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Greek elections

The pain of leaving the Euro may lead to more years of austerity before tangible results can be shown.

I don't see why. The main problem for exit is guaranteeing the availability of certain basic commodities that need to be imported - oil, some foodstuffs etc etc. So you'd need deals with - Russia and whoever in place. Then you issue a new drachma, it plummets in value and you instantly have the cheapest holiday destination in Europe + the cheapest exports of olive oil and whatever else Greece sells abroad and you'd get pretty much instant pick up of the economy. Crucially for a left govt, the benefits would go most rapidly to those currently out of work while many of the costs would land on the rich who would be making profits in relatively worthless drachmas (at least worthless outside of Greece where they currently stash their assets).

That's a tad simplistic but in essence it's what countries like Spain and Italy did through the 60s.
 
Got to say, whatever you think of Syriza, we need something a bit better than the Green Party here in the UK through which to express rejection of austerity/neoliberalism.

after seeing Natalie Bennett cross swords on the Politics show with Andrew Neil, i now fully understand why Cameron was so keen to have her on the televised election debates.

she makes Andy Burnham look like Emeritas Professor of Detail and Grasp of Policy at Cambridge...
 
What the fuck does that even mean? Cameron is out of his depth discussing fishing quotas in Brussels let alone commenting on Eurozone geo-politics. If you walked through his deepest thoughts you'd hardly get your feet wet.

I think he's saying Syrizas win shows we should redouble our efforts in the war on terror through state access to all communication now.
 
after seeing Natalie Bennett cross swords on the Politics show with Andrew Neil, i now fully understand why Cameron was so keen to have her on the televised election debates.

she makes Andy Burnham look like Emeritas Professor of Detail and Grasp of Policy at Cambridge...
tbh, I think he will have been dismayed...his game-plan was for her to out-flank Miliband.
 
tbh, I think he will have been dismayed...his game-plan was for her to out-flank Miliband.

true - though i suppose it depends on whether he's seeing it from 'Greens do well in debates - take votes from Labour', or 'Greens as the soft underbelly of the Left (in the UK context) - when they get torn up it makes the other (vaguely) left parties look bad'.

i doubt we'll be hearing 'well, i agree with Natalie..' very much in thids election...
 
Worth noting that Greece are forcast to have a primary budget surplus in 2015 before debt is taken into account. This means they could in theory default and not be successfully punished by the bond markets. A strong bargaining position to be in...
 
Worth noting that Greece are forcast to have a primary budget surplus in 2015 before debt is taken into account. This means they could in theory default and not be successfully punished by the bond markets. A strong bargaining position to be in...

But that's with expenditure set for neoliberal austerity (always the worst kind) which apparently they are not doing anymore.
 
Default, print drachmas which fall in value and away they go: cheap holidays, cheap agricultural products with increased sales and demand, increased employment and prosperity.

What could possibly go wrong (apart from the military)?
 
It's a pity that Syriza were forced into a collaboration with the Greek equivalent of UKIP in order to form a government. This rather takes the shine off the story and sounds like a very complicated outcome from a policy point of view.

Cameron and his deliberate continuing focus on British internal security gives the impression he doesn't want anyone to have a broader political perspective and look at what is happening in the larger world. which is to him a dangerous place that he doesn't understand.
 
Brilliant results but the hangover didn't take long to kick in. Will take a lot of misreading of Poulantzas and Gramsci to justify this deal with Kammenos. "A hegemonic pact with the progressive bourgeoisie against fiscal imperialism" or something like that. Although how the Greek Farage is progressive is anyone's guess.
 
Hitler+Stalin.jpg
 
Most of the key stuff isn't going to be happening in parliament - and i mean that in the dual sense of the elite negotiations that Syriza will now be involved in and the extra-parliamentary stuff that is required to socially surround these negotiations - so the GUKIP isn't really going to matter in practical terms. And they'll force some much-needed anti-troika backbone into the Syriza majority.

edit: by the Syriza majority i don't mean parliamentary majority, i mean the majority bloc who run Syriza and are seeking to centralise the party, remove bottom up structures and power etc and are wobbling over the Thessaloniki agreement.
 
