The Greeks have just committed suicide by electing the most fanatically neoliberal government ever

globinfo freexchange

The result of the recent Greek national elections will puzzle future historians for decades. The Greek voters gave a clear victory to the conservative right party, New Democracy, which will govern with 158 seats, without the need to make any coalitions.

It could be characterized a "paradoxical" result mainly for two reasons:

First, the voters gave a clear governmental order to one of the traditional powers of the old political system, which are highly responsible for the Greek crisis that erupted in 2010. Several top names of the new government, and even New Democracy leader, Kyriakos Mitsotakis, have been accused of being involved in various corruption scandals, in the not so distant past.

Second, the fact that the voters elected perhaps the most fanatically neoliberal government ever. This means that Mitsotakis administration is expected to implement the brutal neoliberal policies imposed by Greece's creditors to the letter. Recall that those policies deepened the recession and made things worse for the economy.

It is now well-known that Greece's creditors sacrificed the country to save the banks. Yet, after nine years of brutal austerity measures, the economy is not looking good at all. Debt has reached 180% of GDP from 120% when Greece entered the bailout program. Banks have been bailed-out with billions and still are not lending money to real economy and especially the small-medium business sector.

Yet, right before the election day, a New Democracy member (Babis Papadimitriou) who got elected, suggested that the 'safety pillow' of 37 billion - which the Greek government managed to collect through the brutal implementation of insane surpluses - should be given to the banks!

Note that Babis Papadimitriou is a former journalist worked for the Skai TV station. The station openly supported New Democracy, and its owners are part of the oligarchy that was very displeased with the SYRIZA administration. That's because Tsipras was not willing to succumb to oligarchy's interests.

The current New Democracy party is a product of the Greek oligarchy establishment. The party - especially after the eruption of the Greek crisis in 2010 - has been transformed into an unprecedented and peculiar mixture of some of the most fanatic neoliberals and some of the most fanatic nationalists.

The nationalist faction of the party played a critical role. The Greek media begun a new round of propaganda against Tsipras administration. They managed to persuade many Greeks that the agreement for the name of North Macedonia was an act of treason against Greece's national interest. And that, New Democracy, the traditional right, is still patriotic and would had never sign such an agreement. This was actually the epicenter of propaganda. Of course, the truth is that the neoliberal New Democracy would had sign whatever the Western imperialists wanted. It's ideologically identical with them, after all.

The bad news for the neoliberal establishment is that SYRIZA managed to maintain a significant portion of its power (31.53%). This has brought a kind of embarrassment to the establishment because SYRIZA is still not under full control. It is not accidental that various circles close to New Democracy were implying that apart from a clear victory, another target would be the strategic defeat of SYRIZA. Meaning, the return of SYRIZA to its pre-crisis 3% level.

So, the establishment sense that there is a 'danger' that the party could slip again away from the neoliberal order imposed by the power centers inside and outside Greece. Maintaining such a power, it may become a real threat to the neoliberal order again.

However, many of these things probably won't matter because now New Democracy has four years to implement the most devastating neoliberal program, without any significant resistance. This is its sole mission. To transform the country into a neoliberal paradise for the oligarchs and the foreign investment 'predators'. And this 'brilliant' plan will be paid one more time by the Greeks, who will see the destruction of public health and education. The destruction of social state. The complete looting of public property. The destruction of whatever has left from labor rights and social security.

The Greeks have just committed suicide by electing the most fanatically neoliberal government ever.