Events in Greece are once again in the
headlines, after another day of militant strike action and the new
‘deal’ agreed by the EU today (Tuesday 27 Nov). This deal to reduce Greece’s debt is
completely inadequate to solve the problem and is an insult to the Greek
working class, who have now endured years of brutal cuts whilst the EU
dithers. The only real solution to Greece’s problems is for the debt to
be cancelled and for the expropriation of capitalism in Greece and
Europe.

Anger was simmering on Tahrir Square yesterday as hundreds of thousands poured in to the square to protest against Egypt’s President Mohammed Morsi and his ruling Muslim Brotherhood (MB). Across the square large banners were inscribed with slogans such as “The Muslim Brotherhood has stolen the revolution” and “The Muslim Brotherhood are liars”. Throughout the day a seemingly never-ending stream of marches reached the square from all over the ancient city. In size and radicalism yesterday’s protest was equalled only by those that overthrew the hated dictator Hosni Mubarak in January 2011.

At the moment, the Chinese capitalist
class, on the whole, is happy to go along with the status quo. They see
no alternative, and are terrified of lifting the lid on the anger of the
working class, therefore they seek stability at all costs.