[Marxism] Fwd: The Case for Letting Greece Go - WSJ
mdriscollrj at charter.net
Thu Apr 9 10:33:16 MDT 2015
Murdoch's paywall again.
Louis Proyect wrote
REVIEW & OUTLOOK
The Case for Letting Greece Go
The risk now is political contagion from rewarding non-reform.
Greece’s main contagion threat now would be if it is bailed out again
without reform. Athens wants creditors to reward Greek voters for
electing a government committed to dismantling the reforms Greece needs.
If creditors allow Athens to increase government spending while
reversing labor-market liberalization and privatizations, they’ll
encourage anti-reform movements elsewhere.
Spain’s left-wing Podemos party has polled well since Syriza’s Greek
victory in January as Spaniards consider whether it might offer an
alternative to painful reforms, and the party won 15 seats in the
regional parliament in Andalusia last month.
Ireland’s Sinn Fein is gaining support for its anti-reform platform, and
it invited a Syriza government minister, Euclid Tsakalotos, to its
recent party conference. Italy has its own anti-reformers in the
Northern League and the Five Star Movement.
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