Greece: the European version of the shock doctrine
Kostas Svolis, OCL
The dawn of a new dark era
All the austerity measures imposed on the Greek people since 2010 constitute a small hors d'oeuvre compared to the tsunami of poverty and the social misery which is announced and that capital, the greek government, IMF and EU leadership will serve as main course.
The percentage of “official” unemployment has exceeded 16%, while the actual figure is estimated to be over 20%. The situation is really dramatic for young people because the percentage of real unemployment concerning this age group reached 40%, whereas it is estimated that, by the end of 2011, the number of unemployed is expected to exceed 1 million. Workers' wages are constantly falling and it is estimated that between 2010 and 2012 the total decrease will have reached 30%.