The landslide “no” vote in yesterday’s referendum on austerity in Greece is an overwhelming popular repudiation of the European Union and the austerity agenda it has pursued across Europe since the 2008 economic crisis.
The vote is an extraordinary act of political courage, defying threats and intimidation from the European Union, the US government and the Greek ruling class. Together with last Friday’s massive anti-EU austerity demonstration in Athens, the overwhelming “no” vote on Sunday has once again revealed the social force that can put an end to austerity and political reaction—the working class.
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