Debt Colonialism: A View from Barcelona

I’m in Barcelona for a couple of days, giving talks and interviews and holding discussion for the visual studies program, the Center of Contemporary Culture and with the movement. There’s not much difference between the people involved. It’s distinctly humbling to get up in front of people from 15M and talk about the global justice movement, even as the wheels are turning in the debt crisis.

Yesterday was an election in Catalunya for the state assembly, called by Artur Mas, the head of the CiU nationalist party. His hope was to sweep the board on his nationalist call for independence. Instead he lost ground to a more extreme nationalist group and the left made some small gains. No one seems quite sure what this all means as yet.

Meanwhile from different sides of the world, furious mainstream politicians are starting to use the language of debt colonialism. In Greece, Syriza’s leader Alexis Tspiras named his country a “debt colony.” In Argentina, the finance minister Hernán Lorenzino called the court verdict compelling his country to repay 2002 debts to vulture funds “judicial colonialism.”

In this latter case, speculative debt buyers have engineered a potential collapse of the national (and perhaps international) economy, just as debt buyers of personal debt ruin individual lives in the pursuit of personal profit after the original lenders have settled. There is late speculation that the EU may finally have agreed some kind of deal on Greek debt. But the process makes Tsipras’s point: the discussion was held in Brussels between France, Germany and the IMF.

Here in Barcelona, activists are in several minds. Some feel frustrated with the constant lack of response from their central government, no matter how dynamic or well-attended their actions become. It’s said that attendance at the legendary neighborhood assemblies is notably down. On the other  hand, there are activist banners hanging in hospitals and doctors’ offices protesting the cuts and entire families from school children to grandparents are reported to have participated in the N14 general strike.

You can’t miss the crisis. There are cranes all over but none of them are working, leaving buildings half-complete. Graffiti and posters are everywhere. For a traveler accustomed to being broke in the Eurozone, prices are notably lower than expected. A light lunch for €5, an express bus from the airport to the city for the same. Museums, galleries and cultural centers are all concerned with the crisis. I’ve written about this many times but, as always, it’s different to be here. It just reinforces the respect that I have had for the resilience of the movement. More to follow.