It was after midnight on July 15 when the Greek parliament finally approved the deal demanded by the Troika. The vote was met with strike action, demonstrations, a rebellion by 38 Syriza MPs and the opposition of the majority of the party’s Central Committee members. Tsipras – and Greece – now faces an extremely politcally turbulent period ahead.

In this epoch of capitalist crisis, it is only a short step from an amorphous striving for basic rights and modest reforms to drawing fully revolutionary conclusions. From the Greek referendum to Bernie Sanders’ campaign for president of the USA, it is clear that a process of radicalisation is taking place across the world, as people look for a genuine alternative to the status quo.

To add to the turmoil of Greece and the Euro Crisis, there is now the sudden collapse of the Chinese stock market, which has been so vast that even the mighty Chinese government is incapable of controlling it. The world economy is tottering, and these latest events in China are yet another sign of the diseased economic system that is capitalism.