All posts tagged: Syriza

“The Resistance” & the Gilets Jaunes

Why France’s Yellow Vest protests have been ignored by “The Resistance” in the US Max Parry The rich are only defeated when running for their lives.” CLR James, The Black Jacobins In less than two months, the yellow vests (“gilets jaunes”) movement in France has reshaped the political landscape in Europe. For a seventh straight week, demonstrations continued across the country even after concessions from a cowing President Emmanuel Macron while inspiring a wave of similar gatherings in neighboring states like Belgium and the Netherlands. Just as el-Sisi’s dictatorship banned the sale of high-visibility vests to prevent copycat rallies in Egypt, corporate media has predictably worked overtime trying to demonize the spontaneous and mostly leaderless working class movement in the hopes it will not spread elsewhere. The media oligopoly initially attempted to ignore the insurrection altogether, but when forced to reckon with the yellow vests they maligned the incendiary marchers using horseshoe theory to suggest a confluence between far left and far right supporters of Jean-Luc Mélenchon and Marine Le Pen. To the surprise of no one, mainstream pundits have …

People wake up!

Neoliberal-fascist atrocities become rapidly ever bolder and are carried out with impunity. They should wake up the 99.99% from our brainwashed dreams and make us SCREAM! – Scream for change, not at the margin, but fundamental. This apparatus has to stop, not just be ‘reformed’ as the caviar ‘left intellectuals’ suggest.

Debt and Austerity: Greece Continues to Be Sucked Dry

by Peter Koenig, via Global Research How long will this go on? How long will we see the photographs of a Mr. Tsipras and his Finance Minister in despair. Yet the blood-letting continues. Already new austerity measures are being projected for 2018 – between 5.4 billion EUR asked by Europeans and 9 billion EUR requested by IMF – and the securing of the Greek debt sustainability through deep restructuring measures (meaning more selling of public assets to foreign corporations), as reported by journalist Yannis Kibouropoulos. Yes, € 9 billion by the IMF, of all institutions! The very organization that has ostensibly pledged with Greece’s creditors to forgive some of the debt to let the country breathe. This noble idea seems to have given in to the abject, murderous greed of the banks, one among them, the Deutsche Bank, currently the most vulnerable and indebted in the world, not just in Europe, for its derivative exposure of almost € 66 trillion, or about the world’s GDP. The globe’s most criminal financial speculator is to be paid more …

Why Varoufakis’ DiEM2025 is fighting the wrong fight

by Will Denayer, Flassbeck Economics International Varoufakis This text deals with strategy, but strategy cannot be seen separate from people and their histories and actions.  SYRIZA has always been an uneasy conglomerate of groups of many political persuasions, but ever since it came to power in January 2015, until its capitulation seven months later, two main fractions fought a fierce fight.  On one side, there was the heterogeneous left, which wanted to make good on the electoral promise (the Thessaloniki program): there was going to be no austerity any longer, Greece would negotiate a debt write off and if the Troika pushed the country to the brink, the group advocated leaving the euro zone.  The leadership, on the other side, also wanted to end austerity.  But under no condition was it willing to exit the euro zone. As Lapavitsas explains, the Syriza leadership convinced itself that if it rejected a new bailout, European lenders would buckle in the face of financial and political unrest.  The mastermind of this strategy was Yanis Varoufakis.  He negotiated with …

The European Revolt Against the Neoliberal EU (1/2)

via The Real News, July 25, 2016 Catarina Principe, co-editor of Europe in Revolt, says a left movement against austerity must pursue the restructuring of public debt, nationalization of key sectors, and public control of the banking system, but none of this can be done within the European Union. Transcript: SHARMINI PERIES, EXEC. PRODUCER, TRNN: Welcome to The Real News Network. I’m Sharmini Peries, coming to you from Baltimore. What started off as a financial crisis in Europe has now turned and become a crisis of the eurozone. There has been unprecedented wave of mass strikes, signifying the discontent of the working classes. In Greece, for example, people elected the leftist SYRIZA Party and voted no to austerity debt deal offered to them by the Troika. In France, there has been consistent strikes against efforts to reverse labor rights by the so-called socialist government. Among other interesting developments in Portugal, the people elected a socialist party which vowed to curb E.U. austerity. In the U.K., they voted for Brexit. Some claim that this was due …

