Austerity wrecks economy and society 
Interview with Axel Troost, German LINKE MP 
16 January 2015

[ Axel Troost, the financial policy speaker of the parliamentary group DIE LINKE
in the German Bundestag, met with leading Syriza politicians. In this interview,
he explains why a debt cut is not the most immediate issue, and how Syriza aims
to re-build the mismanaged Greek state. The primary challenge, he says, is an
end to the devastating austerity policy. ]

[...]

The left internationally should understand this: unlike Venezuela under Chavez,
a Syriza government will not introduce large-scale nationalizations and the
like. They will take immediate measures in social policies and labor market
regulation, they will help deeply indebted small and medium-sized enterprises
and thus re-vitalize the domestic economy, and they will try to put the state
back on a solid financial footing. The rich and the big income earners are to
contribute their fair share to this, which would be quite a novelty. And Syriza
wants to put an end to decades of clientilism. 

Q.: How does Syriza aim to accomplish this? 

Syriza´s program rests on four pillars, the first of which is to overcome the
humanitarian crisis and the fight against poverty. This includes securing
general access to health care and energy, but also subsidies to tenants, food
vouchers, preferential rates for public transportation and raising state
pensions for seniors who currently receive less than 430 Euros per month. This
part of the program has a volume of two billion Euros.

The second pillar is a re-invigoration the economy. Most people don´t know that
many small and medium-sized enterprises in Greece have not been able to pay
their taxes and social security deductions and are now deeply indebted to the
state. But these enterprises are the core and the backbone of the Greek economy.
Syriza intends to set up regional arbitration boards that are to negotiate with
these firms with a view to bringing them back to the market so they can process
orders and employ people. In addition, the minimum wage which until 2010 was
brokered between employers and unions, is to be set at 751 Euros again. And
Syriza has four legal motions ready to be passed by parliament that would take
back the recent restrictions of employment protection and the right to strike,
and reinstate labor market and collective bargaining regulations, all of which
were razed under pressure from the Troika.

The third pillar is a labor market program. Syriza aims to create 300,000 jobs
for the longterm unemployed. And this may sound odd in other countries:
participants are to be selected by computers to avoid that the clientilist
tradition is continued and only political cronies benefit.

The fourth pillar – this may touch the core of your question – is the
institutional and democratic re-structuring of the political system. This means
that the tax administration is to be re-structured, tax investigation and new
rules are to be introduced to abolish the custom that in the aftermath of every
election the heads of tax offices were replaced according to political
affiliation. If I were to present Syriza´s tax proposals to my colleagues from
the other parties in the Bundestag´s Finance Committee, no one would be shocked
or claim that Greece was now on the brink of socialism.

Q.: Let´s talk about the debt problem a little more. What implications do the
elections in Greece have for a possible departure from austerity?

The public credits have made it possible for Greece to meet its interest
payments. What the debt crisis introduced as a novelty is that debtors in order
to re-finance their debt, constantly need lenders willing to loan at reasonable
conditions. This makes debtors susceptible to blackmail when this follow-up
financing is unavailable. As I said, Greece needs follow-up financing of 22
billion Euros this year. And it has to move the IMF and the ESM to provide this
financing. This leads to a conflict over principles. In this conflict I advised
Syriza to argue against the devastating austerity dictates and the Troika´s
completely preposterous conditionalities firstly, and not to fight immediately
for a debt cut for Greece. It will be easier to mobilize support for this demand
among European progressive parties, trade unions and social movements. It is
possible to organize a solidarity movement for Greece if it is aimed against
austerity.

Q.: A departure from austerity would require critical majorities at the European
level. Do you think it´s realistic that we will see those soon?

That is certainly difficult. First of all, the German government, that is Merkel
and company – and company meaning in this case also the social democrats - are
determined to stay their course no matter what. Others like France and Italy but
also Monsieur Juncker have realized that the present course of action has led an
economic catastrophe because we are now faced with a real risk of deflation and
unemployment remains high. They are now trying a course that still prescribes
austerity to public budgets and aims to implement further “reforms” in the labor
market and the pension systems, but also considers growth necessary.

Hence the so called Juncker Plan which is intended to stimulate private
investments. They at least recognize that austerity doesn´t work and that it
wrecks the economy and society. This is a movement that we can tie in with and
explain that in Greece we are not going to see major investment programs. These
are not at the center of Syriza´s platform, but rather the four pillars I just
sketched. And with sufficient support from the left inside and outside the
parliaments of the countries of the Eurozone, we may achieve a situation where
the implementation of Syriza´s policies which the majority of the Greek people
want is tolerated. 

full:
http://www.transform-network.net/blog/blog-2015/news/detail/Blog/-7c8ad08d18.html

+++
Left Industrial Policy - Productive Transformation For Europe
First Report – October 2014
By Maxime Benatouil and Elisabeth Gauthier

This is the first report of a new project dedicated to a Left Industrial Policy
- Productive Transformation for Europe. It aims at presenting the preliminary
results of the work undertaken by a Transform! interdisciplinary Working Group
composed of economists, trade unionists and historians – as well as its
cooperation with relevant actors of the political Left towards a progressive
EU-wide industrial and investment policy contributing to the social, ecological
and democratic transformation of Europe.

1. Introduction

The intention is to bring together the different approaches and the project
groups in a common working environment at the level of the European Left. This
paper attempts to sum up the assessments of Axel Troost (Vice-chairman of DIE
LINKE, Member of the Bundestag), the Brussels office of the Rosa Luxemburg
Foundation, Gabriel Colletis (Professor for Economics and industry specialist),
and transform! europe.

Ever since the outbreak of the crisis, the work on alternatives has been central
for transform! europe. By launching an interdisciplinary and permanent working
group of economists, trade unionists and historians (first meeting Rome
September 2014), Transform! wishes to develop a project dedicated to a “Left
industrial policy – productive reconstruction for Europe”, one of the key issues
for the future of Europe.

[...]

more:
http://www.transform-network.net/en/blog/blog-2014/news/detail/Blog/-0ed412f973.html
pdf:
http://www.transform-network.net/uploads/tx_news/LeftIndustrialPolicy_14.pdf
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