The "recipe" against the crisis in Europe sounds familiar: "Austerity. Drastically reduce social spending (and taxes to the private sector). Appease the markets. Private initiative will take us out of this hole, the markets will balance themselves naturally. Unemployment, too, will be spontaneously fixed". While austerity is the only way to resolve the crisis according to ['scientific'] economic theory, experience proves it only worsens the situation: as many people lose their jobs along with their ability to live with dignity, inequalities rise drastically, deepening social unrest.
To make things worse, Spain's electoral law favors large parties instead of proportional representation. If the law had been designed according to the 1 Person 1 Vote precept, the conservatives would not have reached absolute majority, which would have forced them to find agreements with smaller parties in order to pass new laws. But while "The Markets" are not elected by the people, they have the power to impose harsh austerity and privatization plans, like the ones Rajoy is now publicly exhorted to endorse even before taking office - by the way, isn't the austerity way scandalous for as long as fiscal fraud remains rampant and the concentration in global corporate power keeps growing?
ElRoto has summed it up as follows: