South African Elections 2009

How I Would Vote in the Greek Referendum

How I Would Vote in the Greek Referendum

Neither alternative – approval or rejection of the troika’s terms – will be easy, and both carry huge risks   he rising crescendo of bickering and acrimony within Europe might seem to outsiders to be the inevitable result of the bitter endgame playing out between...

How I Would Vote in the Greek Referendum

How I Would Vote in the Greek Referendum

Neither alternative – approval or rejection of the troika’s terms – will be easy, and both carry huge risks   he rising crescendo of bickering and acrimony within Europe might seem to outsiders to be the inevitable result of the bitter endgame playing out between...

Bank Runs as Greece Stands Up to Financial Institutions

Bank Runs as Greece Stands Up to Financial Institutions

OK, this is real: Greek banks closed, capital controls imposed. Grexit isn’t a hard stretch from here — the much feared mother of all bank runs has already happened, which means that the cost-benefit analysis starting from here is much more favorable to euro exit than...

The US Must Save Greece

The US Must Save Greece

As the Greek saga continues, many have marveled at Germany’s chutzpah. It received, in real terms, one of the largest bailout and debt reduction in history and unconditional aid from the U.S. in the Marshall Plan. And yet it refuses even to discuss debt relief. Many,...

The Greek referendum and the tasks of the Left

The Greek referendum and the tasks of the Left

For six months, after its January 2015 election victory, the SYRIZA government began negotiations with the EU. In these negotiations SYRIZA was confronted with the stubborn and increasing intransigence of EU and its companion institutions (the ECB and the IMF). SYRIZA...

Grexit is not of Greeks’ choosing

Grexit is not of Greeks’ choosing

In my more than 30 years writing about politics and economics, I have never before witnessed such an episode of sustained, self-righteous, ruinous and dissembling incompetence – and I’m not talking about Greek Prime Minister Alexis Tsipras and the Syriza coalition. As...

A Moment of Great Decisions

A Moment of Great Decisions

Despite media misinformation and EU blackmail, anti-austerity forces in Greece remain strong ahead of Sunday’s referendum. by Stathis Kouvelakis My “uncharacteristic silence” of the last few days, as someone described it on my Facebook page, is simply due to the fact...

A Moment of Great Decisions

A Moment of Great Decisions

Despite media misinformation and EU blackmail, anti-austerity forces in Greece remain strong ahead of Sunday’s referendum. by Stathis Kouvelakis My “uncharacteristic silence” of the last few days, as someone described it on my Facebook page, is simply due to the fact...

The moral crusade against Greece must be opposed

The moral crusade against Greece must be opposed

The idea that Greece partly deserves its fate reflects an order in which wealth trumps democracy. We should fight a narrative that enfeebles us all ‘This is our political alternative to neoliberalism and to the neoliberal process of European integration: democracy,...

Greece defaults on IMF loan payment

Greece defaults on IMF loan payment

The IMF confirmed that Greece had not made its scheduled €1.6 billion loan repayment to the fund. ATHENS – Greece’s last-minute overtures to international creditors for financial aid on Tuesday were not enough to save the country from becoming the first developed...

Popular unity for No! and a complete break

Popular unity for No! and a complete break

The turning point that we hoped for, and which we had started to doubt would come, has arrived. The disastrous parody of “negotiations”, the spiral of retreats and concessions has been stopped. This turn has taken shape around a simple and obvious word, which has the...

Tsipras goes for referendum on 5 July

Tsipras goes for referendum on 5 July

Greek PM Alexis Tsipras has just called a referendum on 5 July. This after spending most of the week locked in discussions with creditors, in which no deal emerged. Here’s a quick recap — and why its likely Greece will vote no. Last Sunday the Greek cabinet agreed the...

An End to the Blackmail

An End to the Blackmail

In a landmark speech, Greek Prime Minister Alexis Tsipras announces that a referendum will be held on the Troika bailout deal. For six months now the Greek government has been waging a battle in conditions of unprecedentedeconomic suffocation to implement the mandate...

Chavez: Lessons for SA

Chavez: Lessons for SA

Fidel Castro said of Chavez, "If you want to know what kind of man he was, look who was crying at death and who was celebrating". The torrential hatred directed at Chavez from the metropoles of global power is hardly surprising. Perhaps more than any other, the...

Africa: Future Trajectories for BRICS

Africa: Future Trajectories for BRICS

Despite much optimism, there are clear indications that BRICS [1] lacks the capacity to function as a powerful and innovative new force in the realm of global politics and governance. Can BRICS emerge as a collective that will reject the current neoliberal order and...