Europe’s Fascist Drift Will Only Benefit Bankers and the Elites
A sticker saying "No Thanks" is posted on a controversial pla-
card that was used by supporters of Switzerland's campaign to
ban minarets. (Photo: Associated Press / Der Spiegel)
Europe’s anti-austerity popular revolt is not benefitting the political parties of the authentic left that should be reaping electoral support from disaffected workers, pensioners, and students. Instead, the parties of the far-right, which are in lockstep with the corporate-fascist goals of multinational banks and corporations, are gaining in strength. The parties of the far right stand to upend Europe’s bourgeois supranational infrastructures in favor of a group of nationalist governments that will continue to take their orders from the international mega-corporations and banks that have always been more favorably disposed toward fascist regimes than democratic conservative or even bourgeois socialist governments.
It is ironic that many nations are drifting toward fascism as a result of severe austerity measures imposed by the International Monetary Fund (IMF) and, in the case of Europe, the European Central Bank. The corporate-owned media provides fascist parties like Jobbik in Hungary and Golden Dawn in Greece with massive coverage while actual left-progressive parties like SYRIZA in Greece receive minimal coverage. In fact, SYRIZA’s leader, Alexis Tsipras, was criticized by much of the corporate media for attending the funeral of Venezuela’s socialist president Hugo Chavez. While the corporate media expresses doubt that Tsipras could ever become a Greek Chavez -- a leftist leader willing to kick out NATO once and for all and move Greece into a progressive socialist camp where the ultra-wealthy are forced to give back what they have stolen from the Greek people -- the fascist Golden Dawn is given more of a chance of achieving political power. And that would be fine for the tax-avoiding Greek billionaires who have hidden their wealth abroad while Greek workers, pensioners, the disabled, and students have been forced into penury by the dictates from the bankers in Frankfurt, London, Brussels, and Washington.