Greece: What is to be Done?: A Pamphlet
Language: English
Pages: 111
ISBN: 1780998244
Format: PDF / Kindle (mobi) / ePub
"Greece What is to be done" analyzes the Greek debt crisis, the multilateral austerity countermeasures, and offers alternatives to the socioeconomic destruction of Greece and the Eurozone.
False Economy: A Surprising Economic History of the World
Guide to Management Ideas and Gurus (The Economist)
360 Degree Feedback: A Transformational Approach
The Real Crash: America's Coming Bankruptcy - How to Save Yourself and Your Country
Beyond Positivism: Economic Methodology in the Twentieth Century (Revised Edition)
culminating in the reduction of minimum wages, unemployment benefits, wages and salaries throughout the private sector, and in a further set of pension cuts that was imposed in February and March of 2012. Its synopsis reads like a new version, refined and systematized through the introduction of individual monitoring methods, of the emergency decrees of the Brüning era (1930–1932). The troika commission also spared no effort to swiftly replicate for Greece the “agenda 2010” that has been enforced
catastrophe that left 100,000 dead. What followed was the ransacking and destruction of more than 1,600 towns as part of anti-partisan warfare in 1942/43, leading to one million homeless. In addition, when the German occupants retreated from Greece in the fall of 1944, they destroyed most of the economic and transportation infrastructure. In this way, Greece shared the fate of the occupied territories in Eastern Europe, whose socio-economic foundations fell prey to unprecedented predatory and
to leave the eurozone, as the reintroduction of the drachma and the resulting hyperinflation would have forced them to write off their loans, which are denominated in euros. The conclusion is clear: national bankruptcy would have prevented further aggravation of the crisis; it would have accelerated economic consolidation and saved Greek society from long-term pauperization. Seen from a global perspective, the Greek debt crisis is a rather marginal event, so the global effects would have been
has been aggravated by the global crisis. Its European offshoot, the “Bloccupy Frankfurt” movement, has focused its critical attention on the European Central Bank and might also play an important role. The fixation on the state and the authoritarian-productivist habitus of the traditional left and its revolutionary theory are obsolete. Departing for new horizons has become easier because the social strata that are the bearers of transnational mass movements have developed new visions of life
of the troika commission declared themselves willing to recommend disbursal of the fifth loan instalment and initiation of a second loan program. Under a medium-term finance plan covering the period until 2014, the privatizations are to yield 50 billion euros; cost-cutting measures and tax hikes are to yield an additional 28 billion euros. In return for acceptance of the privatization program, the creditors were advised to increase the volume of the existing loan program by 109 billion euros; it