Democracy is an illusion! It’s become a political system fostered by the élite, for the élite, in order to fool the people that they have a stake in the system. In actual fact, they have virtually none. The whole political system in the modern era, despite having noble beginnings, is now used to benefit the few at the expense of the many. – Mark Alexander, June 29, 2018
Thursday 19 March 2015
‘There Is Austerity for People, But Not for Europe’s Economic, Political Élite’
Protesters in Frankfurt gathered to sabotage the opening of the European Central Bank’s new €1.3 billion campus. For many Europeans, the huge luxury offices built in the midst of an economic recession represent everything that is wrong with the institution. RT talks to Costas Panayotakis, an author and professor of sociology at the New York City College of Technology.
