The magnificent movement of the workers and youth of Turkey is an inspiration to the whole world. What began as a peaceful protest against the cutting down of trees in a park to pave the way for the construction of a shopping mall has turned into a tidal wave of mass protests against the vicious and reactionary Erdogan regime, which has acquired insurrectionary dimensions.

I am sure that the fund managers in the City of London or New York’s Manhattan or Frankfurt’s financial distrcit are very surprised. They may even be shocked. I am quite sure that many fund managers and bankers who have helped Erdogan's government stay in power for so many years by channelling their hot money to Istanbul’s stock market are now calling their brokers in İItanbul. 

In 1977 around 34 people were killed in Istanbul’s Taksim Square when snipers opened fire on the unarmed May Day rally. And between 1978 and last year May Day rallies were banned from being held there. That changed last year when for the first time after 33 years workers once more were able to gather in Taksim Square. Following on from last year’s lifting of the ban, this year’s May Day rally was the largest at Taksim Square since 1977.

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