East European Phrase to Describe Grim Reality of Capitalism

Beastrabban\'s Weblog

One of the factors, which boosted the vote of the odious, neo-Nazi party, the Alternative fuer Deutschland, and the other Fascist parties now gaining votes and power in eastern Europe has been the complete disillusionment of many of their citizens with the reality of life under capitalism, according to a piece I commented on in Counterpunch a week ago. When they overthrew Communism and Soviet domination a quarter of a century ago, they looked forward to a future of western-style democracy, and a prosperous economy.

That future has not materialized. Factories have closed, and unemployment in the east of Germany remains much higher than in the west. And the same is true of much of the former eastern bloc, as the business combines that provided work, but no or not enough profit under the new, capitalist, free market economics have closed. A survey eight years ago in 2009 found that…

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