Abstract
Initially, the 15M Movement seemed to be a conventional protest against social cuts provoked by the 2008 crisis, but it turned out to be the starting point of a radical change in the Spanish political climate. The accumulation of discrepancies between the democratic nature of the Spanish political system and the finance-driven nature of its economic system is crucial to account for the 15M’s success. The traditional strategies of Spanish families when confronting structural unemployment since the 1980s, which include important investments in real estate and a strong intergenerational solidarity, are also of outstanding importance. This chapter concludes with a brief discussion about the relationship between the 15M Movement and the traditional contradiction between capital and labor.
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Notes
- 1.
See Fernández Steinko “Del Atlántico.”
- 2.
See Fernández Steinko Izquierda.
- 3.
See Shaxson.
- 4.
See Cals y Garrido.
- 5.
See Hobsbawm (Chap. 5).
- 6.
See Fernández Steinko “Espagne.”
- 7.
See Santamaría.
- 8.
See Brooks.
- 9.
In terms of the composition of household wealth, this is possibly the highest percentage in the world. See Table 3 in Davis et al. with data from year 2000.
- 10.
See Naredo et al.
- 11.
The term comes from Franko (97).
- 12.
See Böhm.
- 13.
See Rodríguez Zapatero.
- 14.
See Santamaría.
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Fernández-Steinko, A. (2019). The 15M and the Financialization of Spanish Society. In: Pereira-Zazo, Ó., Torres, S. (eds) Spain After the Indignados/15M Movement. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-19435-2_5
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