Skip to main content

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.


Comments

Popular posts from this blog

Capitalism & Genocide - Yanis Varoufakis Speech at the Gaza Tribunal, 23rd October 2025, Istanbul

Yanis Varoufakis   On 23rd October, Yanis Varoufakis testified in front of the Jury of Conscience in the context of the Gaza Tribunal. His speech focused on the economic forces underpinning the genocide of the Palestinian people. In particular, he spoke on the manner in which capitalist dynamics have historically fuelled the white settler colonial project and, more recently, how the accumulation of a new form of capital - which he calls cloud capital - has accelerated, deepened and amplified the economic forces powering and propelling the machinery of genocide. 

Exposed: USA plans to use this country to hurt China & help Israel

Geopolitical Economy Report   In Cold War Two, the USA is pressuring countries to cut ties with China and recognize Taiwan separatists. Donald Trump blatantly meddled in Honduras' 2025 election and backed a political coup to put in power right-wing oligarch Nasry "Tito" Asfura, who strongly supports Taiwan and Israel. Ben Norton discusses US imperialism in Latin America.  

Racing Extinction

suggested by failedevolution.blogspot 18th Thessaloniki Documentary Festival Scientists predict that humanity’s footprint on the planet may cause the loss of 50% of all species by the end of the century. They believe we have entered the sixth major extinction in Earth’s history, following the fifth great extinction which took out the dinosaurs. Our era is called the Anthropocene, or “Age of Man,” because evidence shows that humanity has sparked a cataclysmic change of the world’s natural environment and animal life. Yet, we are the only ones who can stop the change we have created. The Oceanic Preservation Society (OPS), the group behind the Academy Award-winning film The Cove, is back with a new groundbreaking documentary. Joined by new innovators, this highly charged, impassioned collective of activists brings a voice to the thousands of species teetering on the very edge of life. The director has crafted an ambitious mission to clearly and artfu...

Varoufakis: IT technologies will overthrow Capitalism

globinfo freexchange The former Greek Minister of Finance, Yanis Varoufakis, ended his recent speech on the Future of Capitalism, at the New School, New York, with some interesting remarks. As he said: The world we live in, is increasingly rudderless, in a constant slow burning recession, while at the very same time, the increasing concentration in the IT sector is creating the new technologies that will do that which the Left has failed to do: overthrow Capitalism. It is really very simple. The moment machines pass the Turing test properly, and you pick up the phone and you do not know whether the person you are talking to is a human being or a machine ˙ the moment we are going to have 3D printers operating as public utilities - you can send any blueprint to it and it can print from one pin to a motorcycle, or to a car - the moment that this happens, we have not just a process of Schumpeterian creative destruction, but we have a process where economies of sc...

Neoliberal establishment will attempt to take control of the evangelical electoral army using its most powerful asset for such an operation: Joe Biden

globinfo freexchange Here is another strong indication about the theory we support, according to which Trump, Brexit and other far-right governments in power, are primarily the product of a merciless civil war of the big capital. Politico 's article subtitle tells you almost everything you need to know: The president’s supporters worry Biden can grab a larger slice of a critical voting bloc — when Trump can least afford departures from his base. Let's take a look at some interesting parts [most important highlighted]: It was June 10, 2008. Presumptive Democratic presidential nominee Barack Obama had gathered with dozens of evangelical leaders — many of them fixtures of the religious right — at the urging of campaign aides. If he could offer genuine glimpses of his own abiding faith, they insisted he could chisel away at the conservative Christian voting bloc. The strategy worked. Obama’s campaign stops at churches, sermon-like speeches and hi...

Mossad ‘in contact from very beginning’ with killers of Italian PM, reporter reveals

A roving reporter who covered Italy’s top politicians explains to The Grayzone how his country was reduced to a joint US-Israeli “aircraft carrier,” and raises troubling questions about an Israeli role in the killing of Prime Minister Aldo Moro.   by Kit Klarenberg and Wyatt Reed   Part 7 - Mossad continues Italian ops amid Gaza genocide   Today, there is little trace of any pro-Arab tendencies in mainstream Italian politics. According to Salerno, the US and Israel no longer have any need to “destabilize Italy” as the country is economically “weak.” Rome’s government now is for all intents and purposes “a continuation, even an extension, of the old fascist regime,” he says, adding, “there are people in the government that have statues of Mussolini in their houses.” Prime Minister Giorgia Meloni has made clear she harbors little sympathy for the Palestinians, and little intention of recognizing a Palestinian state – even after it was revealed in November 2024 the Mossad ha...

Maduro's opening to China

“ Chinese President Xi Jinping on Wednesday said he hopes Venezuela will use bilateral financing mechanisms and channel more funds to the areas of energy, mining, agriculture and industry while meeting with Venezuelan President Nicolas Maduro.” “ Financing mechanisms between the two countries total more than 50 billion U.S. dollars, according to Venezuelan experts. Financing mechanisms, including the China-Venezuela Fund, have provided financial support for some 256 projects. China and Venezuela upgraded their relationship to a comprehensive strategic partnership during Xi's visit to Venezuela in 2014, opening a new chapter in bilateral ties.” “ During their meeting, Xi called on the two sides to push bilateral ties to a higher-level. China supports Venezuela's efforts in restructuring its economy and establishing a manufacturing economic model, he said. Xi suggested the two countries push forward cooperation in the fields of oil exploration, infrastru...

F-35s & AI Chips: How MBS Outplayed Washington & Beijing

GVS Deep Dive  Saudi Arabia just secured two of the most powerful assets in modern geopolitics: the U.S. F-35 stealth fighter and tens of thousands of Nvidia’s most advanced AI chips. Washington hoped this would pull Riyadh firmly back into the American orbit. But the outcome is something neither side fully expected: Mohammad bin Salman outplayed both Washington and Beijing — and used the great-power rivalry to his advantage.

Putin’s War BOMBSHELL Destroys Trump’s Ukraine Plan

Danny Haiphong   Vladmir Putin has dropped a huge bombshell on Trump and his plan to end the Ukraine conflict on terms favorable to the US & NATO says former CIA analyst Larry Johnson & Patrick Henningsen. This video breaks down the truth about the conflict the neocons in the European and US establishment don't want you to know.   

South American Pink Tide nations should unite to face US imperialism

by system failure   In one thing Donald Trump and his liberal rivals are united: to keep the US imperialist project alive. No matter how much angry they are with him, the liberal clowns (and their corporate media) fully align behind the orange clown under the roof of the US imperialist circus.  After supporting ridiculously that Venezuela is a key drug cartel hub to justify a possible invasion, the orange clown suddenly remembered that Colombia "is making cocaine". For decades, the Colombian cartel under right-wing US-puppet governments, collaborated with CIA in drug trafficking. Yet, now, "coincidentally" under a Leftist government who actually tries to deal with the problem of drug trafficking, Trump discovered the Colombian cocaine.  Of course, even a ten-year old kid knows today that the US aggression against Latin America countries, has nothing to do with drugs, or defending Democracy and human rights. It has to do with the resources and the fact that Russia a...