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| Venezuela
After Venezuela’s elections: defeat for the right, challenges for the leftAt the beginning of October, much of the world’s media descended on Caracas hoping to report on the end of an authoritarian regime. “Too close to call” was the refrain on almost every network. Market analysts at places like Barclay’s Capital urged investors to pile into Venezuelan debt on the assumption of an opposition victory. Months earlier Robert Zoellick, then still head of the World Bank, revelled in the certainty that Chavez’ days were numbered. Better still, Chavez’ defeat would put a stop to Venezuela’s subsidies to Cuba and Nicaragua and spell the end for those ’regimes’ too, bringing “an opportunity to make the Western Hemisphere the first democratic hemisphere”. When those pictures came out a week before the poll, of tens of thousands at the final opposition rally, it seemed they might be right. Many of us had forgotten that the Venezuelan opposition turned out dozens of equally massive rallies and marches back in 2002 to 2004. Even among left activists there were more and more of us mumbling about whether there was really much to save in the Bolivarian revolution. -> read article... |
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| Sri Lanka
Can the Frontline Socialist Party revive the left? ,
More than 5,000 people packed Colombo’s Sugathadasa stadium for the inaugural conference of the Peratugami Samajawadi Pakshaya (Frontline Socialist Party – FSP) on 9 April 2012. Most were members and sympathisers of this new Left party – a breakaway from the Janatha Vimukthi Peramuna (Peoples’ Liberation Front – JVP); but many representatives of other radical Left parties, Left intellectuals, and progressive social activists were also in attendance. The emergence and consolidation of the FSP is an important and hopeful development for the revival of peoples’ movements in Sri Lanka in the post-war era, following decades of retreat of the labour and left movements. -> read article... |
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| Spanish state:
The bank hurricane continues along its path of destructionAll eyes are turned toward Spain and its banking sector. After Greece, Portugal and Ireland, we may ask ourselves if the bailout plans are behind us or whether we are simply in the eye of the cyclone? We must remain lucid and recognize that the financial and banking crisis is far from over, both in Europe and the United States. It will have long-lasting repercussions on the rest of the world economy, and on living conditions everywhere. Yet, in Europe, in the first quarter of 2012, the major media outlets backed the declarations made by European leaders, and representatives of the ECB and private banks to convince public opinion that the policies implemented had enabled the banking system to be stabilized. -> read article... |