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An anti-austerity march in London, June 2014. (Photo available at https://www.flickr.com/photos/ zongo/14288417829/in/photolist.) ©2014 by David Holt (CC BY-SA 2.0) 578153 NLFXXX10.1177/1095796015578153New Labor ForumFeffer research-article2015 New Labor Forum 2015, Vol. 24(2) 64 –70 The Collapse of Europe? Copyright © 2015, The Author(s) DOI: 10.1177/1095796015578153 nlf.sagepub.com What Next after Greece? John Feffer Keywords capitalism, austerity, elections, globalization, liberalism Europe won the Cold War. gap with the richer half of the continent. And the Not long after the Berlin Wall fell a quarter highly indebted periphery is in revolt. of a century ago, the Soviet Union collapsed, Politically, the center may not hold and the United States squandered its peace dividend things seem to be falling apart. From the left, in an attempt to maintain global dominance, parties like Syriza in Greece are challenging the and Europe quietly became more prosperous, EU’s prescriptions of austerity. From the right, more integrated, and more of a player in inter- Euroskeptic parties are taking aim at the entire national affairs. Between 1989 and 2014, the quasi-federal model. Racism and xenophobia European Union (EU) practically doubled its are gaining ever more adherents, even in previ- membership and catapulted into third place in ously placid regions like
New Labor Forum – SAGE
Published: May 1, 2015
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