD BANKS

The Trussell Trust, the largest provider of food banks across the country, has identified the spike in demand for their services as directly linked to an ever-tougher and brutal benefits regime, as has an All Parliamentary Inquiry Into Hunger across the UK. It leaves little doubt that what the victims of this benefits regime are living through is akin to a mass experiment in human despair.

This is bad enough, but with more and more incidents of suicide directly related to that despair, we have surely reached the point where enough is enough.

The economic logic behind austerity remains as flawed now as when first embarked on. Rather than understand the deficit as a consequence of a global recession decimating demand in the economy, with a sharp fall in tax revenues due to a sharp rise in unemployment, the government is intent on deepening the same cycle by introducing drastic cuts in spending in the forlorn hope that the private sector will invest and create new jobs to replace those lost. The jobs that have been created, trumpeted by the Coalition as proof that austerity is working, are largely low waged, part time, and/or temporary. A crap job is a crap job, no matter how you try and dress it up, with the fact that the majority of people claiming benefits in work a damning indictment of the yawning chasm between the haves and have nots in 2014.

BACK TO THE 1930s

As we approach Christmas we live in a country where 4 million people are at risk of going hungry, half a million children live in families that cannot afford to feed them, and 3.5 million adults can't afford to eat properly. We have been dragged back to the 1930s by a government whose conception of progress is to eradicate the poor rather than poverty and the hungry rather than hunger. If this is not a call to arms then what is?

The Tory response to this mounting despair came recently in the form of a Marie Antoinette-like declaration from Baroness Jenkin that, "Poor people don't know how to cook".

Yes, there is a class war raging in Britain all right. The only problem is that up to now only one side has been taking punches.

Reproduced with acknowledgements to the Huffington Post.

Wednesday, 27 March 2013

What Could "Left Unity" Mean for the Community Movement?

The other day I happened upon a new Facebook page and website for a group calling itself Left Unity. I was drawn to it because it spoke boldly of its desire to form a new political party of the left, severing for once and for all the irrational political umbilical chord that for so long has joined the British so-called “left” – reformist and so-called “revolutionary” - to the party that is called Labour.

It is by no means the first time such an idea has been mooted, of course. The recent history of our national politics has been littered with left groups which have half-heartedly gone it alone, with varying degrees of unsuccess. The problem has always been the same – the separation from Labour has been from the head but never from the heart, and as such any manifestations of independent activity have invariably been a cry for help rather than a serious and sustained effort to create a lasting left alternative both to the unashamed reaction of the Conservatives and to the capitalist establishment’s safety valve that is the Labour Party.

Left Unity has, from first impressions at least, the outward appearance of being something different. Mobilised around an appeal by television and film director Ken Loach for a new party of the left, it would appear already to have gained some considerable momentum, with a network of local and regional groups to which new names seem to be being added by the day. By any measure, and certainly by any comparison with earlier attempts to achieve the same end, this is pretty big stuff.

Personally I find myself wishing the new initiative every success, but from a safe distance. Although I reject the logic of capitalism and stand four-square with the forces of labour (small “l”) in its various battles I do not consider myself as being especially of the “left”. It’s not that I dislike what it stands for, I just seem instinctively to dislike the people it attracts.

In large part this could be a simple consequence of the treatment that I have personally received at the hands of much of it. A former extreme rightist who rejected unequivocally all things racist and fascist some two decades ago, I still have doors slammed in my face by local so-called “lefties” who seem to share an almost pathological dedication to the cause of keeping alive my 1980s incarnation as an NF rabble-rouser, for reasons which only a qualified shrink would venture to probe. Whilst this causes me no loss of sleep whatsoever it does make for an interesting psychological and sociological study of the mentality of those concerned.

There have, of course, been others formerly of the extreme right who have seen the light and whose bona fides have been accepted by the generally left-dominated anti-fascist movement. So why am I regarded differently?

The only possible, logical answer is that despite my unqualified rejection of racism and fascism I remained a fierce critic of the political establishment, and of Labour in particular (for the simple reason that Labour was the party in power in my own neighbourhood, to which I effectively retreated). There is absolutely nothing else that differentiates me from other former fascists who have gone on to be actively involved in the anti-fascist movement.

So in other words the “anti-establishment” left rejected me because I rejected the establishment! C’est la vie.

This enforced separation between myself and the local representatives of this peculiar tendency in British politics led me to the view, which I have held for so many years, that the “left” in this country is utterly incapable of disengaging itself in its own mindset from the Labour Party – a party which for the most part accepts the Tory austerity agenda, enthusiastically supports capitalist wars, competes with the parties of the right in a perpetual willy-waving contest over who can strike the most macho postures on immigration, and voted down proposals to diminish the power of the House of Lords.

But there is another reason why I do not feel I belong to the “left” and that is its obsession with economic issues seemingly to the exclusion of all else. Yes we should resist attacks on benefits, low wages, diminution of employment rights, privatisation, the dismantling by stealth of the NHS and all the rest of it, but the empowerment of people travels hand-in-hand with the disempowerment of capitalism and that is something that the “left” just never seems to show an interest in. Taking power out of the hands of the bosses and placing it into the hands of bureaucrats and political apparatchiks does not a revolution make.

Yet on the other hand there is something irresistible about the rapid progress of the Left Unity initiative. In this mass communications age it is just about possible to create a really viable alternative without having access to millions of pounds and the Murdochs. What is really needed to make it happen is a vacuum, and the vacuum that exists on the left of British politics with the betrayal by Labour is immense.

What we could feasibly see within the space of a few years is a complete readjustment of the political dynamic, with the right broadly aligned to UKIP and the left organised around something like Left Unity. Whilst I have no brief for UKIP I admit nevertheless to some excitement about the prospect of the old establishment losing its grip in such a way.

Thursday, 10 May 2012

Greece is the Word

I admit to some amusement over the current situation in Greece.

I am not anti-EU. I am, however, deeply opposed to the way in which faceless bankers and unelected powers behind the scenes appear to be pulling the strings ever more openly on the world scene, and am a tad frightened by the fact that they no longer seem to feel the need to even try to hide the fact. We have whole countries now being governed by "technocrats", completely bypassing the whole democratic process with barely so much as a murmur being heard in protest.

The faceless ones are demanding that Greece implements an austerity package to comply with the terms of their bailout. In other words, despite not being answerable to the Greek electorate nor even Greek they assume for themselves the right to determine Greek political and social policy.

But there was one very small impediment to their plans that appears to have seemed to them so irrelevant that it may have been entirely overlooked, and that was that the Greek electorate didn't actually want the austerity programme imposed on them. That electorate took a savage revenge on the international financial establishment by massively rejecting Pasok, the party that had dominated Greek politics for most of the past four decades, leaving it with just 41 seats in a parliament of 300.

Now the financial powers that be are left scratching their heads wondering what went wrong, and in the absence of a coalition with a working majority Greece may be heading back to the polls to see whether it can get it right the second time around.

Sadly voters in the UK are unable to exercise a similar power of veto as the faceless ones have effective control of all the major political parties, as well as the mainstream media which is able to downplay or to rubbish any attempt from beyond the approved parties to challenge their hegemony.

And so, whilst we enjoy a veneer of democracy and indeed even retain the right to bomb and invade other countries which may feel inclined to do things differently, in truth the international financial establishment enjoys a stranglehold which it doesn't yet have over the good people of Greece.

No doubt they will think of something to avert their Greek tragedy, but it has been fascinating to watch all the same. Interesting times.