Very interesting article from Richard Wolff. See the excerpt below and read the whole article here. For more info on Wolff's ideas, see more articles posted at his website, and preview his film on the U.S. economic meltdown, Capitalism Hits the Fan.
Excerpt from the article:
The general idea motivating and inspiring Europeans to undertake these massive actions is quite simple. The economic crisis, they argue, was caused by capitalist corporations' investment decisions -- and especially those of financial corporations. It has already caused huge job losses, reduced outputs of goods and services, and immense new government debts. Now governments propose to offset those debts by imposing additional costs on the mass of people. This amounts to shifting the costly burden of the capitalists' crisis -- and their government-financed rescues -- onto the working people. This has gone too far; the people will not permit it.
via www.truth-out.org