The international bankers have stiff-armed the Greek Government and forced Prime Minister George Papandreou to drop the planned people’s referendum on the Euro zone bail-out. The decision to put the poverty-inflicting measures to a vote followed a marathon session of ministers and senior members of the ruling PASOK, the Pan Hellenic So…cialist Party, which ended…

On August 15, 1971, US President Richard Nixon changed the world capitalist economic order. What happened that day is the starting point of any understanding of the desperate crisis striking at the heart of the system in Europe and the United States. At a stroke, Nixon cancelled the convertibility of the dollar into gold which had underwritten…