World-News

Chronis Polychroniou, Truthout: "We live in critical times. Global capitalism has plunged much of the world in a crisis of unprecedented proportions and is causing misery and suffering for millions of people. Economic insecurity, mass unemployment, declining wages, poverty, social marginalization, crime, fear and social decomposition are now defining features of many advanced societies. With growth concentrated largely on speculative financial activities and the suppression of wages, wealth is so unequally distributed in many advanced capitalist societies that the social and historical boundaries between rich and poor nations have completely broken down. Wealth and poverty coexist in close proximity in many cities in advanced societies just as they do in the less developed world."

http://www.truthout.org/europe-iron-grip-neoliberal-fiscal-discipline-and-anti-labor-measures60177



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