“Spanish Revolution” of 2011 Explained
By Martin Varsavsky via Huffpost Tech
Friends outside of Spain have been asking me about the ongoing movement that has become known as #spanishrevolution. Here’s the summary of what this movement is about: People have become increasingly frustrated by the many problems in Spain: Over 20% unemployment rate and over 30% youth unemployment rate, incompetent politicians unable to deal with the effects of the crisis, extremely high housing prices both for rental and purchase, a mortgage system that ties mortgage holders for life to the bank if the real estate is sold for under the loan amount, and a general discontent with the status of the political landscape (especially the effective two-party system of the center-right People’s Party and the center-left Spanish Socialist Workers’ Party).
The #spanishrevolution is an internet movement that was started by leading figures on the internet, including top bloggers and internet entrepreneurs, to harness the distress of the Spanish people into action ahead of this past weekend’s elections. The most active supporters of the movement have moved from the internet to the streets to gather in camps at key locations of many Spanish cities, like the Plaza del Sol in Madrid, where they discuss the changes they want to bring about and are planning to stay for the time being. Each camp is autonomous, there is no central organ coordinating the movement and many sleep in public squares in protest.