The outcome of the Greek referendum on whether to accept the stringent conditions for another “bailout”, laid down by its creditors, should be applauded as an unambiguous manifestation of the democratic public spirit that refuses to continue allowing the neoliberal economic regime to put money before people. It also testifies to historical amnesia on the […]
euro
Posted inGeneral, News/Politics
Dear Greece
It is not the best of times. I’m not sure what the problem is over there, but it seems to be affecting everyone. Angela Merkel is angry, your own prime minister looks a little bewildered and the people of Greece, you, are hurting most of all. As far as I can tell your banks let […]
Posted inGeneral
We need to talk about Greece and other spendthrifts
Neoliberals and fiscal conservatives, look away now … In response to my last blog posting a few people raised the following argument in relation to state spending: if you spend more than you consume, at some point you have to cut back and live within your means. After all, as an individual or company, if […]
Posted inNews/Politics
Greece, an African tragedy
When the troika (the IMF, European Central Bank and European Commission) rode into town, the Greeks didn’t have to look far too to see what impact the troika’s policies would have on them. Just across the Mediterranean lay an entire continent littered with examples of failed IMF policies. Greece has, in essence, become another African […]