Skip to main content

Greece could leave the EU: why the Grexit option deserves consideration

With the Greek psyche itself the victim of a relentless shaming campaign, the idea of Greece “going it alone” begins to seem outlandish and quixotic. It is not. But it is as much tied to a revival of spirit and self-esteem as to the nuts and bolts of economic transformation.

by Michael Nevradakis

Part 1

Eight years into the deepest economic depression that an industrialized country has ever experienced, we are now being told that Greece is a “success story.” Having accepted the “bitter medicine” prescribed by the “troika”—the European Commission, the European Central Bank, and the International Monetary Fund—the storyline today is that Greece is on the road to recovery, firmly within the European Union and the eurozone.

This narrative was recently echoed by Greek Prime Minister Alexis Tsipras in his annual speech at the Thessaloniki Trade Fair, Greece’s equivalent to the State of the Union address. In this speech, Tsipras triumphantly declared that talk of “Grexit”—or a Greek departure from the eurozone and the EU—has been replaced by that of “Grinvest.”

Within such a context, there is seemingly no room for discussions about whether it is in Greece’s best interest, even after so many years of implementing the troika’s austerity diktats, to consider a departure from the eurozone and the EU. Indeed, the narrative is that the people of Greece overwhelmingly have never supported the prospect of “Grexit.”

All throughout the economic crisis in Greece, it has been reported that polls have consistently shown clear majorities favoring the country’s “European trajectory” and rejecting the possibility of a departure from the eurozone and EU.

So the Greeks want the euro at all costs, even if it means more harsh austerity measures and cuts to wages, pensions and social services. Or so we are told. These claims would be believable if they were the product of robust public debate and deliberation on the respective pros and cons of remaining within the “European family” or departing. But in Greece, and in most of the global mainstream media, there is no such debate and never has been.

Instead, what has taken place in Greece during the economic crisis has been the complete elimination from public debate of opponents of the prevalent economic and political doctrines. Those who oppose the eurozone, the EU, or simply the austerity measures, are stamped with the “scarlet letter” of being “nationalists,” “xenophobes,” or “fascists.” Such rhetoric became even more polarized following the Brexit referendum result. The Brexit result and the rise of “populism” have themselves been demonized, while poll results that contradict the mainstream narrative are habitually buried by the supposedly “objective” major media outlets.

Following the first installment of this series –in which the less-than-democratic roots of the EU, the zeal with which the EU is lionized by the global media today, the EU’s present-day democratic deficit and hypocrisy, and the attempts to discredit opponents of the EU and neoliberalism were analyzed–this piece will focus on what has long been the “elephant in the room” in Europe: the possibility of departure from the eurozone and from the EU, and why it must, at the very least, be debated on equal terms in economically suffering countries such as Greece.

Comments

Popular posts from this blog

EXPOSED: Zohran Reveals MASSIVE 9/11 Cover Up & SHOCKS ALL!!

Secular Talk

Όσοι περνάν των χώρα της απόγνωσης παθαίνουν αμνησία ...

globinfo freexchange Δανειστήκαμε αυτή τη φράση από ένα παλιό κομμάτι της Ελληνικής ροκ μπάντας "Τρύπες", για να περιγράψουμε με λίγα λόγια αυτό που φαίνεται να έχει πάθει η Ελληνική κοινωνία.  Πώς είναι δυνατόν μια ολόκληρη κοινωνία να έχει ξεχάσει ποιοι τη χρεοκόπησαν; Ποιοι έστησαν το άθλιο σύστημα των κρατικοδίαιτων 'ημέτερων' και της οικογενειοκρατίας; Ποιοι έσωσαν τις τράπεζες με πακτωλό δισεκατομμυρίων σε βάρος της μεσαίας τάξης; Ποιοι έκαναν τη μίζα και το ρουσφέτι επάγγελμα; Πώς είναι δυνατόν αυτή η κοινωνία να ετοιμάζεται να ξαναφέρει στην εξουσία ένα κομμάτι αυτού του άθλιου πολιτικού κατεστημένου, με την επιστροφή μάλιστα του αμετανόητα νεοφιλελεύθερου Κυριάκου Μητσοτάκη και της ομάδας του;   Η απόγνωση που έφεραν εννέα χρόνια βάρβαρων νεοφιλελεύθερων πολιτικών και σκληρής λιτότητας και που ανάγκασε τη χώρα να διαβεί τον εφιαλτικό μονόδρομο της μόνιμης χρεοκοπίας, πρέπει να έπαιξε σημαντικό ρόλο.  Διότι ως γνωστόν, η απελπισία...

