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Dear comrades,
We are delighted to inform you that 99% has just won an important battle, owing to our relentless campaigning for a decent and free public transport: |
All primary school students have become exempt from paying fees in the public transport!
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As Nick Dearden, Director of the Jubilee Campaign for debt cancellation just wrote for the New Statesman, this week marks the “anniversary of an event of great resonance”. For this week it is exactly 30 years ago that Mexico temporarily suspended its debt payments to foreign creditors, thereby marking the beginning
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of what would eventually escalate into the first international debt crisis of the neoliberal era. Things would never be the same again.
What ensued was not only a tragic collapse of living standards throughout the developing world and a lost decade for Mexicans and millions of poor people in the Global South – most notably in Latin America, Eastern Europe and Africa — but also a historic shift in power relations between debtors and creditors in the emerging global political economy. Indeed, 1982 marked the global ascendance of Wall Street...
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