[Marxism] Fwd: Why I’ve Changed My Mind About Grexit
lnp3 at panix.com
Thu Jul 23 07:08:10 MDT 2015
(From a top aide to Varoufakis.)
Q: Do you think it would have been better for the Greek government to
stick to Varoufakis’ debt-relief-or-nothing strategy?
A: In all honesty, it’s hard to see how things could have gone
differently. The Greeks had no money and no power. The only weapons they
could bring to the negotiating table were reason, logic and European
solidarity. But apparently we will live in a Europe were none of those
things mean anything.
Q: So both strategies – Varoufakis’ and Tsipras’ – were bound to fail
from the start?
A: Yes, it was a trap. Every time the European institutions faced a
challenge from a national government in the past they resorted to
threats – raising the interest rates of government bonds, threatening to
shut down the banking system, etc. – to bring it back into line. And in
the past these threats had always worked: the governments always backed
down. And they assumed that with SYRIZA it was going to be the same. But
Greece didn’t back down. Which is why the institutions reacted in such a
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