Of course we are hearing how bad the bankers are. But the Syriza
leadership should have known that from the get-go and acted
accordingly. Instead, it burned up cash reserves and calls a
referendum when capital controls had to be imposed and just before bank
notes will run out of availability, leading to a serious possibility
that 'YES' for the bankers will win.
Suppose back in January it made an initial proposal - to be certainly
rejected - then made a modified anti-austerity proposal and stuck with
it for a month, and then called a referendum that was clearly
understandable and with two-weeks lead time for proper consideration.
As it now stands, what does a 'NO' vote offer? Is it only a confidence
vote and, if won, narrowly so? Anything else? Is confidence in
Syriza's leadership warranted?
Paul Zarembka
--
==== */Research in Political Economy/
<http://www.emeraldinsight.com/books.htm?issn=0161-7230>* (since 1977) |
Editor's *webpage <http://www.acsu.buffalo.edu/%7Ezarembka>*
/*Sraffa and Althusser Reconsidered; Neoliberalism Advancing*/ (2014)
/*Contradictions: Finance, Greed, and Labor Unequally Paid*/ (2013)
/*Revitalizing Marxist Theory for Today's Capitalism*/ (2011), with R.Desai
/*The Hidden History of 9-11
<http://catalog.sevenstories.com/products/hidden-history-of-911>*/ (2nd
ed., Seven Stories Press)
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