The governments of Greece and South Africa are having to contend with mass uprisings these days in the wake of the harsh “austerity” budgets they have attempted to foist upon their countries’ poor and working classes. And so it should be.
In the case of South Africa, it is one million public-sector workers who have risen up and demanded a living wage. The South African government’s current austerity was caused by the $5 billion this poor country was forced to spend in order to host the World Cup of soccer.
In the case of Greece, it is a broad swath of poor and working-class citizens who have risen up in the face of a harsh austerity program foist upon their government by the World Bank, the International Monetary Fund and the European Union.
It is bad enough that these two national governments are attempting to redress their fiscal imbalances on the backs of the poor and the working classes. read more »