On Wednesday 12th June James Galbraith and I addressed a crowd of 2500 in Thessaloniki. After having visited the ERT’s Thessaloniki headquarters, were we had the honour and privilege of talking to ERT employees and the crowd of people that had gathered in support of public media, we walked over to the Vellidio Expo Centre were we delivered our talks on the Crisis. The events of the day had stirred up a great deal of emotion both in the crowd and in our own hearts. Here is James Galbraith’s exquisite talk.Yanis Varoufakis
James Galbraith on ERT, the Fight for Greek Democracy and the Euro Crisis
I'm beginning to feel that the global revolution may be on, with the forces aligning against each other. There is also an oppositional dynamic in the revolutionary forces.
Looks to me like Strauss & Howe's The Fourth Turning (1997) and Ravi Batra's The New Golden Age: The Coming Revolution against Political Corruption and Economic Chaos (2007) may be in the process of being borne out. See also Ravi Batra, The Downfall of Capitalism and Communism: Can Capitalism Be Saved? (1978, rev. ed. 1990).
6 comments:
JG: (GOP response)
"Problem: in Greece, overspending and under taxed..."
(They're spending like drunken sailors!... Taxpayer on the hook!)
"In US, interest rates went down because of the flight to safety..."
(Vigilantes in retreat! dont worry they will regroup!)
"Food stamps worked!"
(What about voluntary charity?)
He offers no real new ideas or any concept of real change...
Just like the other day YV trying to defend the Public Broadcaster by asserting "it didnt 'cost the govt' that much..."
These two are status quo just with a left political twist... not teachers imo, they are literally 'professors'.... they 'profess'.
"pro·fess /prəˈfes/ Verb: Claim openly but often falsely that one has (a quality or feeling) / Affirm one's faith in or allegiance to (a religion or set of beliefs)."
He asserts that they need 'Democracy' but yet they just had elections there and Syriza didnt win... Polls indicate that Greeks dont want to leave the Euro system so they vote accordingly, is this not Democracy?
Obviously the problem is not lack of Democracy...
These 2 are loose cannons..
"The pundits say that Greece will have to drop the euro after Sunday's election. But that's not what the Greek people want."
http://www.foreignpolicy.com/articles/2012/06/14/greeks_don_t_want_a_grexit
Is this not democracy in action?
The real problem is education, mostly education in the area that is currently called "Macro Economics", the problems within I think are exemplified by these two very well....
Matt, maybe because whoever starts talking MMT straight is gone from mainstream everything and sent to Siberia?
Ryan,
imo they have to leave the academe of economics... get into "government operations" or something..
They still for some reason wont 'turn in their membership cards' and this holds them back...
Here, the Greek voters generally want to stay in the Euro system, which probably comes from some sort of desire for solidarity among their fellow Europeans which is "good" imo, but the system wont work they way they have it currently configured, perhaps it can work for the surplus nations but only for a while...
These two over in Greece I dont know what they are doing, I guess trying to get Sesame Street turned back on in Greece "because it doesnt cost the govt that much" or something...
... while over in Italy I know of a guy who is over there trying to really do some teaching this week with not a lot of real help imo...
rsp,
Matt, of course Warren is doing great job here in US and in Italy, and Bulgaria too. It is very difficult for him, because he's been sent to "Siberia" for more than 20 years now and still fighting.
Prof. Galbraith wrote very powerful foreword for Warren's book, giving credibility in the eyes of all readers brainwashed by mainstream economics and media, and that I highly appreciate. At times I too was angry on him, but he is smart and honest man, maybe he has something in mind that we couldn't know?
For what it's worth, Galbraith is the individual that pointed me to MMT, by highly recommending Warren's book the 7 Deadly Innocent Frauds in a post.
Galbraith has a lot more to lose by "coming out" than Warren, Galbraith is caught up in the "pay-to-play" system. Very few people are successful going against the grain like this.
I think the proper way to view folks like Galbraith...sympathetic to the cause but making conventional-wisdom-like comments...is as subversives or Trojan Horses...trying to change the system from within without being silenced and thus neutered.
If Galbraith was to be given the boot from academia we (the public) would likely hear very little from him again.
The political system we operate under is corrupt to the core, fully implemented and systemic corruption.
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