Skip to main content

We need a united front of all the forces that are fighting against financialized, oligarchic capitalism

Any government of the Left will have to take Greece out of the euro on Monday morning, if it is elected on Sunday.


This is one of the key conclusions arisen from Costas Lapavitsas' short speech at the No Euro International Forum. Lapavitsas also said among other things:

In Europe, the financialized capitalism comes through the monetary union and the European Union. These are institutional mechanisms of globalized, financialized capitalism. Therefore, for us, fighting against modern capitalism involves fighting against monetary union and European Union. It's part of the broadest struggle.

It is nonsense to think of democratization and fighting from within the European Union. Disobedience from within the European Union is nonsense. It's impossible. But people think that it is possible to fight from within because they scare of nationalism. That is the big fear we must confront. Lenin's argument very simply was that sometimes you've got to separate in order to unite. That means "no" to the monetary union and getting out of the euro, of course.

Any government of the Left will have to take Greece out of the euro on Monday morning, if it is elected on Sunday. You have no option because otherwise, Mario Draghi will turn the tap off. And if Draghi turn the tap off, there is no politics, there is no economics, there is nothing because you don't have liquidity. So, you have to take action on Monday morning. New currency, new money, new liquidity. Monetary sovereignty.

Those who understand the situation in Europe, have three tasks in front. The first, is a concrete proposal of exit from the monetary union. Second, a concrete proposal related to exit on how to restructure the economy, how to begin to create growth and income and how to bring the economies of Europe together. How to control capital flows, how to control foreign exchange, how to control investments across Europe, in order to prevent national conflict across Europe.

The Left must learn to speak a different language. People don't listen to us, we need a new narrative. We need a new way of communicating to people, what kind of society we want and what kind of Europe we want. People want some kind of Europe, there is such a thing as commonality of perception. Not a European character, not a European identity, not a European people, but there is a commonality. We must find a new narrative. A narrative from a Socialist perspective, from an anti-capitalist perspective. We don't have it.

We need a united front of all the forces that are fighting against contemporary, financialized, oligarchic capitalism in Europe and elsewhere.

This front will not be created easily. It will take time. There are many efforts, many initiatives across Europe right now. We need to be acting as a unifying force, not a dividing force. We need to find what brings us together to deliver what we need, which is the transformation of each country and the transformation of Europe. I believe it's possible, I believe we can do it, but we need to work very hard in the near future.

Full speech:

Comments

Popular posts from this blog

Donald Trump: the last symptom of a system that is about to collapse

globinfo freexchange
In another interesting interview with Chris Hedges, Richard Wolff explains why the Trump presidency is the last resort of a system that is about to collapse:
Finally, if everybody tries to save themselves (protection), we have a historical example: after the Great Depression that happened in Europe. And most people believe that it was a large part of what led to WWII after WWI, rather than a much saner collective effort. But capitalism doesn't go for collective efforts, it tends to destroy itself by its own mechanisms.
There has to be a movement from below. Otherwise, there is no counter force that can take us in another direction.
So, absent that counter force we are going to see this system spinning out of control and destroying itself in the very way its critics have for so long foreseen it well might.
When Trump announced his big tariffs on China, we saw the stock market dropped 700 points in a day. That's a sign of the anxiety, the danger, even in the min…

Austria has just returned to the Middle Ages

The Austrian government confirmed that the far-right is an emergency reserve of neoliberalism
globinfo freexchange
Haven't you yet convinced that the nationalists and the far-right are the most faithful dogs of the big capital? Then, look at what just happened in Austria. In the end, despite the mass protests in Vienna, Austrian employers will be able to introduce 12-hour working day without increasing wages. The relevant law adopted by the Parliament of the country, reports on Friday, July 6.



What's the first thing that Emmanuel Macron did after his election in France? He rushed to complete what Francois Hollande - the other puppet of the neoliberal establishment - had started: destroy trade unions, completely deregulate the labor market.
Yet, the media in France were promoting him as a 'progressive' (what a joke) who will stop the far-right threat.
In reality, big capital’s reserve, Marine Le Pen, is waiting in the 'bench', ready to take action any moment, now tha…

The idiotic circus of terror leads us to the final collapse

There is a familiar checklist for extinction and we are ticking off every item of it. The idiots know only one word: more. They are unencumbered by common sense. They hoard wealth and resources until workers cannot make a living and the infrastructure collapses. They live in privileged compounds where they eat chocolate cake and order missile strikes. They see the state as a projection of their own vanity.

failed evolution
The idiots seen in the decay the chance of personal advancement in profit, takeover in the final days of crumbling civilizations.

Idiot generals wage endless unwinnable wars that bankrupt the nation.
Idiot economists call for reducing taxes for the rich and cutting social service programs for the poor. And project economic growth on the basis of myth.
Idiot industrialists poison the water, the soil and the air. Slash jobs and depress wages.
Idiot bankers gamble on self-created financial bubbles and impose crippling debt peonage on the citizens.
Idiot journalists and …

The vicious circle of modern slavery

globinfo freexchange
It sounds unbelievable, but in one of supposedly the most advanced European nations, the government plans to allow the working day to be extended to 12 hours!
We are talking about Austria, where tens of thousands of people in Vienna packed the streets on Saturday to voice their opposition to loosening labor laws to allow for a 12-hour workday and subsequent 60-hour workweek. Police in Vienna said some 80,000 people took part, while the trade unions that organized the protest said some 100,000 people attended.
What can someone say about this unimaginably absurd decision?
In an age of all this advanced technology, with AI and hyper-automation, people should work less hours, enjoying all the benefits and extra free time for their families and themselves. Yet, in the homeland of Austrian economics that led us to brutal neoliberalism, it seems that the elites push things to the opposite direction. Why? Is it just because human labor can't compete the machines?
Think ab…

