Debtocracy Page #5

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the government has turned against the people

with harsh austerity measures.

The result is poverty, failed businessed,

and unemployment.

We consider the centre of Athens to be

N. Kanakis :
president - Doctors of the World Greece

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facing a humanitarian crisis.

All the distinctive features are there;

people who are hungry or homeless,

who lack medication and healthcare.

And they just wander around the squares.

It's not much different from what

we see in Third World countries.

You have to remember that we deal

with the poorest of the poor.

There are people who still maintain

some social security rights

but that is not enough,

as a poor woman-pensioner indicated.

She said:
"I buy either food or

medicine. I can't afford both".

The government's measures

are not simply worsening

the citizens' living conditions. They pose

an immediate threat to their lives.

Panos Papanicolaou: Neurosurgeon

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In all of the countries "supported"

by the IMF up to now

there has been a dramatic drop

in average life expectancy

It's what we usually refer to

as the average lifespan.

There were countries where,

after the IMF ordeal

the average lifespan fell by 5-10 years.

With the cuts we are facing now

it's clear that our life expectancy

will be greatly reduced.

The citizens react.

The government's response is in breach of

even the basic principles of democracy

The penalisation of wearing a hood,

the unjustified arrests and

the hood-wearing policemen,

all border on the para-state.

This liberality with tear-gas leaves us

no money for free education

Alain Badiou Philosopher: Philosopher

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Crises are always solved through measures

against society and against the people

which may be particularly harsh.

This is how capitalism

controls the situation.

The problem of capitalism is

how to get these measures accepted.

For that, violence is deployed.

In response to

the "financial gale" alert

Democracy makes way for

Debtocracy.

Poor people, don't eat each other.

Eat the rich, they're plumper!

A crisis of capitalism causes

extensive devaluation.

The value is lost through

financial speculation.

Somebody has to pay

for this devaluation.

However, the capitalists

do not intend to pay for it.

They're not at all altruistic.

But if those who caused the crisis

do not intend to pay for it

why should we pay?

In the past, dozens of countries

have successfully repudiated debts

not incurred by their citizens,

in accordance with provisions

of the international law, such as

the concept of odious debt.

The history of odious debt [animation]

Our story starts in the 1920s,

with Alexander Sack.

Sack was a minister and law specialist

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