In view of the situation in Greece, and following the breakdown in the negotiations by the Eurogroup, Podemos wishes to communicate the following:
1.- Last Monday, the Greek government presented a proposal to the Eurogroup which included important concessions and was unanimously welcomed by the lenders as being reasonable and viable. In the following days, however, the international creditors led by the IMF did not accept the Greek government’s proposal to tax the wealthiest sectors of society, restructure the debt and launch an investment plan to revive the economy. Instead, they demanded to raise VAT on basic services and food and required further cuts on pensions and wages. In their effort to demonstrate that there is no alternative to austerity, the creditors only seem to accept the money of the poor, and insist on imposing the same logic and measures that led the country into a humanitarian disaster. The Greek economy is asphyxiated. To keep strangling it is the precise opposite of what must be done.
The EU refused to grant Greek banks extra credit, forcing their closure for seven days until the outcome of a national referendum on the bailout called by Greek prime minister Alexis Tsipras. Paul Mason, Economics Editor for Channel 4 and author of Why It's Still Kicking Off Everywhere, writes on how the Eurozone has reached its nadir.
Anger and injustice need hearing, not treating, argues William Davies in his new book The Happiness Industry: How the Government and Big Business Sold Us Wellbeing. In the article below, originally published by openDemocracy, Davies explores the roots of today's flourishing wellbeing industry and asks whether shifting our focus to unhappiness might in fact be "healthier" for society as a whole.