International Viewpoint - online socialist magazine

• Turkey/Kurdistan

  Türkiye: From the Kurdish movement to mass mobilizations

  6 September, by Uraz Aydin

  On the occasion of the agreement on the dissolution of the PKK, Uraz Aydin presents the history of this movement and the evolution of the protest against the Erdoğan regime.

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• Palestine solidarity

  What if Genoa wasn’t an anomaly?

  5 September, by Marco Bertorello

  The large mobilization for the Global Sumud Flotilla is a barometer of the social climate. And it tells us that there is still room for humanity.

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• Economy and Ecology

  Storm in a Coffee Cup – a catalogue of global warming effects

  4 September, by Phil Hearse

  What does the crisis in the coffee industry tell us about global warming? The links between climate, economy and the precarity of workers.

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• Denmark/Ukraine

  Return from Ukraine

  3 September, by Bjarke Friborg

  The Nordic left is making great strides in its thinking on questions of popular defence and security in Europe. This reflection is nourished by its sustained and permanent commitment in favour of Ukraine. It actively supports Ukrainian trade unions and social movements as well as progressive anti-fascist fighters who combat Russian imperialism.

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• Canada

  More pay, but less union democracy - A complicated strike victory at Air Canada

  2 September, by David Camfield

  After an inspiring four days on strike, Air Canada flight attendants are now voting on a tentative agreement (TA) that offers significant gains in pay. To get the TA, however, union officials also agreed to sacrifice the workers’ right to reject the whole deal and fight for more. Canadian socialist David Camfield explains the unusual circumstances of this struggle—and the unusual deal that ended it.
  Flight attendants at Air Canada (AC) and Air Canada Rouge, around 10,500 workers, went on (…)

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...and the rest of the current issue

• USA

  Trump Fires Top Officials, Seizes Control of American Cities

• Indonesia

  Prabowo: Stop State Violence, Revoke Parliamentarians’ Facilities and Allowances, End Repression Against Mass Action, Provide Justice for Victims

• Ukraine

  Visiting a secret anarchist warehouse in Ukraine

• South Africa

  If only land were expropriated in South Africa…

• Famine

  Palestine, Sudan, and the Global North’s Indifference

Recently posted Features

• Series : Bretton Woods, the World Bank and the IMF : 70th anniversary (Part 8)

  World Bank and IMF support to dictatorships

  29 September 2014, by Éric Toussaint

  After the Second World War, in a growing number of Third World countries, policies diverged from those of the former colonial powers. This trend encountered firm opposition from the governments of the major industrialised capitalist countries whose influence held sway with the World Bank (WB) and the IMF. WB projects have a strong political content: to curtail the development of movements challenging the domination/rule of major capitalist powers. The prohibition against taking “political” and “non-economic” considerations into account in WB operations, one of the most important provisions of its charter, is systematically circumvented. The political bias of the Bretton Woods institutions is shown by their financial support to dictatorships ruling in Chile, Brazil, Nicaragua, Congo-Kinshasa and Romania.

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• Series : Bretton Woods, the World Bank and the IMF : 70th anniversary (Part 7)

  Domination of the United States on the World Bank

  9 September 2014, by Éric Toussaint

  The concept of the World as a huge bureaucracy, gradually freed from the influence of the US, is actually a far cry from reality. This mistaken conception is revealed in particular by the North American environmentalist Bruce Rich in his insightful book on the World Bank. [1] In real terms, the institution is firmly under the control of the US government which negotiates, with the governments of other major capitalist powers, the policies to be followed within the World Bank, and under its leadership. It has frequently failed to make the effort to reach a consensus with its principal partners (since the end of the 1950s, these are Japan, Germany, Great Britain and France) and it imposes its views directly on the Bank.

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• Series: Governments submit to “Too Big to Fail” banks (part 3)

  Private banks shamefully enjoy a monopoly of lending to the public sector

  8 September 2014, by Éric Toussaint

  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.

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• Series: Governments submit to “Too Big to Fail” banks (part 2)

  Governments make Gifts Galore to Private Banks

  8 September 2014, by Éric Toussaint

  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 [2] ) 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. [3]

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