Wednesday, 31 October 2012


Austerity and Political Balkanization: The Rise of Separatist Agitation in Europe

'Recent months have seen one example after another of gains for parties advocating the creation of new, small states in Spain, Belgium, Italy, Scotland and elsewhere in Europe.
The growth in support for such tendencies has been fuelled by the savage cuts and austerity measures being imposed by central governments on the instructions of the troika—the European Union, European Central Bank and International Monetary Fund—at the behest of the banks and global speculators. But the exploitation of legitimate social grievances does not mean that the political beneficiaries represent the interests of the broad masses who are being exploited.'