Three
hundred economists and academics from all continents, James
Galbraith, Stephany Griffith-Jones, Jacques Sapir, Dominique Meda,
call on European governments and international institutions to
“respect the decision of the Greek people” and to “initiate
negotiations good faith with the new Greek government to resolve the
debt issue.”
We
call on the governments of Europe, the European Commission, the
European Central Bank and the IMF to respect the decision of the
Greek people to choose a new path and to enter into negotiations in
good faith with the new Greek government to resolve the issue of
debt.
The
Greek government is right to argue that a major shift is necessary
because the policies implemented so far are a complete fiasco. They
have brought neither economic recovery nor financial stability or
jobs, or even foreign direct investment. They have damaged the Greek
society and weakened its institutions. The approach was simply bad,
it has not enabled any progress that should be preserved. We ask the
European partners to acknowledge this reality that caused the
election of the new Greek government.
Greece
needs immediate humanitarian measures, a higher minimum wage, job
creation, investment and measures to restore and improve basic
services such as health and education. It needs to have a tax system
more robust and progressive, which relies less on VAT and being able
to tax the income and wealth. The new government must also fight,
punish and eradicate corruption. To carry out these policies and give
them time to demonstrate their effectiveness, budgetary margins are
necessary. Meanwhile, the country needs the refinancing of the
European Central Bank to stabilize its banking system. We ask the
European authorities and governments to give Greece the budgetary
margins and ensure this refinancing.
The
Greek government has the right to demand cancellation of his
vis-à-vis debt of the European partners. This debt is unsustainable
and will never be repaid no matter what. There is no economic loss to
the other countries and their taxpayers. Instead, a new start for
Greece will stimulate activity, increase revenue and create jobs and
thus benefit the neighboring countries. We urge creditors to Greece
to seize this opportunity and expose these facts clearly and honestly
to the people.
What
is at stake is not only the fate of Greece, but the future of Europe
as a whole. A policy of threats, ultimatums, obstinacy and blackmail
means a moral, political and economic failure of the European project
for all. We urge European leaders to reject and condemn all attempts
at intimidation and coercion of the government and people of Greece.
Conversely,
the success of Greece can specify a path to prosperity and stability
in Europe. It would allow a renewal of democracy and open electoral
game to other positive changes. We are with Greece and Europe, for
democracy and change. European leaders must recognize the crucial
democratic choice made by the Greek people in extremely difficult
circumstances, to make a realistic assessment of the situation and
engage without delay on the path of a reasonable negotiation.
Premiers
signataires
Elmar
Altvater (FU, Allemagne)
Philippe
Askenazy (CNRS, France),
Clair
Brown (University of California, Berkley, Etats-Unis)
Dorothee
Bohle (Central European University, Hongrie)
Giovanni
Dosi, (Pisa Institute of Economics, Italie)
Cédric
Durand (Université Paris 13, France)
Gerald
Epstein (UMASS, Etats-Unis)
Trevor
Evans (Berlin School of Economics and Law, Allemagne)
James
Galbraith (University of Texas at Austin, Etats-Unis)
Gaël
Giraud (CNRS, France)
Stephany
Griffith-Jones (Columbia University, Etats-Unis)
Laura
Horn (Roskilde University, Danemark)
Robert
Jessop (University of Lancaster, Royaume-Uni)
Steve
Keen (Kingston University, Royaume-Uni)
Marc
Lavoie (Ottawa University, Canada)
Tony
Lawson (Cambridge, Royaume-Uni)
Dimitris
Milonakis (University of Crete, Grèce)
Andreas
Nölke (Goethe University Frankfurt/Main, Allemagne)
Dominique
Meda (Paris Dauphine, France),
El
Mouhoub Mouhoud (Paris Dauphine, France)
André
Orléan (EHESS, France),
Henk
Overbeek (VU University Amsterdam, Pays-Bas)
Mario
Pianta (University of Urbino, Italie)
Alfonso
Palacio Vera (Computense University of Madrid, Espagne)
Anwar
Shaikh (New School for Social Research, Etats-Unis)
Jacques
Sapir (EHESS, France)
Robert
Wade (LSE, Royaume-Uni)
Translated
from:
LMAO !!!!!!!!!!!!!!! the Banksters giving up their precious debt slaves?????????? seriously
ReplyDelete? easy on the glue.