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An excerpt from "The Transformative Effects of Crisis: A Hitchhiker’s Guide to the New Economic Cultures in Spain and Greece" by Janosch Sbeih 
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Scoop.it!
* M.A. Thesis: The Transformative Effects of Crisis: A Hitchhiker’s Guide to the New Economic Cultures in Spain and Greece. Janosch Sbeih.
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"By adopting an action research methodology, I inquire into how far the responses of citizens to the global economic crisis of 2008 lead to the emergence of a new economic culture in Spain and Greece. Since Southern European states follow austerity directives and do not offer sufficient support for their population, communities organise to provide for each other through cooperation and solidarity. Decentralised political and economic movements are building structures to challenge and replace established centralised institutions. As people drop out of the formal economy, they find material relief, ideological support and a sense of belonging in networks of alternative economic practices."
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From Istanbul to Barcelona, the co-operative movement is flourishing as employees revive what the bosses buried
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‘If representative democracy is only to choose every four, or five, or six years the person who’s going to do everything they want without taking popular will into account... we are in a sort of trap and I think that’s certainly the case today for Europe and elsewhere.’
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Excerpted from from Janosch Sbeih: * Part One: Crisis as Opportunity “Crises offer the opportunity to implement policies that lead to profound political and economic changes on the fast track as societies are in turmoil and unable to organise...
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Nick Dearden: Sixty years ago, half of German war debts were cancelled to build its economy. Yet today, debt is destroying those creditors
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A comparative study of the press coverage of the Indignados and Aganaktismenoi in the Spanish and Greek press illustrates a favourable coverage of the movement.
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