On the anniversary of the troika imposed capital controls on Greece, the struggle of the Greek people has become the struggle to save Europe – from the DiEM25 site
A year has passed since the troika and the ECB closed the Greek banks and imposed capital controls. During the same time, the same culprits are trying to lay the blame for their blatant violation of a monetary union’s logic on the Athens Spring and the Greek people’s determination to escape from the five-year long debt-bondage.
Let we forget, Continue reading
Slavoj Žižek, philosopher, friend and DiEM25 early signatory, writes on the DiEM25 site that Europeans face one fake and one actual choice. The fake choice is between :(1) a globalised, financialised version of capitalism that is run by a transnational technocracy, tolerates minorities and turns parliamentary democracy into an empty shell, and (2) a xenophobic, socially conservative, passionate nativism that invokes national democratic sovereignty only to forsake it soon after. The real, actual choice is between (A) a vicious cycle between (1) & (2) above and (B) a pan-European democratic project addressing the actual challenges humanity faces (e.g. the deflationary moment in our history, the inexorable devaluation of human labour, TTIP like attacks on sovereignty, climate change etc.). Click here for the full article.
The full transcript of my discussion with Noam Chomsky at the New York Public Library (26th April 2016) was just sent to me by Kelly Patrick Gerling. I thank him profusely. Here it is, just below the video window
April 26, 2016, LIVE from the New York Public Library, http://www.nypl.org/live, Celeste Bartos Forum
YANIS VAROUFAKIS: Good evening, we don’t have anyone to introduce us, so I’ve been asked to kick off by saying firstly that isn’t this wonderful that we are all here just to subvert the notion that nothing good can come out of the public sector? (laughter) Noam.
NOAM CHOMSKY: Well, the fact that I’m here, barely, actually has a relationship to that comment. I came from Boston, my wife and I came from Boston, it took seven hours, and any society that hasn’t been smashed by neoliberal policies of the kind you describe, it would have taken maybe an hour and a half, two hours. (laughter) There is a train, the pride of the public sector, which I took for the first time in 1950, and it’s about fifteen minutes faster now than it was then, (laughter) when it makes the schedule, which is a chancy situation, so we decided to come by airplane and spent most of the afternoon on the runway. Continue reading
Today is a historic day. Post-Brexit the EU is entering a new, furious phase of disintegration. DiEM25’s initial response can be read here. Tomorrow I sum up my reaction in two articles (one in The Guardian and one in Project Syndicate – plus a Greek one in Εφημερίδα των Συντακτών). Till then I think it useful to revisit the 26th April discussion I was honoured to have with Noam Chomsky at the New York Public Library.
In April 2015 I was vilified for refusing to bow to the troika’s demands for a ridiculously high 3.5% primary surplus and for countering the creditors’ failed ‘program’ with a growth plan dubbed A New Deal for Greece. Not only was I vilified by the troika but I had to deal with a Governor of the Bank of Greece who was fully in cahoots with the troika, backing the creditors rejection of my New Deal proposals and even claiming that my insistence on A New Deal cost Greece 85 billion euros! Yesterday, the good Governor wrote in the FT that Greece needs a… New Deal, effectively regurgitating my proposals from last year. As for the technical details of the two proposals, I let the reader decide which was superior: our technical proposals (worked out jointly with Jeff Sachs and Lazard) or those coming out now from the Bank of Greece?
Some will say better late than never. Others may think that the manner in which this poacher is so shamelessly turning gamekeeper is an important reason why Europeans are turning their backs to a European Union so badly served by its functionaries.
By: Professor Vikas S. Shah, Thought Economics
June 11th, 2016 – Download this paper as a PDF here , or click here for the original site at thoughteconomics.com
On June 23, 2016 the people of the United Kingdom will be asked the single most important political question in modern history, “Should the United Kingdom remain a member of the European Union?” The ‘European Question’ is not a simple one. The population is being asked to distil hundreds of years of geopolitics, economics, culture, conflict, treaties and more into a simple ‘yes or no’ decision against a backdrop of exaggerated arguments, scare-tactics and misinformation (on both sides). The decision we (as citizens) make will not only impact many future generations of our own, but in this hyper-connected global world; it will have repercussions wider than we could possibly predict. Continue reading
FOR THE PUBLISHED VERSION IN SPANISH, CLICK HERE. For the original Q&A (in English)… Continue reading
Labour’s Shadow Chancellor of the Exchequer, John McDonnell has now joined forces with DiEM25. Continue reading
On 31st May 2016 the New York Times published the op-ed below (under a title that is unfortunate and not my choice). (For the NYT site, click here.) The version below is the original and contained graphs and data that could not be fitted in the printed version. (You can also download a pdf of the full article here.)
Athens — After last summer, when the clash between Greece’s recently elected Syriza government and the insolvent state’s creditors ended, the world’s media moved on. The brief rebellion against the austerity measures imposed on Greece was snuffed out in July 2015 when Prime Minister Alexis Tsipras folded. Continue reading
Click here for the interview with Gabrielle Jackson as published on THE GUARDIAN’s site. Or… Continue reading