The deal imposed on Greece in the early hours of July 13 after an all-night Euro summit can only be described as a humiliating capitulation. Greece has basically given up sovereignty to the Troika. This deal will not work, but will create further political and economic instability, whilst exposing deep rifts within the European Union.

The victory of the OXI in the referendum is being quickly turned into its opposite. The government has sent a proposal to the Troika which in essence represents accepting what people rejected in the referendum on Sunday. Opposition is growing in the ranks of Syriza and beyond, among the Greek working masses aroused by their victory in the referendum.

Bernie Sanders, the Democratic Party candidate for president of the United States, has attracted huge crowds and generated enormous enthusiasm across the country. He calls himself a socialist and urges a “political revolution against the billionaire class.” What does Sanders’ campaign reflect and represent? And how should revolutionary Marxists approach it?