Nèdeem Elmahjoub's blog

'Civilized' "Europe's dirty secret"

1. Greece's model of capitalism under oligarchic PASOK. 2. Financial terrorism by the Troika 3. As Yannis Retsis says: "It is a crime." 4. "Tsipras is a traitor", many who voted aganist the bailout and more austerity say . The Greek tragedy ... Update: Forbes.com says that the IMF predicts that unepmloyment in Greece will to 12% by 2040! These are good news for those Greeks who could wait and find a job at the age of 60+.

Greece has become the world's most corrupt country. In a complete ungrateful move to the benevolent "international creditors", the Greek prime minister announced a one-off Christmas bonus for 1.6 million low-income pensioners.

The Crimes of Winston Churchill

Resistance hero Manolis Glezos still fighting for Greece at 93 The Greek Hero on the Beach

"How the refugee crisis became invisible"

Yes, not only in Greece and not only minimum wages.   In the time of the fall in the rate of profit, wages in general and everywhere, have to stay as they are or decrease in relative terms. "Destructive creation" in general has to accelerate if we want investment to resume and capitalist growth to follow suit. That's the recipe. Take it or leave it.

[Upon] closer scrutiny, the operation of retrieving, commemorating and mourning proves to be deeply problematic and hypocritical. For this tragic loss of life was not an unfortunate “accident” but the result of political decisions taken, amongst others, by the very state actors who are now claiming a high moral ground by recovering and mourning the dead. The forgotten 22,000 First of all, the 18th of April shipwreck is only one among many more incidents that have led to more than 22,000 documented deaths at sea over the last 25 years. These have been the structural product of EU migration policies that have denied legal access to EU territory to the impoverished citizens of the global South since the end of the 1980s. The militarization of border controls and their externalization to North African states has forced migrants wishing to reach EU territory to resort to smugglers and to take longer and ever more dangerous routes. Italy, as a “frontline” state of the EU, has for many

"The belt-tightening legislation, outlined in a 7,500-page omnibus bill, includes measures that range from the taxation of coffee and luxury goods to the creation of a new privatisation fund in charge of real estate assets for the next 99 years. Under the stewardship of EU officials, the body will oversee the sale of about 71,500 pieces of prime public property in what will amount to collatera l for the €250bn in bailout loans Greece has received since 2010." “They are with the exception of the Acropolis selling everything under the sun,” said Anna Asimakopoulou, the shadow minister for development and competitiveness. “We are giving up everything.” "At the behest of the EU and International Monetary Fund, the government has agreed to adopt tighter austerity in the form of an automatic fiscal brake – referred to as “the cutter” in the Greek media – if fiscal targets are missed." Greece pushes fresh austerity drive through parliament

The Wolf Report:Nonconfidential analysis for the anti-investor