At the end of last year, the Italian multinational company Parmalat collapsed like a house of cards after its management had admitted to falsifying the accounts for a period of at least 14 years. We cannot understand what happened if we see it merely in terms of personal greed. It is not simply a question of greed. The crisis of Parmalat flows from the deep crisis of the Italian economy.

On Saturday, March 20, more than one million workers and youth marched through the streets of Rome, in one of the biggest demos against the occupation of Iraq anywhere in the world. This massive turnout reflects more than just opposition to war, but also a growing militancy among Italian workers and youth.