The economies of the US and Europe are in profound crisis and the developing economies are also beginning to feel its effects. The crisis is being socialized and austerity is the order of the day; the crisis is used as a pretext for further savings and cuts. In other words, capital has intensified the class war. But the proletariat has started moving and joining new protests. There are a variety of protests going on - Occupy, the Arab Spring, Greece, Spain, Portugal, Syria, China, Turkey - but together they are knocking a hole in the neoliberal world order.
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Mikkel Bolt Rasmussen is Associate Professor at the Department of Arts and Cultural Studies, University of Copenhagen.
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