By definition, going beyond capitalism lies outside of any government’s field of possibilities, in Greece or anywhere else. That is something more than urgently rescuing European capitalism from a catastrophe that would also be our own – it is a perspective on the horizon of prolonged social and political struggles that cannot limit themselves to the institutional terrain.
Interesting views but the main question is ducked. What is the project these new social and political struggles should fight for? My answer: how to prosper and redistribute in a post-growth economy? Little of this in Syriza reform proposals to the Eurogroup.
Dazu aber, von der schleichenden Selbstentmachtung der politischen Instanzen, von den Souveränitätstransfers hin zu den Agenturen des Finanzregimes, vom schwindenden Einfluss des Wählers auf politische Entscheidungsprozesse und vom unheimlichen Gewicht mehr oder weniger arkaner Expertengremien (Euro-Gruppe, EZB-Rat) – dazu hören wir von Politikern, aus Griechenland wie Deutschland, im achten Jahr der Finanz-, Geld-, Banken- und Wirtschaftskrise, kein einziges gescheites Wort.
Good article (in German) on the real problem in the Germany-Greece standoff: power is no longer in hands of political players but financial markets.
Once Wolfgang Schäuble, the flinty German finance minister, realized that Varoufakis couldn’t play the Grexit card, he knew that he had him where he wanted him. The German government point-blank refused even to consider a Greek request for an end to the bailout and a new bridging loan, and it quietly encouraged the E.C.B. to issue a series of warnings to the Greeks. And then, a couple of days ago, after Varoufakis had reversed course and asked for an extension of the current bailout, Schäuble rejected that request, too, forcing the Greeks to make even more concessions.
Another very good analysis of the Greece-EU deal.
This, in a nutshell, was the obstacle. Syriza wanted a new arrangement in which the rest of the EU would trust it to deliver on its promises. The rest of the EU wanted Syriza to prove its trustworthiness by completing the current programme. Deadlock.
Balanced and interesting analysis by Frances Coppola of the deal between Greece and Eurozone leaders. But by trying to win trust from the austerity elites, could Syriza lose trust of its voters?
Seems to me, the endgame has just been postponed by four months.
Critics of renewable energy have mocked the Energiewende, claiming that it has led to an increase in coal power and related CO2 emissions in Germany. But Conrad Kunze and Paul Lehmann of the Helmholtz Centre for Environmental Research – UFZ show that this is a myth. German coal generation and CO2 emissions rose not because of but in spite of the Energiewende. They would have been even higher if Germany had not phased out its nuclear power and embarked on its remarkable renewable energy path. “There is no dark side to the Energiewende”
Excellent article on the German Energiewende and its impact on coal use.
The ideologues of the center have the power to crater the Greek banks and force Greece out of the eurozone. But the beatings cannot continue for long. If the common sense of the so-called radicals fails to reverse the current policies, far more ominous, nationalist, racialist, right-wing forces are gathering in the wings.
Even the Washington Post understands that the austerity fundamentalists are destroying the European project.
The 4th February late-night decision by the European Central Bank to reject Greek bank collateral for monetary policy operations will, I confidently predict, precipitate not just a run on Greek banks; not just greater price instability across the Eurozone – but ultimately, the collapse of the fantastic machinery that is the ‘self-regulating’ economy of the Eurozone.
Excellent must-read analysis of the ECB’s attack on democracy and Greece.
That Europeans have finally been hit hard by the politics of austerity and debt repayments at all cost is regrettable, but it could have positive consequences if they wake up to the need to change things globally. Perhaps this Greek crisis will spur the world into action, now that Europeans not just Africans, Latin Americans and Asians are under the cosh.
Great article by Jonathan Glennie in the Guardian. We need an international debt restructuring conference.
Under the guise of trying to change EU institutions from within, these parties might be coopted and exploited by EU oligarchs and elites. Alternatively, Syriza and Podemos might develop and strengthen ways of doing democratic politics that work in favor of genuine popular control. We hope they will take this second path and, by doing so, genuinely contribute to the coming of a European Democratic Spring.
Excellent article in Truthout about the dangers of the new European Spring parties being recuperated by the European elites. Will they be able to escape "Hollandeization" and Robert Michels ‘iron law of oligarchy’? Only if the grassroots movements behind them stay vigilant and strong.