The anti-democratic death spiral of austerity

Larry Elliot spells out the anti democratic reality of decision making in the European Union - by the Frankfurt Group, an unelected cabal made of up eight people. ‘In the circumstances, it is hardly surprising that electorates have resorted to general strikes and street protests to have their say...’
http://www.guardian.co.uk/business/economics-blog/2011/nov/08/euro-papandreou-berlusconi-bailout-debt