The reactionaries will no doubt focus on passengers have missed flights as a consequence of today’s General strikes in Southern Europe.
They will divide the GDP of each country by 365 days and claim that that one day’s worth of Gross domestic product was “lost”.
They will ask: can we afford to lose this wealth in the middle of such a crisis.
To which we can respond by asking them to calculate:
a) the potential wealth-generation of half of the youth willing and able to work but unable to find a post
b) the potential GDP of 26% of Spain’s unemployed and the vast multiplier effects as each Euro earned changes hand several times
c) the continual loss in revenue by governments as they allow Multinationals to get away with not paying taxes
d) the health, psychological and social costs of cuts, loss of jobs and livelihoods and homes to live in caused by the current policies.
Whether the general strike is enough on its own or not, the fact that Greeks took to the streets meant that vulture bond holders had to take a severe haircut on their worthless bonds.
The more the fightback by Europe’s peoples, the more likely the governments will abandon this 1930’s era of Cuts and austerity for the majority and replace it with a 21st century strategy of creating decent jobs, reducing inequality and moving to an innovative, Green economy.
In that sense, strikes act as a long-term investment in the future of economies by attempting to stop the current madness.
Docility can no longer be the zeitgeist of this generation. Action and a call for an alternative way of thinking is fast becoming the dominant paradigm of the population.