Recent quotes:

Afternoon Must-Read: Yanis Varoufakis: Confessions of an Erratic Marxist in the Midst of a Repugnant European Crisis - Washington Center for Equitable Growth

Yanis Varoufakis: Confessions of an Erratic Marxist in the Midst of a Repugnant European Crisis: “Europe is experiencing a slump that differs substantially… … from a ‘normal’ capitalist recession, of the type that is overcome through a wage squeeze which helps restore profitability. This secular, long-term slide toward asymmetrical depression and monetary disintegration puts radicals in a terrible dilemma
#Lesser-Depression #Austerity #Greece #Yanis-Varoufakis #Structural-Adjustment - equitablegrowth.org

Morning Must-Read: Yanis Varoufakis: No Time for Games in Europe - Washington Center for Equitable Growth

Yanis Varoufakis: No Time for Games in Europe: “The trouble with game theory… …as I used to tell my students, is that it takes for granted the players’ motives…. In the current deliberations between our European partners and Greece’s new government, the whole point is to forge new motives. To fashion a fresh mind-set that transcends national divides, dissolves the creditor-debtor distinction in favor of a pan-European perspective, and places the common European good above petty politics, dogma that proves toxic if universalized, and an us-versus-them mind-set…. I am convinced that we have one option only: to shun any temptation to treat this pivotal moment as an experiment in strategizing and, instead, to present honestly the facts concerning Greece’s social economy, table our proposals for regrowing Greece, explain why these are in Europe’s interest, and reveal the red lines beyond which logic and duty prevent us from going…
#Fiscal-Policy #Eurozone #Greece #anis-Varoufakis - equitablegrowth.org