A series of defensive and sectional struggles at workplaces in the private sector reveal that the Greek industrial capital has already taken advantage of the new institutional framework of the “state ...

How does one take an autonomous position against the European policies of social butchery without falling into nationalist, anti-German nostalgia or into rhetoric against “Anglo-Saxon speculation”? Ho...

We should be clear: almost none of the huge amount of money loaned to Greece has actually gone there, says Joseph Stiglitz, former chief economist of the World Bank and a Nobel Prize winner in economi...

The 'Greek crisis' is not about debt. Debt is the propaganda that the Empire is using to subdue sovereignty throughout the Western world.

Greece has indeed become an example. But it is an example of the horror that the eurozone's monetarists seek to impose on one economy after another, using debt as a lever to force privatization sellof...

The financial crisis represents the end of an era in which greed and casino-madness had been given free rein by market deregulation and rising debt.

Four years after the beginning of the crisis, the neoliberal elite is trapped by the contradictions of the system on which its wealth depends.

Our spotlight this issue is on the debt crisis facing Greece. To understand the crisis, one has to look beyond the mainstream media to alternative sources of information. We've done that, with article...

On August 1, 2015, Puerto Rico defaulted on part of its enormous $72 billion debt, paying back only $628,000 on a relatively small $58 million loan that was due at the start of the month. The default,...

Michael Hudson and Bill Black zero in on some of the key elements of the crisis. They point out that it is not really 'Greece', let alone the Greek people, who have contracted this debt and who have b...