Greek capitalism is in a deep crisis.
It is the weak link in the chain and it is beginning to break. The
country risks defaulting on its debt repayments, posing a serious
threat to the stability of the euro. Severe austerity measures are
being imposed and these are provoking a working class backlash.

In just over two years time London will be staging the 2012 Olympic
Games. However, before then we have the Winter Olympics, taking place
this year in Canada. So how does the Canadian working class view this
‘great event?’ 

The Capitalist crisis has plunged the
state of California into its worst budget crisis in history. Billions
of dollars have been already slashed from the budget and billions more
will be cut this year in order to“fix” the shortfall of $20.7 billion.
Unable to find any other solution on the basis of Capitalism, workers
and students will bear the brunt of these cuts. The students have
already fought back on several occasions with strikes and occupations.