International Viewpoint, the monthly English-language magazine of the Fourth International, is a window to radical alternatives world-wide, carrying reports, analysis and debates from all corners of the globe. Correspondents in over 50 countries report on popular struggles, and the debates that are shaping the left of tomorrow.
Fascism has been, over the last decade, and especially more recently, an object of vigorous debate on the left. But, as a long editorial from the Salvage collective bemoaned about debates over what to make of Russia’s war on Ukraine, much of this debate has been stuck in the ditch of historical analogy. Is Trumpism more like Mussolini’s or Hitler’s fascism? When we stack up all the measures of rights violated and attacked, does the far right today pass the test of comparison with major fascist events of the 20th century?
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The Together Alliance march against the far right on Saturday, 28 March, was probably the biggest anti-fascist protest in British history. It was comparable to some of the early Palestine solidarity demonstrations.
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Local elections were held in France on 15 March (first round) and 22 (second round). The confusion that has emerged, one year before the presidential election, is a sign of a fragmentation of the central bloc and the right, which is likely to produce a shift towards the far right and, in the face of this, a splintering of the forces of the Nouveau Front populaire (New Popular Front - NFP) which compromises the construction of a unitary alternative.
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Never had a military initiative of the Lebanese Hezbollah (literally, Party of God) been so much repudiated in Lebanon as its decision on March 2 to launch rockets across the country’s southern border with the Israeli state, in retaliation against the killing of Iran’s Supreme Leader Ali Khamenei. This opening salvo was immediately seized upon by the Zionist state as a pretext to launch a long-premeditated invasion of southern Lebanon.
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Land Day, on 30 March, marks a central moment in Palestinian history: in 1976, a general strike broke out in historic Palestine against the confiscation of land belonging to Arabs by the state of Israel. It was the first mass mobilization of Palestinians in the 1948 territories, where they are supposed to be “equal”. The targeted lands are located in particular in Sakhnin, Arraba and Deir Hanna, as part of the policy of “Judaizing Galilee”. On that day, six unarmed Palestinians were killed by Israeli forces during demonstrations. 50 years later, the Palestinians are still there and continue to fight against the confiscation of land and the bloody repression of the Israeli state.
read article...The eurozone banks have the monopoly of lending to the public sector. It is prohibited for the ECB and the eurozone’s central banks to grant loans to public authorities (see box on the ECB). The governments in the eurozone have the possibility of borrowing from publicly owned banks where they still exist, but they do not do so.
Government aid is made up of guarantees, and injections of capital in order to recapitalize the banks. In the period from October 2008 to December 2011, €1,174 trillion (9.3% of EU GDP [1] ) worth of guarantees were underwritten by European Governments as a contingency measure. To these guarantees must be added €442 billion (3.5% of EU GDP) of public capital support to banks. During 2012 and 2013 the recapitalizations continued: about €40 billion in Spain in 2012 alone, more than €50 billion in Greece, about €20 billion in Cyprus, €4 billion more for Dexia bank in Belgium, €3.9 billion for Monte dei Paschi in Italy, €3.7 billion for the Dutch bank SNS, €4.2 billion in Portugal on top of the Portuguese bail-out of the Banco Esperito Santo in July 2014., not forgetting Ireland, Slovenia, Croatia This assistance was granted without any government supervision of the use made of the funds. [2]
Since the banking bubble burst in 2007, the major Central Banks of the most industrialised countries lend massively to private banks at very low interest rates in order to avoid their failure, thus permitting the big banks that take the most advantage to save considerable amounts in interest payments.
We all know the saying “Too big to fail.” In managing the crisis the banks have caused, the governments of the industrialised countries have adopted a new doctrine that might be summed up as “Too big to jail.”
The first round of the local elections took place against a backdrop of widespread creeping fascism in France and comes after a brutal offensive by the far right, during which the traditional ‘Republican’ right has decisively broken from much of its historical framework and values.
- read article...The majority of the party votes to maintain its autonomy and a commitment to social change.
- read article...After 59 days of unjust imprisonment, Lyes Touati has finally been acquitted - 59 days of waiting, mobilization, solidarity and determination.
- read article...International Viewpoint is published under the responsibility of the Bureau of the Fourth International. Signed articles do not necessarily reflect editorial policy. Articles can be reprinted with acknowledgement, and a live link if possible.
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