Iran Backs Yemen's MASSIVE Attack, Missiles SLAM Saudi & US Navy

Danny Haiphong Prof. Seyed Mohammad Marandi discusses Iran's major support for Yemen's ongoing offensive against US-Saudi forces and the game changing shift in the war.

EU Is Finished & China Can Now Pull the Plug on the U.S. Economy

Glenn Diesen Yanis Varoufakis is an economist, the former Finance Minister of Greece, and the author of numerous bestselling books. Varoufakis discusses how the EU is a cartel designed by the U.S. that is no longer fit for purpose. The German economic locomotive has broken down; the EU no longer has an economic model, its foreign policy is consumed by war, and it has already become a technological colony. Varoufakis also argues that China can now pull the plug on the U.S. economy if it chooses to do so.

Trump PANICS As US BOMBS WEDDING & Iran GETS REVENGE!!

Secular Talk  /  Breaking Points

Julian Assange Is Back — Here's What That Means

Glenn Greenwald

Iran Has DESTROYED US Bases in the Gulf

The Chris Hedges YouTube Channel

Σε επανάληψη το έργο «η Άγκυρα είναι εκνευρισμένη» από το μιντιακό τσίρκο Μητσοτάκη

globinfo freexchange Το Μητσοτακικό μιντιακό τσίρκο παίζει για άλλη μια φορά το έργο «η Άγκυρα είναι εκνευρισμένη» με την συμμαχία Ελλάδας-Ισραήλ. Φυσικά, οι μιντιακοί καθεστωτικοί παπαγάλοι δεν θα σας πουν ποτέ ότι ο Νετανιάχου είναι εγκληματίας πολέμου με βάση την απόφαση του διεθνούς ποινικού δικαστηρίου, ότι το Ισραήλ στην τελευταία σύνοδο του ΟΗΕ ήταν περισσότερο απομονωμένο από ποτέ, ότι η υποστήριξη των Αμερικανών ψηφοφόρων προς το Ισραήλ έχει κυριολεκτικά κατακρημνιστεί και συνεχίζει την κατιούσα με βάση τελευταίες δημοσκοπήσεις και ότι οι διαδηλώσεις και εκδηλώσεις ενάντια στο Ισραηλινό κράτος-τρομοκράτη, εντός και εκτός Δύσης, είναι καθημερινό φαινόμενο. Οι μιντιακοί Γκέμπελς προσπαθούν απεγνωσμένα να δημιουργήσουν κλίμα υπέρ του Μητσοτάκη, αντιστρέφοντας την πραγματικότητα, καθώς βλέπουν ότι, ακόμα και στις στημένες δημοσκοπήσεις, τα ποσοστά της ΝΔ απέχουν παρασάγγας από την αυτοδυναμία. Πράγμα που σημαίνει ότι το διεφθαρμένο κόμμα Μητσοτάκη ενδεχομένως να μην αγγίζει ούτε κ...

Maggie's ghost: What is haunting Europe

by system failure "A ghost is haunting Europe — the ghost of Communism", Marx wrote in the Communist Manifesto, in 1847. He couldn't probably predict that the ghost above Europe in 2013, would have been totally different. Thatcher's dogmatic faith in free market, in minimizing state's presence, was a basic characteristic of her political perception. One could wonder, why the "Iron Lady" silenced in front of the facts during last decade, especially after the global economic crisis. Is it because of her age? Was she believed in the routine motto that "this is just a capitalism's cycle and will recover soon"? Or is it because she finally understood, rather late, that this was not an ideal model of the free market, but the prevail of a peculiar bank-debtocracy? Margaret Thatcher, is a characteristic case of a politician, who's fanatic faith in a specific perception, wouldn't let her see the real picture, what was this per...

Ben Gvir, Smotrich TRAPPED In Britain? Israel in PANIC after UK STUNS World

OPTM The United Kingdom has just dropped a political bombshell that has sent shockwaves through the occupation regime. In an unprecedented move, Britain—alongside France, Canada, and nine other nations—has banned all trade in goods produced in illegal settlements in the occupied West Bank. Foreign Secretary Ed Miliband accused settler terrorists of carrying out ethnic cleansing, declaring that the UK would ban imports of all settlement goods and restrict services including financing and construction. The reaction from the occupation's far-right ministers has been nothing short of hysterical. Finance Minister Bezalel Smotrich called for the immediate expulsion of the British ambassador, while National Security Minister Itamar Ben-Gvir—in a fit of delusional whataboutism—demanded that the occupation government recognize Argentine sovereignty over the Falkland Islands and impose sanctions on Britain. Ben Gvir and Smotrich are trapped, and they know it. This is the colonial master fina...