Yanis Varoufakis — On the Euro Summit’s Statement on Greece: First thoughts

Mike Norman Economics 2015-07-14

The recent Euro Summit is indeed nothing short of the culmination of a coup. In 1967 it was the tanks that foreign powers used to end Greek democracy. In my interview with Philip Adams, on ABC Radio National’s LNL, I claimed that in 2015 another coup was staged by foreign powers using, instead of tanks, Greece’s banks. Perhaps the main economic difference is that, whereas in 1967 Greece’s public property was not targeted, in 2015 the powers behind the coup demanded the handing over of all remaining public assets, so that they would be put into the servicing of our un-payble, unsustainable debt.
Neoliberals operate through coup d'etat as a policy tool. Why? Neoliberalism and democracy are antithetical. The goal is to replace democratic governance with technocratic — because technocrats are the wisest of us all. Yanis Varoufakis On the Euro Summit’s Statement on Greece: First thoughts
On the Euro-Summit ‘Agreement’ with Greece, my resignation and what it all means for Greece and Europe – in conversation with Phillip Adams