In 2013, the International Monetary Fund produced a report acknowledging that it had “underestimated” the effects that austerity would have on Greece’s economy. Yet the Fund has made the same mistakes in its subsequent deals with Argentina and Ecuador.
Geography Archives: Greece
Yanis Varoufakis traces his collaboration with Alexis Tsípras and his alter ego, Nikos Pappas, back to 2011. That collaboration gradually broadened, starting with 2013, to include Yanis Dragasakis (who became vice-Prime Minister in 2015). There is a constant in the relations between Varoufakis and Tsípras: Yanis Varoufakis constantly argues for changes in the political programme […]
In his latest book Adults in the Room, Yanis Varoufakis gives us his version of the reasons behind the Tsipras government’s shameful capitulation in July 2015. It essentially analyses the period 2009-2015, though it makes incursions into earlier periods. In my first article on the subject of this book, I analysed critically the proposals made […]
The meeting was seen by many in the Greek left as an “unprecedented manifestation of subordination to the U.S. imperialists,” who backed violent Greek monarchists and military juntas throughout the Cold War.
Yanis Varoufakis’s entire proposal regarding debt was and is unacceptable from a left-wing point of view because it presupposes evacuating any debate as to the legality and legitimacy of the debts whose repayment is being demanded of Greece.
Greece is on track to privatize its water systems, while other countries like Germany are in an opposite position of de-privatization due to poor management and exorbitant price hikes.
The defense of national sovereignty, like its critique, leads to serious misunderstandings once one detaches it from the social class content of the strategy in which it is embedded. The leading social bloc in capitalist societies always conceives sovereignty as a necessary instrument for the promotion of its own interests based on both capitalist exploitation […]
Back in 1963 Bob Dylan (soon to be 75) wrote a bitter song; Pete Seeger also sang it often. It asks, after the death of a young boxer: “Who killed Davey Moore? How come he died, and what’s the reason for?” Then came the alibis of all those responsible, from the manager and media to […]
In a cabinet meeting in October 2012, months before his death, Hugo Chávez declared that the Bolivarian process needed to make a radical change of course, literally calling for a “golpe de timón” or “strike at the helm.” From that moment forward the slogan “golpe de timón” began to circulate in the most varied contexts […]
2016 began here with an icy chill, not only with the weather but far worse, with human relations. It also offered some, like myself, at least a few warm rays of hope. First the larger scene. The huge influx of immigrants and asylum seekers, over a million in 2015, saw Germany effectively split in […]
It was a day to remember, a date for the record books! It marked a surprising development in German politics! And who said Germans don’t like protest marches or demonstrations? The organizers counted 250,000, a quarter of a million. Of course the police scaled that down — to 150,000. But who’s counting? It was definitely […]
A silent three-year-old, lying drowned on a Turkish beach; the tearful protest of a Syrian man as he, his wife and baby are torn from the tracks next to a locomotive by Hungarian police; desperate families jammed into tiny, leaky boats, hoping to reach Europe alive or, if they do, facing ever new obstacles from […]
The Chinese central bank’s decision last week to let the yuan depreciate, in three stages by almost 4 percent against the US dollar, was officially explained as a move towards greater market determination of its exchange rate. Though this explanation pacified stock markets around the world, China’s devaluation of the currency portends a serious accentuation […]
We often hear the following, well-intentioned question: “What would you have done if you had been in the place of the SYRIZA government?” The question is not illogical. But we must put it in the right perspective. If we, the KKE, were in the “place” of SYRIZA, meaning the place of bourgeois management, the place […]
Greek Premier Alexis Tsipras’ acceptance of an “austerity package” on July 13, which contained measures rejected by the Greek people in a referendum barely a week before, represents not just an abject surrender by the Syriza government, or a sign of contempt on the part of German finance capital for the Greek electorate; it marks […]