Why Varoufakis’ DiEM2025 is fighting the wrong fight

by Will Denayer, for Fassneck Economics, May 24, 2016 Varoufakis This text deals with strategy, but strategy cannot be seen separate from people and their histories and actions. SYRIZA has always been an uneasy conglomerate of groups of many political persuasions, but ever since it came to power in January 2015, until its capitulation seven months later, two main fractions fought a fierce fight. On one side, there was the heterogeneous left, which wanted to make good on the electoral promise (the Thessaloniki program): there was going to be no austerity any longer, Greece would negotiate a debt write off and if the Troika pushed the country to the brink, the group advocated leaving the euro zone. The leadership, on the other side, also wanted to end austerity. But under no condition was it willing to exit the euro zone. As Lapavitsas explains, the Syriza leadership convinced itself that if it rejected a new bailout, European lenders would buckle in the face of financial and political unrest. The mastermind of this strategy was Yanis Varoufakis. …

Life in a Modern-day Debt Colony: The Truth about Greece

by Michael Nevradakis, via 99GetSmart In May, likely for the first time in the post-war history of the Western world, a national parliament willingly ceded what remained of its country’s sovereignty, essentially voting itself obsolete.  This development, however, did not make headlines in the global news cycle and was also ignored by most of the purportedly “leftist” media. The country in question is Greece, where a 7,500-page omnibus bill was just passed, without any parliamentary debate, transferring control over all of the country’s public assets to a fund controlled by the European Stability Mechanism, for the next 99 years.  This includes all public infrastructure, harbors, airports, public beaches, and natural resources, all passed to the control of the ESM, a non-democratic, supranational body which answers to no parliamentary or elected body.  Within this same bill, the “Greek” parliament also rendered itself voteless: the legislation annuls the role of the parliament to create a national budget or to pass tax legislation.  These decisions will now be made automatically, at the behest of the European Union: if …

The Left and the EU: Why cling to this reactionary institution?

by Joseph Richardson, via Counterpunch Why is it that many people who consider themselves left-wing have such difficulty grasping that the EU is a deeply reactionary institution? The mere fact that those running the EU present it as an internationalist venture dedicated to the creation of a world free of nationalist enmities does not make it so. If we want to examine the EU in its proper light, then we should ignore the high-flown rhetoric in which its supporters indulge, and consider its actual record. And what is the record of the EU, once we penetrate the obfuscatory rhetoric about ‘internationalism’ that surrounds EU policy? Without a doubt, that record is one that should cause those on the left now defending it acute embarrassment, as it starkly contradicts the ideals that the left has always claimed to uphold. Across the Continent, the unelected officials who have usurped the power of national governments and asserted their right to determine the fates of countless millions, through their adherence to the damaging creed of neoliberalism, have wrought suffering …

Syriza Sidelines Varoufakis To Appease Eurogroup

Paul Mason of Channel4.com reports on Syriza’s reshuffle of its team negotiating with the Eurogroup. To be clear, Mr Varoufakis remains in charge of the finance ministry, and of the government’s economic strategy. But by placing Mr Tsakalotos – who’s been involved from the start – at the head of the negotiating team, Greek PM Alexis Tsipras is sending the strongest possible signal that he wants a compromise to keep Greece inside the Euro. A sense of the frustration on the Greek side can be got from a briefing document, originating inside Mr Tsipras’ office, which Channel 4 News has seen. It speaks of “memorandum inertia”, complaining that Eurogroup negotiators have continually tried to unpick the agreement Mr Varoufakis signed on 20 February. The Wall Street Journal also presents this development as Syriza’s last-ditch effort to reach a deal with the Eurogroup. Unless Athens is able to win last-minute concessions, Greek Prime Minister Alexis Tsipras will likely soon have to choose between accepting economic policies that could split Syriza, or defaulting on Greek debt, which …