Oskar Lafontaine, Germany's former finance minister and former co-chair of the country''s Left Party, has joined others on the Greek and European left in calling for a breakup of the eurozone.
Lafontaine has reconsidered his earlier hopes for the eurozone in light of its anti-democratic neoliberal character. He wants to revert to a more flexible currency arrangement which would allow debtor nations to avoid the crushing austerity inherent in an internal devaluation. Whatever the merits or lack of same of his proposal to revive the old European Monetary System (EMS), Lafontaine's intervention lends powerful support to those calling for an orderly exit from the eurozone. "As a convinced European, I had long supported the politics of a growing transfer of tasks towards the European level", he says. “It is regrettable that the influential German philosopher Jürgen Habermas, and many political figures and economists having participated in these discussions continue to stick to this path, even while from one year to the next it seems more and more to lead to error and set the peoples of Europe against each other." https://www.facebook.com/marv.gandall _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
