Skip to main content

We need a united front of all the forces that are fighting against financialized, oligarchic capitalism

Any government of the Left will have to take Greece out of the euro on Monday morning, if it is elected on Sunday.


This is one of the key conclusions arisen from Costas Lapavitsas' short speech at the No Euro International Forum. Lapavitsas also said among other things:

In Europe, the financialized capitalism comes through the monetary union and the European Union. These are institutional mechanisms of globalized, financialized capitalism. Therefore, for us, fighting against modern capitalism involves fighting against monetary union and European Union. It's part of the broadest struggle.

It is nonsense to think of democratization and fighting from within the European Union. Disobedience from within the European Union is nonsense. It's impossible. But people think that it is possible to fight from within because they scare of nationalism. That is the big fear we must confront. Lenin's argument very simply was that sometimes you've got to separate in order to unite. That means "no" to the monetary union and getting out of the euro, of course.

Any government of the Left will have to take Greece out of the euro on Monday morning, if it is elected on Sunday. You have no option because otherwise, Mario Draghi will turn the tap off. And if Draghi turn the tap off, there is no politics, there is no economics, there is nothing because you don't have liquidity. So, you have to take action on Monday morning. New currency, new money, new liquidity. Monetary sovereignty.

Those who understand the situation in Europe, have three tasks in front. The first, is a concrete proposal of exit from the monetary union. Second, a concrete proposal related to exit on how to restructure the economy, how to begin to create growth and income and how to bring the economies of Europe together. How to control capital flows, how to control foreign exchange, how to control investments across Europe, in order to prevent national conflict across Europe.

The Left must learn to speak a different language. People don't listen to us, we need a new narrative. We need a new way of communicating to people, what kind of society we want and what kind of Europe we want. People want some kind of Europe, there is such a thing as commonality of perception. Not a European character, not a European identity, not a European people, but there is a commonality. We must find a new narrative. A narrative from a Socialist perspective, from an anti-capitalist perspective. We don't have it.

We need a united front of all the forces that are fighting against contemporary, financialized, oligarchic capitalism in Europe and elsewhere.

This front will not be created easily. It will take time. There are many efforts, many initiatives across Europe right now. We need to be acting as a unifying force, not a dividing force. We need to find what brings us together to deliver what we need, which is the transformation of each country and the transformation of Europe. I believe it's possible, I believe we can do it, but we need to work very hard in the near future.

Full speech:

Comments

Popular posts from this blog

"Kidnapped in Int'l Waters": Israel Intercepts Gaza-Bound Aid Ship, Detains Greta Thunberg & Others

Democracy Now!   Eleven peace activists and one journalist on board the Gaza Freedom Flotilla ship, the "Madleen," were detained by Israeli soldiers as their ship carrying vital humanitarian aid for starving Palestinians approached Gaza.    The ship was intercepted by Israeli forces in the middle of the night in international waters. Its supplies were seized and communications jammed. The unarmed activists will likely be transported to Israeli detention or "immediately deported," says Ann Wright, a U.S. military veteran who has participated in four Freedom Flotilla journeys and now serves on the steering committee of the Freedom Flotilla Coalition. She calls on citizens of countries around the world to push for the activists' release and an end to Israel's war on Gaza. 

How Israel’s Supporters Play Victim to Justify Genocide & Silence Critics

BreakThrough News   As Israel commits a live-streamed genocide in Gaza, Western media and political elites continue to center one narrative: Jewish fear. But what about the actual victims of this genocide—Palestinians? Journalist Nora Barrows-Friedman joins Rania Khalek on Dispatches for a fearless conversation on Zionist indoctrination in the Jewish diaspora, how antisemitism is being weaponized to silence critics of Israel, and how Jewish identity politics has been manipulated to cover for unspeakable crimes. From the media blackout on Israeli war crimes to the erasure of anti-Palestinian hate crimes—even in the diaspora—Nora lays bare the contradictions and power structures behind it all. 

How the EU is using anti-Russia sanctions to criminalise journalism

The EU sanctioned me and my media outlet for covering Palestine protests in Germany. It’s part of Europe’s growing authoritarianism and militarism, cloaked in language of fighting disinformation and defending democracy.   by Hüseyin Dogru   Part 2 - How the EU uses anti-Russian hysteria to smear Palestine solidarity journalism   The official rationale for sanctioning me hinges on red .’s alleged links to Russian influence. The EU sanctions listing cited just two pieces of “evidence”: that some red. staff had previously worked for Russian-funded media, and that we covered “politically controversial subjects” – specifically: Palestine. That’s it. The listing accuses me, through my work with red ., of “facilitating violent demonstrations”, amplifying “radical Islamic terrorist narratives” and claims our staff “coordinated with occupiers”. Not a single piece of evidence is cited, apart from the fact that we published footage of a pro-Palestine student occupation in Berlin. I...

