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On 7/15/15 9:26 PM, Michael Yates via Marxism wrote:
Another piece I read suggests that he thinks of himself as a
modern-day Keynes, who opposed the Treaty of Versailles and predicted
dire consequences for Germany that could lead to a second world war.
There may be truth to this.
For what it's worth, this is a comment I made on FB earlier today:
What we are dealing with here, to the great discomfit of the left, is an
intractable situation. It is a function of a party being elected to
office that reflected the popular consciousness: anti-austerity but
within the eurozone. Nobody in Syriza predicted how intransigent the
Germans would be. This is probably a function of their inexperience.
Someone like Yanis Varoufakis was assuming that an argument that Syriza
was trying to save capitalism from itself would appeal to his
adversaries. However, we have entered a period of deepening nationalism
like the 1930s in which you will see more and more self-interest at the
expense of the larger interests of the bourgeoisie as a whole. My wife
did a PhD on the financial crisis and hegemony, trying to assess the
relationship of American power to its junior partners in times of
crisis. For the most part since Bretton-Woods, there has been a mutual
understanding of the system's needs. But that is breaking down. The
Greek crisis puts a spotlight on that. The differences between the IMF
and Germany now taking place reflect that. We are entering a very stormy
period that will put great demands on the left. The last thing we need
now is false illusions.
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