Greek Government Announces New Cuts Amid Mass Opposition
Submitted on June 13, 2011
By Stefan Steinberg and Alex Lantier - 13 June 2011
The privatizations and the cuts — a combination of property and consumption tax increases and cuts in public spending and social services — entail forcing the working class in Greece to submit to a naked dictatorship of Greek and international capital. They amount to an unprecedented transfer of social wealth into the hands of the financial aristocracy.
