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Greek Leaders Launch Anti-Troika Resistance Movement

"Sixty-five years after the defeat of Nazism and fascism, European people are today confronting a dramatic threat, this time not military, but a financial, social and political one. A new 'Empire of Money' has been systematically attacking one European country after another in the last 18 months, without facing any substantial resistance." So begins a call to action by 86 year-old Greek composer Mikis Theodorakis, and fellow octogenarian and historic figure in the Greek anti-nazi resistance, Manolis Glezos, who have formed the new anti-Troika movement, United Democratic Peoples Resistance (ELADA), officially launched on Feb. 6.

The four-page manifesto, released at the end of last year, warns that Europe faces the threat of a new "financial fascism," that "wishes to eliminate any notion of state in Europe.... It aims at making Europe and the world regress into a state like the one before 1945, or even before the French Revolution and the Enlightenment....

"In ancient times, the abolition, by Solon, of the debts which forced the poor to be slaves of the rich, the so-called Seisachtheia reform, laid the foundations for the birth, in ancient Greece, of the ideas of democracy, citizenship, politics and Europe, the foundations of European and world culture. Struggling against the class of wealth, the citizens of Athens led the way in the constitution of Pericles and the political philosophy of Protagoras, who declared that 'Man is the measure of all things.'

"Today, the wealthy classes are attempting to avenge this spirit of man: 'The markets are the measure above all men' is the motto that our political leaderships willingly embrace, in alliance with the devil of money, as Faust did."

After tracing the financial crisis of 2008 back to the last four decades of continuous deregulation and globalization, the manifesto calls for a "new European New Deal," and for an immediate end to the "attack against Greece and other countries of the EU periphery; we must stop the irresponsible and criminal policy of austerity and privatization, which leads directly to a crisis deeper than the one of 1929."

The statement calls for the radical restructuring of public debt "across the Eurozone, particularly at the expense of the private banking giants. Banks must be re-controlled and the financing of European economy must be under national and European social control....We must ban uncontrolled financial derivatives, which are the spearhead of the destructive financial capitalism, and create real economic development, instead of speculative profits."

The manifesto calls for a "radical change of all EU Treaties," a "change of paradigm, a return to the stimulation of growth through the stimulation of demand, via new European investment programs," as well as new regulation, taxation and control of international capital and commodities flows."

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