Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-11-15-Speech-2-198-000"
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"en.20111115.27.2-198-000"2
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"Madam President, I abstained on this report as it does not go anywhere near tackling the dictatorship of the markets that exists in our society. The extent of that dictatorship has been seen very clearly in the past week, which has been reminiscent of Europe’s colonial era. The same arguments have been used to impose technocratic governance on Italy and Greece, with the argument that the people are not capable of governing for themselves, with the same result that the basic democratic right of people to elect their government comes second to the needs of the market, second to the needs of the bankers, second to the profits of the elite in our society.
These technocrats who have been appointed are not neutral between the 1% and the 99%. Until the weekend, Mr Mario Monti served as an adviser to Goldman Sachs. Mr Papademos has spelt out how the interests of the bankers must be protected in writing down Greek debt. Their mandate comes not from the people of Italy or Greece or the rest of Europe, but comes from the markets. It is a mandate to continue the savagery of people’s living standards in the interests of the elite. Above all, what is needed again is a European-wide fight back, the need for a European-wide struggle against austerity and against the rule of these elites. What is needed is a European-wide strike."@en1
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