No. Phildwyer did.
The destruction of capitalism need only be feared by the owners of capital.
No. Phildwyer did.
Really? Someone on another thread may disagree.The destruction of capitalism need only be feared by the owners of capital.
Show a bit of anti-capitalist solidarity. Stress the fact that capital dominates, determines, distorts and ultimately destroys the lives of EVERYONE in our society--even its alleged "owners." Them most of all.
Its interesting that you decry people as warmongers for supporting a possible alternative to capitalism because it may inconvenience you but couldn't give a fuck for those who could end up in a warzone, a dictatorship, poverty or in some other way upto their necks in shit as long as capitalism is smashed.
I'll leave that one to you I'm sure you can come up with a couple of contradictory answers.Who does capitalism benefit?
Have you read the article in question?
The point made is that - given the balance of forces, given the growth in support for the far right across Europe, given historical parallels, given that there isn't organised motivated working class ready to mount a challenge - what might follow capitalism being 'smashed' could be much worse.
The article does not pretend capitalism benefits anyone bar the obvious.
I did read it. Both it and you suggest that dismantling capitalism should not be the main priority. But I think it should, because I don't think capitalism benefits anyone. So I assumed you thought it does benefit someone (or even everyone)....
Then you assumed wrong - which is why I assumed you were posting without actually reading what the article or my comment on it
Why all the talk of capitalism being smashed? It is in the process of destroying itself, but Yanis said that, despite that, it was Syriza's duty to preserve it at all costs.
Yeah, implosion is much more likely than phildwyer or anyone else smashing anything. Yanis argument was that if captial collapses then the general drift to the right across Europe threatens to bring much much worse. On that point he is spot on imho.
It's his job to stop that happening.
Yeah, implosion is much more likely than phildwyer or anyone else smashing anything. Yanis argument was that if captial collapses then the general drift to the right across Europe threatens to bring much much worse. On that point he is spot on imho.
Mario Monti, Italy's former prime minister and finance minister, who headed the new government that took over after Berlusconi's resignation, is an international adviser to Goldman Sachs.[142] So is Otmar Issing, former board member of the Bundesbank and the Executive Board of the European Bank.[142]Mario Draghi, the new head of the European Central Bank, is the former managing director of Goldman Sachs International.[142]António Borges, Head of the European Department of the International Monetary Fundin 2010-2011 and responsible for most of enterprise privatizations in Portugal since 2011, is the former Vice Chairman of Goldman Sachs International.[142]Carlos Moedas, a former Goldman Sachs employee, is the current Secretary of State to the Prime Minister of Portugal and Director of ESAME, the agency created to monitor and control the implementation of the structural reforms agreed by the government of Portugal and the troika composed of the European Commission, the European Central Bank and the International Monetary Fund. Peter Sutherland, former Attorney General of Ireland is a non-executive director of Goldman Sachs International. These ties between Goldman Sachs and European leaders are an ongoing source of controversy
I thought that Syriza were factionally riven on this issue anyway. I presumed that the 'stay put' faction were the larger/more powerful.One thing which has just occurred to me, prior to becoming finance minister Varoufakis repeatedly argued in favour of a Greek exit from the Euro but Syriza were elected on an electoral platform in which they pledged to maintain the euro. Could Syriza be in part working towards demonstrating the intransigence of the EU to the Greek people in order to move them towards support of the Greek exit which some members of Syriza actually want?
I remembered today that Goldman Sacks were implicated in covering up the level of Greek debt and thus helped to contribute to Greece's present insolvency crisis. I just looked this up and wikipedia tells me the following:
So, the troika and the EU have, at their highest levels, former members of an organisation that significantly contributed to Greece's present debt crisis. That is both utterly staggering and totally unsurprising at the same time.
"Tied aid" used to be the phrase in the realm of 'development' economics.The more important point is that a lot of Greece's initial debt was loaned to them by Eurozone countries so that they could purchase, amongst other things, German goods. Many people tend to ignore that for some reason. It's not too dissimilar from those "finance" deals where the person who is providing the, usually quite unfair, loan is in cahoots with the person who is selling the good that you are getting the loan to buy. The only wrinkle is that the Greeks were absolute cretins nonetheless.
Going to be a very interesting day today. The Greek government tried to capitulate honourably yesterday and were immediately slapped down by the Germans. I suspect all this has got rather unnecessarily personal, largely because of the massive egos of the Greek finance and prime ministers.
Maybe the finance guy is playing some super sophisticated strategy but from where I'm standing, he looks like a self-regarding plonker.
4m ago16:24
Greece sent "wrong letter" on Thursday – Bild
You couldn’t make this up. Apparently, Greece sent the wrong letter on Thursday, German newspaper Bild reports, citing government sources.
The right version supposedly accepted bailout conditions agreed to by the previous Greek government.
According to the report, Tsipras, Juncker and Dijsselbloem jointly drafted a letter on Wednesday. However, Greek finance minister Yanis Varoufakis sent an altered version of the letter that omitted the parts that said Greece will accept the bailout conditions agreed to by the previous government.
Tsipras later told Merkel it was an “administrative mistake.”
The Eurogroup meeting is supposed to start any moment now.
Many people tend to ignore that for some reason. It's not too dissimilar from those "finance" deals where the person who is providing the, usually quite unfair, loan is in cahoots with the person who is selling the good that you are getting the loan to buy. The only wrinkle is that the Greeks were absolute cretins nonetheless.
wtf
Much more of this and those pro-government demos in Syntagma might take on a different tone? Time to start mixing the cocktails and rousing the dog?
I wonder how their more left wing voters are feeling now, in fact all their voters who expected them to refuse Troika demands.
3m ago17:36
Greece has reacted with fury to suggestions that it sent the “wrong” letter outlining its request for a sixth-month extension of its bailout programme, our correspondent in Athens Helena Smith reports.
The Greek media is reporting that an irate Yanis Varoufis emerged from talks in Brussels this afternoon with fellow euro zone finance ministers to vehemently denounce the allegation - carried in the mass-selling German tabloid Bild (as reported earlier).
Aides to the Greek prime minister Alexis Tsipras described the story as “a fanciful scenario” cooked up by people with “unhealthy imaginations.” They said:
The turth bears no reality, whatsoever, to these slanderous leaks.
it follows the pattern of every Greek government elected since Socrates
Getting dirty...
i had presumed that Syriza were up for Grexit if push came to shove, and had that as a heavy negotiating card with the Troika... knowing that the EU doesnt want them to go (for fear of default and contagion) allows them some negotiating powers and so doesnt mean they need to rush for the door at the first chance.I thought that Syriza were factionally riven on this issue anyway. I presumed that the 'stay put' faction were the larger/more powerful.