http://upload.wikimedia.org/wikipedia/commons/5/51/Greek_debt_and_EU_average.png
The struggling economy of Greece has caused disastrous problems to the country with the unemployment rate at 27.2% (and still increasing) of the entire workforce in January 2013. In order to help the economy and pay off debts, the cabinet of the Greek Prime Minister, Antonis Samaras, has decided to impose austerity measures which increases taxes and decreases government spending. All of this might seem a negative for Greece in the short run, however many argue that these measures are needed, and suffering must occur, in order to save the nation. But the Greek people have opposed this and a several anti-austerity general strike have been created to attempt to end austerity. This would cause disruptions to public services such as transport and hospitals and cause even greater trouble to the country.
The economic crisis of Greece is very similar to the Weimar Republic, the form of government in Germany from 1919 to 1933, where the country went into disaster following the Wall Street Crash in October 1929 and the resulting Great Depression in the world. The terrible economic crisis led to 30% of the German workforce to be unemployed in 1932. The President of the Weimar Republic, Paul von Hindenburg, therefore appointed Heinrich Brüning as Chancellor to solve the situation. Brüning's solution was austerity measures and he increased taxes, reduced government spending, imposed high tariffs on foreign products and cutbacks in salaries and unemployment insurance benefits and continued to pay reparations from the Treaty of Versailles. Chancellor Brüning believed in pain now for prosperity later and his long-term decisions may have been the right decisions to save the Republic. However, people don't want to suffer the pain and look long term. Many of the unemployed belived that the policy was callous and ineffective. Support for the Weimar Republic therefore dramatically decreased, strikes were formed, and support went to more extreme parties such as the Communists and the Nationalists.
The result of the austerity measures by the Weimar Republic was loss in support and increase in support for the Nazis, Hitler's party. The Nazis promised the opposite, with successful propaganda orchestrated by Josef Goebbels, such as tackling unemployment through job creation schemes, subsidies for peasants, and law and order as well as naming scapegoats as the reason for Germany's problems. This obviously appealed to the Germans more than Brüning's austerity measures. The Nazis who only had less than 2.6% of seats in the elections of 1928, before the Wall Street Crash, now had 37.27% of seats in the July 1932 and were the largest party in Germany. Later on, Hitler became more influential and took power over Germany with him as a dictator. The rest is history.
And this is what can be potentially worrying about Greece's future. Clearly, the Greek people want an alternative to austerity measures. Therefore, any extremist parties such as the Communists and Nationalists have a great opportunity to increase their support by saving the country. With their increase in support, they can then get rid of the current government and take control of the country. These parties may initially be good at first, but can also turn to be disastrous for the country as seen with the Communist party in the Soviet Union with Stalin in charge and the Nationalist party in Nazi Germany with Hitler in charge. History has proven us that governments like the Communist party in Russia and the Nazi party in Germany have failed and therefore should not be repeated it again. But then again, the fact that Greece's politicians have caused their country to go into economic crisis in the first place shows that people do not learn from history after all.
http://www.bbc.co.uk/news/world-europe-22362757
http://alphahistory.com/weimargermany/great-depression/
http://www.historylearningsite.co.uk/heinrich_bruning.htm
http://www.britannica.com/EBchecked/topic/82225/Heinrich-Bruning
http://lancasteronline.com/blogs/smartremarks/2011/11/17/a-brief-bloody-history-of-austerity/
http://www.tradingeconomics.com/greece/unemployment-rate
http://www.bbc.co.uk/news/business-13798000
Gauci, Joe. IB History Route 2:Origins and Development of Authoritarian and Single-Party States. Oxford, UK: OSC IB Revision Guides, 2010. Print.
The economic crisis of Greece is very similar to the Weimar Republic, the form of government in Germany from 1919 to 1933, where the country went into disaster following the Wall Street Crash in October 1929 and the resulting Great Depression in the world. The terrible economic crisis led to 30% of the German workforce to be unemployed in 1932. The President of the Weimar Republic, Paul von Hindenburg, therefore appointed Heinrich Brüning as Chancellor to solve the situation. Brüning's solution was austerity measures and he increased taxes, reduced government spending, imposed high tariffs on foreign products and cutbacks in salaries and unemployment insurance benefits and continued to pay reparations from the Treaty of Versailles. Chancellor Brüning believed in pain now for prosperity later and his long-term decisions may have been the right decisions to save the Republic. However, people don't want to suffer the pain and look long term. Many of the unemployed belived that the policy was callous and ineffective. Support for the Weimar Republic therefore dramatically decreased, strikes were formed, and support went to more extreme parties such as the Communists and the Nationalists.
http://upload.wikimedia.org/wikipedia/commons/3/37/Bundesarchiv_Bild_119-2600%2C_Heinrich_Brüning.jpg
The result of the austerity measures by the Weimar Republic was loss in support and increase in support for the Nazis, Hitler's party. The Nazis promised the opposite, with successful propaganda orchestrated by Josef Goebbels, such as tackling unemployment through job creation schemes, subsidies for peasants, and law and order as well as naming scapegoats as the reason for Germany's problems. This obviously appealed to the Germans more than Brüning's austerity measures. The Nazis who only had less than 2.6% of seats in the elections of 1928, before the Wall Street Crash, now had 37.27% of seats in the July 1932 and were the largest party in Germany. Later on, Hitler became more influential and took power over Germany with him as a dictator. The rest is history.
And this is what can be potentially worrying about Greece's future. Clearly, the Greek people want an alternative to austerity measures. Therefore, any extremist parties such as the Communists and Nationalists have a great opportunity to increase their support by saving the country. With their increase in support, they can then get rid of the current government and take control of the country. These parties may initially be good at first, but can also turn to be disastrous for the country as seen with the Communist party in the Soviet Union with Stalin in charge and the Nationalist party in Nazi Germany with Hitler in charge. History has proven us that governments like the Communist party in Russia and the Nazi party in Germany have failed and therefore should not be repeated it again. But then again, the fact that Greece's politicians have caused their country to go into economic crisis in the first place shows that people do not learn from history after all.
http://www.bbc.co.uk/news/world-europe-22362757
http://alphahistory.com/weimargermany/great-depression/
http://www.historylearningsite.co.uk/heinrich_bruning.htm
http://www.britannica.com/EBchecked/topic/82225/Heinrich-Bruning
http://lancasteronline.com/blogs/smartremarks/2011/11/17/a-brief-bloody-history-of-austerity/
http://www.tradingeconomics.com/greece/unemployment-rate
http://www.bbc.co.uk/news/business-13798000
Gauci, Joe. IB History Route 2:Origins and Development of Authoritarian and Single-Party States. Oxford, UK: OSC IB Revision Guides, 2010. Print.