Looting Greece: A New Financial Imperialism Emerges

Looting Greece examines how and why the Syriza party, which took power in January 2015 promising to end eliminate debt, end austerity, and return Greece to economic growth, ended up agreeing to a deal much worse than its political predecessors in 2010 and 2012.

In the new 2015 debt deal, pensions are reduced even more than before, retirement ages raised, temporary pension restorations of early 2015 for the poorest rolled back, workers' right to strike and collectively bargain further limite...