Bernie's revolution starts to wipe out the establishment with a huge political earthquake!

globinfo freexchange
It happened! A 28-year-old super-progressive beat the personification of the establishment in the Democratic primary! Alexandria Ocasio-Cortez won the Democratic primary in New York's 14th congressional district, defeating the establishment baron, Joe Crowley. This has been described by many, rightfully, as the biggest upset victory in the 2018 midterm election season.
What are the origins of this amazing, unprecedented result in the US political process?
We can find them in the 2016 Democratic primaries. Back then, Bernie Sanders put the foundations of a truly progressive movement that could beat the neoliberal establishment. We wrote then that Bernie speaks straightly about things buried by the establishment, as if they were absent. Wall Street corruption, growing inequality, corporate funding of politicians by lobbies. He says that he will break the big banks. He will provide free health and education for all the American people. Because of Sanders, Hillary w…

Corporate media pundits depict establishment's evident panic in front of Alexandria Ocasio-Cortez's huge victory

globinfo freexchange
Shortly after recent political earthquake with Alexandria Ocasio-Cortez's huge victory, the establishment apparatus started to react as expected.
TYT immediately responded by identifying the common narratives used by the corporate media pundits in the following video:

In this video you can track at least two kinds of typical 'arguments' provided by the neoliberal ideological framework. We wrote several times in this blog about such arguments that their carriers present them as being perfectly rational using 'logical leaps', while in reality, they are deeply irrational.
In the first argument, Steve Schmidt labels progressivism as 'dishonest', simply because it fights for free education, free healthcare, etc. The basic 'argument' is the usual: ordinary people can't have such things because of the enormous debt. Of course, the logical leap here is the fact that the neoliberal pundits always avoid to refer to the billions in bailout…

Key parts of the Matrix: the faithful little soldiers of the mainstream media

globinfo freexchange
Ludivine Bénard describes almost perfectly a key part of the Matrix of our times:
Journalistic titles hire journalists whose social background – socially, culturally, educationally and morally – fits perfectly with what the current capitalist order asks for.
People working in media are mostly middle-class types with the same interests, favouring consumerism, hedonism, libertarian individualism and unconditional Europeanism from Brussels. And they're all subject to this form of political illiteracy – they reduce reporting on politics to reporting on political personalities. The journalists and pollsters in the press turn political life into a theatrical stage, where personalities just endlessly talk and debate.
All that talk drowns out any serious criticism of the system.
The French people have been indoctrinated that way for decades – we've had more than 30 years of a certain consensus between the centrist powers of the conservative right of Les Républicains…

The 'anti-establishment' Trump admits he is more elite than the elite!

globinfo freexchange
He said it!
From the first moment in this blog, even before Trump's election, we repeatedly said that Donnie is only a reserve of the establishment.
Finally, he essentially admitted that he is more elite than the elite! Or, more establishment than the establishment if you like. During a campaign rally in Duluth, Minnesota, Trump said "Why are they elite? I have a much better apartment than they do. I'm smarter than they are. I’m richer than they are. I became president and they didn't."
Kyle Kulinski is right. Donald Trump wants to be fully integrated in the Establishment Inc. He wants to be loved by the elites, join them. He sends signals to them, saying 'I did what you want, why don't you play with me?'.
The message to the American citizens is this: do not trust the orange clown. In case that will grab your vote for a second term, he will do whatever the establishment wants, and more. Meaning, more tax-cuts for the rich, more for-pro…

The real E CORPs seek complete control of global food supply

Who controls the food supply controls the people; who controls the energy can control whole continents; who controls money can control the world
globinfo freexchange
In the famous TV series, Mr. Robot, E Corp (which the central character, Elliot Alderson, perceives as Evil Corp), is an extremely powerful company that controls societies through consumer debt.
Yet, in the real world, a couple of mega multinationals could be proved even more ruthless. In another interesting report, James Corbett exposes the ultimate goal behind the merge of two of the biggest corporations in the food, medicine and agricultural sector. These are the real ECORPs:
What does a pharmaceutical giant have to gain from buying out and merging with an agrichemical giant, especially one that carries as much baggage as Monsanto?
If the connection between these corporate behemoths seems tenuous, then perhaps the key to understanding it is presented in that 1995 quote from former Monsanto CEO Robert Shapiro: “We’re talking…

Russia ready to 'grab' the Visegrad group in the geopolitical warfare

globinfo freexchange

The news are indicative of the growing gap among the EU members.
Leaders of the Visegrad Four countries of Hungary, Poland, Slovakia and the Czech Republic will skip a mini summit on migration this weekend, Hungarian Prime Minister Viktor Orban said on Thursday. Orban said such meetings should be organized by the European Council, the bloc’s top decision-making body, not the EU Commission. The Commission will organize the smaller summit ahead of a full EU summit due next week, Reuters said. Speaking in Budapest after a meeting of the Visegrad Four leaders, Czech Prime Minister Andrej Babis said the EU border agency Frontex should be strengthened and its forces beefed up substantially. Babis said he agreed with German Chancellor Angela Merkel on this, and believed Frontex should be increased to 10,000 staff.
The latest years, Visegrad group countries have strengthened ties, as a result of the total failure and inability of the EU mechanisms to deal with the huge refu…