UN report confirms: Israel is a terrorist state and its goal is to exterminate all Palestinians

Israeli attacks on educational, religious and cultural sites in the Occupied Palestinian Territory amount to war crimes and the crime against humanity of extermination, UN Commission says.     globinfo freexchange Israel has obliterated Gaza’s education system and destroyed over half of all religious and cultural sites in the Gaza Strip, part of a widespread and relentless assault against the Palestinian people in which Israeli forces have committed war crimes and the crime against humanity of extermination, the UN Independent International Commission of Inquiry on the Occupied Palestinian Territory, including East Jerusalem and Israel, said in a new report [yesterday]. While the Commission paid special attention to the situation in Gaza, the report focuses on attacks in the Occupied Palestinian Territory as a whole, and in Israel. “We are seeing more and more indications that Israel is carrying out a concerted campaign to obliterate Palestinian life in Gaza,” said Navi Pi...

Keir Starmer admits Ukraine a proxy war

The Grayzone   The Grayzone 's Max Blumenthal and Aaron Mate on the British PM's unintentional acknowledgement of an inconvenient truth. 

[LIVE] War in the Middle East after Iran's retaliation against Israel

globinfo freexchange      Explosions in Tel Aviv as sirens sound across Israel amid Iranian missile attacks in response to Israeli strikes.      The Israeli military continues to launch waves of strikes against Iranian military and nuclear sites, as well as major cities.   Updates:  https://www.aljazeera.com/news/liveblog/2025/6/13/live-explosions-reported-in-iran-amid-israel-tensions  

How the U.S. & Israel Used Rafael Grossi to Hijack the IAEA and Start a War on Iran

Rafael Grossi, Director General of the International Atomic Energy Agency (IAEA), allowed the IAEA to be used by the United States and Israel—an undeclared nuclear weapons state in long-term violation of IAEA rules—to manufacture a pretext for war on Iran, despite his agency’s own conclusion that Iran had no nuclear weapons program.   by Medea Benjamin - Nicolas J. S. Davies On June 12th, based on a damning report by Grossi, a slim majority of the IAEA Board of Governors voted to find Iran in non-compliance with its obligations as an IAEA member. Of the 35 countries represented on the Board, only 19 voted for the resolution, while 3 voted against it, 11 abstained and 2 did not vote. The United States contacted eight board member governments on June 10th to persuade them to either vote for the resolution or not to vote. Israeli officials said they saw the U.S. arm-twisting for the IAEA resolution as a significant signal of U.S. support for Israel’s war plans, revealing how much Isra...

War criminal Netanyahu is pushing the Orange Clown and the US into the abyss

globinfo freexchange   It seems that the war criminal Benjamin Netanyahu, is rushing to accelerate the decline of the US empire by forcing Donald Trump into an utterly devastating war with Iran.   Trump shot himself in the foot during his first term by killing the Iran nuclear deal just because he wanted to erase everything from the Obama legacy. His insane narcissism pushed him into crazy acts and made him believe that he could make another deal with Iran credited solely on him.   But now he is in big trouble because he has to deal with a corrupted psychopath who won't hesitate to burn the entire planet just to save himself.  As if the genocide of Palestinians in Gaza was not enough, the out-of-control psychopath Netanyahu, is doing whatever he can to drag the US into a war with Iran. As he realized that the Iranians are approaching the negotiating table again, (rather surprisingly with the man that killed the first deal and assassinated Qasem Soleimani), he decide...

UNHINGED CNN, FOX War Propaganda After Iran Strikes

Breaking Points   Krystal and Saagar discuss unhinged war propaganda on mainstream media. 

Trump in SHOCK: Putin & China FLIP His Grave Mistake into STUNNING Victory

Danny Haiphong   Putin & China just gave Trump a rude BRICS awakening, and this bombshell will change everything for generations to come. Geopolitical analyst Ben Norton details the truth about Trump's biggest failure against the rising power of BRICS led by Russia and China, and why the US's role as super power is now in serious question.     Related: Trump's tariffs: A unique opportunity for BRICS and the Global South to fully escape from dollar tyranny