In my view, Syriza was correct to say that it wanted to stay in the euro and campaign for removing the debt burden and reversing austerity. To start from the view that Greece must leave the euro and then look at ‘reversing austerity’ puts the cart before the horse and also runs in the face of the aspirations of Greeks to be ‘part of Europe’.
What’s wrong with both the Syriza leadership position and that of the left within Syriza is that they have put the debt burden and the euro on the front burner rather than replacing failed Greek capitalism at home as the top priority. Whether Greece is in or out the euro will not restore growth and living standards if the capitalist sector continues to dominate in Greece. Greece’ s public sector debt can never be repaid and should be written off as odious. But the cost of servicing it has fallen to low levels already, so writing it off will not alone kick-start the economy. full: https://thenextrecession.wordpress.com/2015/02/20/troika-grexit-or-plan-b/ _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
