spotArguments for socialism




spotAround the UK

All keywords

All Arguments for socialism subcategories:

Arguments for socialism

* Capitalism

Globalisation Anticapitalism


Capitalism keywords:

1929 (4)

Asset-stripping (9)

Austerity (1347)

Bankers (116)

Banking crisis (15)

Bear Stearns (3)

Blairite (26)

Bonuses (62)

Bourgeois (4)

Brexit (225)

British economy (20)

British politics (10)

Budget (379)

Capitalism (1059)

Capitalist (769)

Carry trade (1)

Coalition government (28)

Competition (32)

Credit crunch (20)

Debt (233)

Depression (24)

Economic crisis (103)

Economy (488)

Enron (2)

Euro (44)

Famine (2)

Great Depression (9)

Hedge funds (10)

Import controls (1)

Inflation (42)

Interest rates (28)

Jpmorgan (1)

Keynesian (8)

Keynesianism (4)

Lisbon Treaty (10)

Marriage (9)

Mortgages (21)

Northern Rock (34)

Oil (296)

Oppression (72)

Populism (8)

Private equity (11)

Profit (126)

Profit system (32)

Recession (127)

Rich (270)

Shares (20)

Shell (9)

Short-selling (2)

Social class (3)

Software (3)

Stock market (11)

Stock market crash (3)

Sub-prime (12)

Sub-prime market (2)

Subprime (10)

Tax (619)

Technology (35)

Universal Credit (63)

Wealth (87)

Wealth gap (15)

World economy (60)

capitalist crisis (39)

capitalist system (43)


Highlight keywords  |Print this articlePrint this article
From: The Socialist issue 857, 27 May 2015: Stop Tory welfare butchery

Search site for keywords: Greece - Austerity - Syriza - Government - Eurozone - Debt - Euro

Greece: subordination to Troika or rupture with austerity?

Xekinima (CWI Greece)

We are now in the fourth month of the Syriza-led government's term. The result of so-called "negotiations" with the Troika - European Union (EU), European Central Bank and International Monetary Fund - is zero.

The position taken by our so-called "European partners" is to demand every single instalment of debt repayment, without giving one single euro in new loans. This is a conscious policy of strangling the Greek economy with the aim of forcing Syriza to bend to their demands.

As a government spokesperson clarified, the Greek government has handed over 6.5 billion. In these conditions that is a colossal sum. It could help abolish the problem of survival faced by the hardest hit instead.

Syriza is continuing to make debt repayments in spite of the Troika's hostile stance. Stop retreating!

Syriza has abandoned cancelling the debt. It has compromised on privatisation. The anti-gold mining movement in Halkidiki is left suspended in mid-air.

Syriza has "postponed" a number of key measures - collective bargaining rights, a rise in the minimum wage, a Christmas bonus for poor pensioners, abolishing property tax for the poor, and more. Yet the Troika refuses to make any concessions.

Some recent polls give Syriza a mere 10% lead over right-wing New Democracy (ND). Not so long ago, the gap between Syriza and ND was about 25%. Syriza must tell the truth to the Greek working class - and not conduct secret diplomacy in the background, without workers knowing what is happening.

If the government refuses to concede, our Troika "partners" will force Greece to exit the Eurozone.


The international mass media is hosting an open discussion about 'Grexit' - Greek exit from the single currency. Major states, global institutions and think tanks are preparing for it. But the Greek ruling class, its political parties and mass media refuse to discuss this increasingly likely eventuality.

They are hiding behind the supposed "desire of the Greek people to remain, at all costs, in the Eurozone" - according to polls they themselves produce. But the picture presented by the media will prove entirely false and could change to its opposite if Syriza changes its position.

In spite of the bosses' best efforts, the question of a referendum on the Eurozone is now open talk in Greek society. We say: if a referendum or new election is called, it must not be on the basis of a rotten deal with the Troika simply to stay in the Eurozone.

It must be held on the basis of a clear proposal to leave the Eurozone as part of a pro-working class, socialist programme. This must be combined with fostering the mass movement. Syriza should help establish popular assemblies, with workplace and community action committees, so workers and young people can actively participate in the struggle.

Socialist programme

To be consistent with pre-election declarations, Syriza has no choice but to break with the euro and move to a socialist programme. This must include refusing to pay the national debt. The government must also bring the banks, and major corporations that control the economy, into public ownership - under the elected control and management of workers and the public.

The only escape from the Troika's attacks is democratic production and economic planning to meet the needs of the majority, not enlarge the profits of the capitalists.

If Syriza does turn to the bold, socialist policies needed to achieve its pre-election promises, the working class and poor will give their wholehearted support. There is only one condition for this: Syriza must decide to fight, and fight until the end!

Faced with a choice of "subordination or rupture", the Greek people will decide on the second without any hesitation. Generations of struggle prove this. It's time for the leadership of Syriza to make up its mind!

Donate to the Socialist Party

Coronavirus crisis - Finance appeal

The coronavirus crisis has laid bare the class character of society in numerous ways. It is making clear to many that it is the working class that keeps society running, not the CEOs of major corporations.

The results of austerity have been graphically demonstrated as public services strain to cope with the crisis.

The government has now ripped up its 'austerity' mantra and turned to policies that not long ago were denounced as socialist. But after the corona crisis, it will try to make the working class pay for it, by trying to claw back what has been given.

  • The Socialist Party's material is more vital than ever, so we can continue to report from workers who are fighting for better health and safety measures, against layoffs, for adequate staffing levels, etc.
  • Our 'fighting coronavirus workers' charter', outlines a programme to combat the virus and protect workers' living conditions.
  • When the health crisis subsides, we must be ready for the stormy events ahead and the need to arm workers' movements with a socialist programme - one which puts the health and needs of humanity before the profits of a few.
Inevitably, during the crisis we have not been able to sell the Socialist and raise funds in the ways we normally would.
We therefore urgently appeal to all our viewers to donate to our special coronavirus appeal.

Please donate here.

All payments are made through a secure server.

My donation


Your message: 


Join the Socialist Party
Subscribe to Socialist Party publications
Donate to the Socialist Party
Socialist Party Facebook page
Socialist Party on Twitter
Visit us on Youtube



Phone our national office on 020 8988 8777


Locate your nearest Socialist Party branch Text your name and postcode to 07761 818 206

Regional Socialist Party organisers:

Eastern: 079 8202 1969

East Mids: 077 3797 8057

London: 07748 534 891

North East: 078 4114 4890

North West 079 5437 6096

South West: 077 5979 6478

Southern: 078 3368 1910

Wales: 079 3539 1947

West Mids: 024 7655 5620

Yorkshire: 077 0671 0041



Alphabetical listing

July 2020

June 2020

May 2020

April 2020

March 2020

February 2020

January 2020