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Got to say, whatever you think of Syriza, we need something a bit better than the Green Party here in the UK through which to express rejection of austerity/neoliberalism.
Even the Tories no longer entertain the delusion that a country's national prestige and virility is tied up in a overvalued currency. Greece's situation is not unlike Churchill pegging Sterling to the Gold Standard in his hopeless tenure as chancellor in the late 20s.
Brilliant results but the hangover didn't take long to kick in. Will take a lot of misreading of Poulantzas and Gramsci to justify this deal with Kammenos. "A hegemonic pact with the progressive bourgeoisie against fiscal imperialism" or something like that. Although how the Greek Farage is progressive is anyone's guess.
I don't know about his Greek equivalent but Farage will appropriate any argument to further his anti-EU agenda. So although he wants to impose ECB style deflationary economics on the UK he is OK with Keynesian economics in Greece if it defies ECB budget criteria.
 
Are the Panhellenic Citizen Chariot lot still in ANEL? They're a bit leftie, and make a reasonable partner for Syriza.

Still a bit odd, like.
 
I don't see why. The main problem for exit is guaranteeing the availability of certain basic commodities that need to be imported - oil, some foodstuffs etc etc. So you'd need deals with - Russia and whoever in place. Then you issue a new drachma, it plummets in value and you instantly have the cheapest holiday destination in Europe + the cheapest exports of olive oil and whatever else Greece sells abroad and you'd get pretty much instant pick up of the economy. Crucially for a left govt, the benefits would go most rapidly to those currently out of work while many of the costs would land on the rich who would be making profits in relatively worthless drachmas (at least worthless outside of Greece where they currently stash their assets).

That's a tad simplistic but in essence it's what countries like Spain and Italy did through the 60s.
Or what the UK is doing now by devaluing and deficit spending your way out of trouble. And the economic climate has made it more favourable than the stagflation era of the 70s which led countries like Spain and Italy to conclude this path was a zero sum game. The difference is that they had there own currency to do it, Greece doesn't. I believe economists advising Syriza are split on the issue of Euro withdrawal but no one is pretending its an easy option.

This in an interesting article which argues that Grexit would be worse for the EU than it would be Greece
http://www.forbes.com/sites/timwors...y-believes-the-euro-could-survive-greek-exit/
 
May be wrong but appears they've gone with the Indy lot to reinforce the anti austerity line and form government but will depend on lefties from Pasok and KKE (not that there are many but some will support them on social issues).
 
Most of the key stuff isn't going to be happening in parliament - and i mean that in the dual sense of the elite negotiations that Syriza will now be involved in and the extra-parliamentary stuff that is required to socially surround these negotiations - so the GUKIP isn't really going to matter in practical terms. And they'll force some much-needed anti-troika backbone into the Syriza majority.

edit: by the Syriza majority i don't mean parliamentary majority, i mean the majority bloc who run Syriza and are seeking to centralise the party, remove bottom up structures and power etc and are wobbling over the Thessaloniki agreement.
That's a view and its shared by many 'anti politics' types. Paul Mason says exactly what you do this morning that the key stuff is outside parliament. Which sounds cool but giving a rabid chauvinist like Kammenos a veto over all sorts of legislation matters. Framing the job of the government as 'national salvation' matters.
 
That's a view and its shared by many 'anti politics' types. Paul Mason says exactly what you do this morning that the key stuff is outside parliament. Which sounds cool but giving a rabid chauvinist like Kammenos a veto over all sorts of legislation matters. Framing the job of the government as 'national salvation' matters.
This framing hasn't happened - or at least, the GUKIP haven't yet added anything to what was already coming from the Syriza majority. And in terms of practical stuff, there's no way that they will be give a veto over any of the things central to them (immigration basically) or of the things central to Syriza.
 
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