The
financial crisis in Greece is constantly in the headlines and focusing
everyone’ attention on what it could lead to. As we have explained
before, the reason for this is not due to the objective economic weight
of the Greek economy within European and world capitalism. In absolute
terms Greece only accounts for 2% of the European Union’s GDP and even
its public debt is only 3% of the total public debt of the Eurozone. The
point is, however, that Greece is the weakest link in European
capitalism which is now at the centre of the global capitalist crisis.

Last week Wall Street was rocked by a mass demonstration of over 15,000 people
protesting against “corporate greed.” The crowd jammed the square and
stretched for blocks along Broadway. This unprecedented protest was a
manifestation of the mood of anger, bitterness and frustration that has
been accumulating for years in American society, which had already
previously erupted in the big demonstrations and walkouts in Madison,
Wisconsin, culminating in the occupation of the Capitol.

“Enough is enough! We are the 99%!”
This is the sentiment being expressed by the brave youth now occupying
Freedom Plaza in New York City, just a few feet away from Wall Street.
This is the pent-up feeling of millions—no—billions of people around the
world. Enough unemployment! Enough war! Enough poverty! Enough
discrimination!"  The Wall Street campaign is growing – here is what the US Marxists have to say.