[D66] Greece is the latest battleground in the financial elite’s war on democracy

[J.N.]

http://www.theguardian.com/commentisfree/2015/jul/07/greece-financial-elite-democracy-liassez-faire-neoliberalism

Greece is the latest battleground in the financial elite’s war on democracy


Starving people clamour at the gates of a workhouse during the Irish
famine,'One eighth of the population was killed – one could almost say
murdered – by the British refusal [to set] policies that offended the
holy doctrine of laissez-faire economics.'

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Tuesday 7 July 2015 18.14 BST

George Monbiot

>From laissez-faire economics in 18th-century India to neoliberalism in
today’s Europe the subordination of human welfare to power is a brutal
tradition

Greece may be financially bankrupt, but the troika is politically
bankrupt. Those who persecute this nation wield illegitimate,
undemocratic powers, powers of the kind now afflicting us all. Consider
the International Monetary Fund. The distribution of power here was
perfectly stitched up: IMF decisions require an 85% majority, and the US
holds 17% of the votes.