[lbo-talk] Varoufakis' new memoir

Marv Gandall marvgand2 at gmail.com
Thu Feb 22 11:48:00 PST 2018

Worth reading in the latest New York Review of Books - economic historian Adam Tooze on Yanis Varoufakis’ account of Syriza’s capitulation to the troika.

As Tooze notes, “it was clear that the creditors had no intention of making the least concession. Why did the Greek government not simply walk away?

“Why did it stay at the table in a doomed attempt to reason with the Eurogroup?

“Given his identification with the left, Varoufakis is haunted by these questions.

“It is the struggle to answer them that makes his frank memoir not only engrossing but an important contribution to the library of modern politics, as a case study in the limits of radicalism and the forces that hold the status quo in place.”


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