What was Rosa's dichotomy again?
On Tue, Feb 16, 2010 at 10:12 PM, <dredmond at efn.org> wrote:
> On Tue, February 16, 2010 3:58 pm, Bhaskar Sunkara wrote:
>
> > If shit hits the
> > fan and the center-left can't impose austerity and there aren't forces
> > strong enough to the left to really rock the boat and the country enters
> > into another prolong period of chaos.... what happens? Chaos until the
> > right wins a mandate in the next elections?
>
> It's not "chaos", it's the refusal of the people of Greece to be the next
> Latvia, and sacrifice decades of social achievements on the blood-drenched
> altar of Euroliberalism.
>
> Let's remember the history here: for the past 20 years, Greece, like
> Ireland, Spain and Portugal, were the model pupils of the Eurolib agenda
> of slashing the welfare state, privatizing everything in sight, and
> forcing the euro to be a one-austerity-to-rule-them-all currency. They got
> away with by buying off voters with speculative bubbles in real estate and
> housing. The whole thing was a smaller, localized version of the Wall
> Street mortgage bubble.
>
> Now their lovely experiment has blown up in the Eurolibs' face. Greece
> *should* resist the insanity of slashing the budget deficit during a
> contraction, which will trigger a deflationary collapse, and then proceed
> to wreck the few remaining Eurobanks not already taken over by the EU
> governments.
>
> -- DRR
>
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