A text by Cypriot anarchists regarding recent events on the island. ---- The haircut of
bank savings and the other memorandum measures forthcoming cannot be explained through the
prism of a good or a bad management of the economy. After all, only a week ago, the
government of this place was in the hands of the left-wing AKEL, which accepted and pushed
through memorandum laws without even having agreed on the final memorandum ? and of
course, without ever receiving any money from the much-hyped loan. The vast disappointment
of the people for the financial decay was shown in the last elections with the bringing
about to power of DISY. ---- The socialisation of the damages at the expense of the small
savers should not come as any surprise. The neoliberal logic demands the nullification of
social achievements [in the sense of previous social/labour victories ?? trans.] the
privatisation of public wealth and capital?s compensation for its damages to be paid by
the workers, at any give moment.
It was very quickly proven that Anastasiadis [trans: the Cypriot president] was unable to
stand by his pre-electoral pledges and to convince the neoliberal ?friends of his? in
Europe to support the policies he himself had announced. [Outside] support for the local
elites that Anastasiadis was hoping for crashed against the interests of the stronger,
supra-national elites which aimed at gaining from the domestic wealth. The haircut of all
savings was a desperate pledge by the government to limit the losses of domestic capital,
whose interests it represents.
In the period ahead, the state will utilise a number of strategies to attempt to absorb
the social shock: it will pledge national interests and the prospect of natural gas ?? and
for those who won?t buy neither, it will deploy brutal repression in the name of law and
order.
As observed at the first few gatherings against the proposed law for the savings? haircut,
reaction to it come from across the entire political spectrum. We, as part of the wider
anti-authoritarian space, do not consider any authority to be able to manage our lives. We
do not de facto align ourselves with anyone who articulates an anti-memorandum discourse,
nor do we believe that there can be any socially just solution under the current
capitalist system. Today?s systemic crisis is for us yet another field of action for the
development of a social movement of subversion. And we will therefore cooperate with all
who share this perspective.
Crouch of the disorderly
comrades from the anarchist/ anti-authoritarian space
Nicosia, March 19 2013
The text above was distributed in Nicosia during the protest gathering outside the cypriot
parliament
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