Greek Crisis: “On Europe’s cruel capitalism”

Greece. Lines before banks

This referendum is a fight between the Greeks and Europe’s cruel capitalism

– Aditya Chakrabortty, Economics Editor, The Guardian. 29 June 2015

Europe’s top politicians agree that the Greeks will vote this Sunday on one of the most important questions facing any nation. Yet they can’t settle what that question actually is. For Alexis Tsipras, the Greek prime minister, it is about whether his people will tolerate any more “strict and humiliating austerity”. Not so, says Germany’s Angela Merkel. She reckons the Greeks are choosing between staying in the euro and returning to the drachma. The stakes are raised higher still by the boss of the European commission, Jean-Claude Juncker: come next weekend, “the whole planet” will find out whether Greece wants to remain in Europe.

All of these may be correct, but each swerves the central importance of the moment. The reason to watch Greece this week is because a population of 11 million will hold a contest that the rest of us may one day also get to stage: a fight between democracy, and a broken political and economic system.

That battle – between what people want and what their rulers force down their throats supposedly for their own good – can be glimpsed at every dramatic moment in Greece’s recent history.

It was already there in spring 2010,

– – – > Full text of article here.

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For more from us on the Greek Crisis:

* From: Thinking about Economy and Democracyhere.

* From: World Streets on the Greek Crisishere.

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About the editor:

Eric Britton
9, rue Gabillot, 69003 Lyon France

Bio: Educated as a development economist, Eric Britton is an American political scientist, teacher and international sustainability activist who has lived and worked in Paris since 1969. Professor of Sustainable Development, Economy and Democracy at the Institut Supérieur de Gestion (Paris), he is also MD of EcoPlan Association, an independent advisory network providing strategic counsel for government and business on policy and decision issues involving complex systems, social-technical change and sustainable development. Founding editor of World Streets: The Politics of Transport - https://worldstreets.wordpress.com . | Britton online: https://goo.gl/9CJXTh

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One thought on “Greek Crisis: “On Europe’s cruel capitalism”

  1. Pingback: Greek Crisis Endgame: The abyss stares back | Sustainable Development, Economy & Democracy

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