Crisis of the euro is a crisis of capitalism – the only way out is revolution

Recently Angela Merkel was warning that peace in Europe could be endangered if an agreement was not reached at the EU summit on how to manage the crisis that has engulfed the euro and the whole of the EU economy. Speaking to the German parliament she said, “No one should think that a further half century of peace and prosperity is assured. It isn't. And that's why I say if the euro fails, Europe will fail, and that mustn't happen." Some of the more serious strategists of capital have even raised the prospect that the euro could break up. The 27 EU leaders on Wednesday night, however, finally produced a three part deal.

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Greece: The first death, but millions are in an all-out struggle

On Thursday in Athens during the mass workers' protests we saw the state collaborating with hooligans and provocateurs against the labour movement. What is now required is a political general strike! Here we publish a statement by the Greek Marxists of Marxistiki Foni. 

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Greece October 19-20: After earth-shattering general strike –what next?

Today (October 19th), the first day of the 48-hour general strike in Greece was sensational. Apart from the government and public utilities workers that participated in the strike massively, hundreds of thousands of workers from the private sector came out on strike for the first time, and also joining the millions of striking workers were tens of thousands of small businesspeople and shopkeepers who closed the shutters to their shops in solidarity.

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After the death of Gaddafi: Revolution and counterrevolution in Libya

The capture and killing of Colonel Gaddafi has been described in detail by the mass media in all its gory details. With the death of Gaddafi and the taking of Sirte the National Transitional Council is talking about forming a transitional government. The NTC is recognised by the imperialist powers whose interests it represents. However, many ordinary Libyans look with justified mistrust at the NTC and their imperialist backers.

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USA: Wall Street rocked by anti-capitalist protests – time to build a labor party!

Earlier this month Wall Street was rocked by a mass demonstration of over 15,000 people protesting against “corporate greed.” The crowd jammed the square and stretched for blocks along Broadway. This unprecedented protest was a manifestation of the mood of anger, bitterness and frustration that has been accumulating for years in American society, which had already previously erupted in the big demonstrations and walkouts in Madison, Wisconsin, culminating in the occupation of the Capitol.

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