Whats the deal with Iceland?

[Delenda Carthago]

Can anyone give me some info about what happened in Iceland with the economical crisis and all?I have found some basic info,but I dont know things like what the revolutionary movement did or how did they came through as people with the whole thing,what was their stand about all this.

[mosfeld]

There was no revolutionary organization to co-ordinate the anger of the masses. What happened was that after massive protests and riots, the neo-liberal and conservative Independence party was thrown out of office and Iceland went as left as possible. Within the framework of the Icelandic system, this was a coalition of two reformist social democratic parties. From what I've felt people are still discontent and probably would've gone further left if they could, but once again, there was no real socialist party here to mobilize the people and co-ordinate their anger. People don’t go outside the parliament in huge numbers anymore. It’s almost like the movement completely died out after the elections, like that was the people’s cue to stop. It’s quite depressing actually, since the new government is the flip side of the same, old coin.

[Delenda Carthago]

I see.At least did they manage to live well when the state crashed down?Was there any social solidarity?

[mosfeld]

What do you mean with social solidarity?

[ls]

The way the protests happened and the fact that there are only about 300k people in Iceland, plus the relatively high level of class-consciousness there does make one think that revolution would be fairly easy in Iceland.

Shame there's no revolutionary vanguard party or federation there.

[革命者]

The way the protests happened and the fact that there are only about 300k people in Iceland, plus the relatively high level of class-consciousness there does make one think that revolution would be fairly easy in Iceland.

Shame there's no revolutionary vanguard party or federation there.The IMF will force the country to comply with the demands of the UK and the Netherlands to pay back the debts of their financial services industry with consumers. Then if the industry is bailed out by the Icelandic government, the industry will be bought by the foreign investors that have lended the money for the bail-out. This will give the investors control over their investments in Iceland and will make them a profit from the interests.

The people of Iceland, save those in the financial services industry who caused the crisis in Iceland, lose. The IMF and foreign banks will keep them from trying funny thinks.