Τετάρτη, 5 Οκτωβρίου 2016

Lessons from Greece: the necessary transition towards a post-capitalist model



1. Introduction

It is possible but also necessary to qualify the present situation in Greece as an economic, social but also ecological disaster. It is a clear proof that pure neoliberal policies to manage a debt issue can only lead to a dramatic collapse of productive capacities, social services and capacities to cope with environmental issues. But it is even more important to admit that all complete programs to stabilise and develop the economy, the well known “memoranda”, and thus increase the resources available to assume the payment of the debt, have been unrealistic and did not realise their promises. The result is that the depression, the loss of productive capacity, the stagnation of investment and exports, are a trap which the most aggressive neoliberal mesures are uncapable of questionning.