Portside

The Greek election was a warning that, while wealth and political power may be related, they are not the same thing: Governments can be overturned. Europe needs answers. The Greek crisis is a crisis of the entire EU. To one extent or other, every country - even Germany, the EU's engine - is characterized by falling or anemic wage growth, increasing economic inequality, spreading deflation, and an overall decline in living standards.

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Vicente Navarro writes on the growth of Podemos and his role in shaping the party’s economic programme. He argues that the anti-austerity and pro-democracy narrative put forward by Podemos has deeply resonated with the Spanish electorate, and that the party now poses a major threat to the Spanish political establishment.

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Just a year after its founding, it’s the country’s leading party.

Catalonia has decided to recast its planned November 9 referendum on independence as a nonbinding consultation.Why are so many Scots (45% in September's referendum) and Catalans (50% in recent polls) set on leaving now? The answer is surely a desperate search for sovereignty with longstanding resentments over discrimination by the power centers in their respective states. Like many other Europeans, they feel cheated by their governments' response to the Great Recession.

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In Spain this past May, the elections to the European Parliament produced a shock. A two-month-old party led by a 35-year-old, pony-tailed political scientist appeared out of nowhere—but clearly from the Left—to win 8 percent of the votes and five seats, transforming the infant organization into the country’s 4th largest political force. One of the party's founders, political scientist Juan Carlos Monedero, spoke with us in late August.

While heavy on academics, the candidates on the Podemos ticket represented more of a cross-section of the Spanish citizenry than any other party in the country. Their ages ranged from eighteen to seventy-eight, and their vocations from firefighter to librarian, but most importantly they included unemployed workers of all shades.