Greece may be the clearest example yet of where the U.S. working class is headed. Greek workers voted NO on austerity and their will – like the will of U.S. workers – is being completely ignored. The Greek working class is being screwed because it does not have the political power to fight the big European banks and financial institutions that are using their governments to insist repayment of their loans is more important than the welfare of the Greek people. It doesn’t matter that they made predatory and usurious loans which Greece could not repay. It doesn’t matter whether there are food shortages, shortages of oil and gas, shortages of medicine and medical care. It doesn’t matter if unemployment rises until Greek workers scream for mercy. The global money managers make sure they get theirs first.
In the U.S., with the 2008 recession that was engineered by big banks and financial interests still strangling working families, workers face the same enemies the Greek people face. As we saw in the Big Bank Bailouts of 2008, we have laws that protect the ability of corporations to make profits. Huge corporations like Apple and Google are allowed to evade taxes, offshore profits and enrich themselves rather than enriching the society. No such luck for workers, who get only a broken social contract and a tattered safety net. For a stinging look at how “capitalism . . turns everything, including human beings and the natural world, into commodities to be exploited until exhaustion or collapse,” CLICK HERE to read Chris Hedges on how “We Are All Greeks Now.”