Wednesday, July 29, 2015

David F. Ruccio — “Thought is the courage of hopelessness”

So, the current situation does appear hopeless.
However, in challenging the terms of the bailout—first, in supporting the “no” vote in the 5 July referendum and, then, in Prime Minister Alexis Tsipras’s statements that his government would not implement reform measures beyond those agreed with lenders at a euro zone summit this month—the Greek government has come to represent all the “thinking and suffering people” of Europe and to expose the “passive and thoughtless existence” that characterizes the tiny elite that currently reigns on that continent.
That, perhaps, should fill us with hope.
Sorry, I haven't got my hopes up. If the European elite is to be defeated in their attempt to impose neoliberalism on Europe, indications are that it will likely be by the nationalist Right rather than a resurgent Left. The Left has had its chance on several occasions in different countries and has consistently blown it.

Occasional Links & Commentary
“Thought is the courage of hopelessness”
David F. Ruccio | Professor of Economics University of Notre Dame Notre Dame

1 comment:

Ignacio said...

Podemos has been destroyed by Syriza. Not that is bad, and it's the same crap as always, incompetent and clueless anyway.

There is "muddle through" recovery, people wants stability, not adventurism, and "we are not Greeks, after all". The result is: if you are going to vote and get the same results, at least vote traditional parties which will reduce the screw over (hence the traditional socialist party rising again and Podemos losing votes). So let the slow race to the bottom continue.

Meanwhile in France, where the economy is stagnated, borderline recession, the nationalist right will provide "the fixes" (or that's what they will say) that the delusional left won't.

At least the can kicking is coming to an end, I'll grant Tsipras and Syriza incompetence that achievement.