GOOD

#Blockupy Protesters Clashed with Police at Anti-Austerity Rally in Germany

Protesters sought to disrupt the grand opening of the European Central Bank’s headquarters.

Image via Twitter user Muschelschloss (@Muschelschloss)

The European Central Bank (ECB) was welcomed to Germany on Tuesday by angry anti-austerity and anti-capitalist protesters, who came to blows with police in front of the bank’s new Frankfurt headquarters. Over 8,000 riot police showed up ahead of the protest to control the demonstrators with pepper spray and tear gas. The protest ended in violent confrontations between the people and the police, who detained about 500 demonstrators. The New York Times reports that some demonstrators burned cars, garbage cans and furniture as riot police cracked down on their gathering.

Keep Reading Show less
Articles

Anti-Austerity Protesters Pelt Potatoes at Prime Minister

The PM gets tarred-and-feathered with mayo and fries, Belgium’s favorite street snack.

Belgium’s Prime Minister Charles Michel just received a Christmas present nobody wishes for: a fries and mayonnaise shower attack. During a business event in Namur yesterday somehow a slew of anti-austerity protestors—most of them women, it seems—got close enough to the PM to throw fries over his head and douse his suit in several squirts of Pollock-ian mayo. The entire attack was captured on video, including the PM’s affable response; he seemed to find the creativity of the attack amusing, at least. Mayonnaise fries, in fact, are a popular national street food in Belgium and the Netherlands.

Keep Reading Show less
Articles

Q&A: Umair Haque on How to Beat Wall Street Once and for All

A conversation with economist Umair Haque about the "too big to fail" myth and how Americans can force the megabanks to change.


As director of the Havas Media Lab and a regular contributor the Harvard Business Review, author Umair Haque has long been one of GOOD's favorite scholars. Prompted by his tweets lightly mocking the U.K.'s recent anti-austerity protests, during which people attacked banks for their shockingly low tax expenditures, we reached out to Haque to talk about the demonstrations and how they could have been better. His answers were more revolutionary than any kid throwing a rock through the window of a Barclays.

For instance, says Haque, if they wanted to, a group of concerned citizens could divest from big banks en masse and collapse them (an organization called Move Your Money is already advocating just that). He argues that contrary to what most of us may feel in the wake of the financial crisis, customers are far more powerful than banks. And unless Americans learn that lesson quickly, he says, they can "kiss the future goodbye."

Keep Reading Show less
Articles