Oh that's why capitalism suffers from periodic crises--- the indulgences of the financial elite? Wasn't the whole program of New Labour about the "new British economy" and maintaining London as the premier financial hub, undermining their own social base with deindustrialization in the process.
Somebody: Even in Greece, the radical and anarchist left is, in the end, protesting against austerity measures being implemented by an ostensibly center-left regime. Not against Greek or European capitalists for getting them into this mess to begin with. Now, I support their revolt 100%, but it's noteworthy that even there... the working class can only mount a revolt against the *political class* not against the bourgeoisie per se. Capitalism remains an impregnable fortress.
This is absurd on so many levels. The working class was protesting cuts well, well before the "center-left" took power... at any-rate huge swathes Greek working classes' intelligence belong to the Left and not the center-left. This is class struggle. The main problems hurting the Left in Greece and elsewhere are organizational ones and the lack of an alternative socio-economic vision, as such the Greek struggle can't help but be defensive and rail against the absolute limits of a system that needs to reduce its deficit and restore profitability.