The South African Civil Society Information Service
A nonprofit news agency promoting social justice. Seeking answers to the question:
How do we make democracy work for the poor?
A nonprofit news agency promoting social justice. Seeking answers to the question:
How do we make democracy work for the poor?
By Icelandic People Said No · 29 Oct 2011
In Europe, people in many countries are saying no to paying for the crisis and bailing out the banks, and to a large extent, leading the way, are the people of Iceland -- at the ballot box and on the streets.
Michael Hudson, professor of economics at University of Missouri, Kansas City provides some insights into how exactly the Icelandic people have gone about holding their government accountable. "What happened in Iceland is being used as a test case for what is happening in Greece and Europe and maybe what happens in the US," he says.
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