Geography Archives: Spain

  • UNASUR: An Emerging Geopolitical Force

    Earlier this month, as the US loudly complained about Venezuela’s decision to purchase arms from Russia, South America’s ministers of defense came together in Guayaquil, Ecuador and put the finishing touches on an agreement to develop common mechanisms of transparency in defense policy and spending.  The agreement, which also calls for the creation of a […]

  • Spain: The Cut

    Zapatero: Not to worry!  Conversely, if you workers provoke an economic crisis someday, we’ll make them pay for it. Bernardo Vergara is a Spanish cartoonist.  This cartoon was published in Territorio Vergara (a blog of Público) on 13 May 2010; it is reproduced here for non-profit educational purposes.  Translation by Yoshie Furuhashi (@yoshiefuruhashi | yoshie.furuhashi […]

  • Socialist $O$ in Spain

    $O$ Will exchange lifetime socialist jacket for lifetime Popular Party jacket Juan Kalvellido, born in Cádiz, Andalucía, Spain in 1968, is a working-class cartoonist who has never stopped believing in revolution.  He currently lives in Fuengirola, Málaga, Spain.  This cartoon was published by Rebelión on 18 May 2010.  Translation by Yoshie Furuhashi (@yoshiefuruhashi | yoshie.furuhashi […]

  • Market Irrationality in the Eurozone

    Markets can be irrational, as Keynes famously pointed out, and the Eurozone/Greek crisis is a classic example.  “The markets” for months have been demanding more blood from Greece, as the financial press has continuously and often unquestioningly reported: more commitment to spending cuts, tax increases, and “procyclical” policies that the bondholders, EU authorities, and the […]

  • Spain: Transition from Dictatorship

    The transition . . . at the expense of victims of Francoism. Eneko Las Heras, born in Caracas in 1963, is a cartoonist.  This cartoon was published on his blog . . . Y sin embargo se mueve on 9 April 2010.  Spanish judge Baltasar Garzón was indicted, and suspended from his post on 14 […]

  • The European Union’s Dangerous Game

    Perhaps the wild swings in financial and stock markets over the last week will make people give closer scrutiny to what is going on in Europe, which would be a good thing for the world.  According to most news reporting, markets are worried about a potential default by Greece on its sovereign debt, and the […]

  • Venezuela Is Not Greece

    With Venezuela’s economy having contracted last year (as did the vast majority of economies in the Western Hemisphere), the economy suffering from electricity shortages, and the value of domestic currency having recently fallen sharply in the parallel market, stories of Venezuela’s economic ruin are again making headlines. The Washington Post, in a news article that […]

  • Class Struggles and National Debts

    The political conflicts and street battles in Greece today foretell what is coming to many countries including the US.  The struggles are basically over what the government spends on and who pays the taxes.  In today’s class-divided societies, classes differ over what governments should do and who should pay the taxes.  Governments in such societies […]

  • The Greeks and Angela Merkel

    Pity poor Angela!  The rock is Greece and its economic woes.  The hard place is North Rhine-Westphalia, where an extremely crucial election is due on May 9th — very soon but not soon enough!  And Chancellor Merkel is caught directly in the middle! Europe and the world have been waiting for Germany to commit itself […]

  • Greece: Who Needs “Success Estonian Style”?

    As I have noted previously, Latvia has experienced the worst two-year economic downturn on record, losing more than 25 percent of GDP.  It is projected to shrink further during the first half of this year, before beginning a slow recovery, in which the International Monetary Fund (IMF) projects that it will not reach even its […]

  • The Birth of a New Nation

    today, in a free clinic near the mean streets in the city of angels 6000 hardscrabble members of Marx’s always unpopular reserve army of unemployed, and their blank-faced children lined up uncomfortably outside of the Los Angeles Sports Arena to get their yellow wristbands their once-in-a-million ticket to see in the flesh a dentist, a […]

  • Greece, Again: Demystifying “National Debt”

    Yet again, business leaders, politicians, academics, and media are blowing smoke around Greece’s efforts to cope with “national debt” problems.  Something far more important for the world than this small country’s financial travails is at stake.  Indeed, what is at stake affects us all.  What is happening in Greece parallels developments everywhere; only details and […]

  • “Progressive Exit” from the Eurozone

    The crisis facing the eurozone looks at first sight as German efficiency clashing with Portuguese, Irish, Greek and Spanish sloppiness.  But in many respects Germany has performed worse than the “peripheral” countries in the last decade.  The largest economy of the eurozone has been marked by slow growth, poor domestic demand, weak investment, high unemployment, […]

  • PIIGS Countries, Being Led to the Slaughter, Should Rethink Euro

    As the EU summit meeting convenes, Greece is dominating the agenda much more than Germany’s Chancellor Angela Merkel had wanted.  This week she has thrown cold water on the idea that Germany and other EU countries would take responsibility for helping Greece to roll over some of its debt, handing that job off to the […]

  • On the Greek Crisis

      Jayati Ghosh: What’s happening to Greece is in an interesting way what many developing countries have gone through.  It’s really an inability to have independent monetary and fiscal policies, combined with a fact that during the boom it was chosen as a favorite destination, which creates a situation where you then become uncompetitive.  Suddenly […]

  • What Are the Real Threats to Democracy in the Americas?  A Honduran Constitutional Convention and the New Cold War of the U.S.A.

    On March 10, the U.S. House Subcommittee on the Western Hemisphere held a hearing to chart the course of their agenda in the Western Hemisphere over the coming year. On March 12-15, the National Popular Resistance Front in Honduras (FNRP) held a national meeting to pave the way for a Honduran Constitutional Convention, even in […]

  • The Greek Tragedy and the European Crisis, Made in Germany

    It is sad and surprising that among the deluge of comments and letters on Greece in the European papers in the last few weeks, not one has gotten the most crucial point about the crisis.  Most commentators treat Greece’s domestic problems and those of other southern members of the European Monetary Union (EMU) as if […]

  • New York Times Calls for “Payback,” Psychs Up for Assault on “Entitlements”

    An article in yesterday’s New York Times, from the Business Section, titled “Patchwork Pension Plan Adds to Greek Woes” is the latest in a series strikingly titled “Payback Time.” A friend of mine used to like to say: “The New York Times is the voice of the enlightened bourgeoisie.”  This article conjures up that phrase. […]

  • Greece: This Is Just the Beginning!

      The austerity measures imposed on Greek workers to reduce the deficits are nothing but a prelude of what may happen to the other European countries.  The Greek crisis demonstrates the divisions in the ruling class on the strategies to adopt. For the second time since December 2008, Greece is at the heart of politics […]

  • An “Economic Guernica” for Greece

      A street of Guernica after the fascist bombardment of 26 April 1937 Greece faces a veritable economic Guernica, a massacre, in the face of which the European Left shows an unforgivable passivity.  What is imposed on Athens is meant as an example, to strike terror into Spain, Portugal, and even Italy.  But even France, […]