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Austerity not a Greek goal

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Pepe Escobar
Asia Times
June 19, 2012

Talk about a dream rematch. This Friday, Monty Python’s epicGermany vs Greece philosophy football spectacular will be replayed, live, at Euro 2012. There won’t be “Plato in goal” and “Aristoteles as sweeper”, or “Nietzsche accusing [referee] Confucius of having no free will” – but one can savor the global impact in case a bunch of footballing Spartans forces the sleek “Onshela” Merkel’s team to exit the euro.

And especially after “Onshela” – as part of a highly choreographed fear campaign – could not help hectoring the Greeks ahead of last Sunday’s elections, prodding them to vote the right way, as in submitting to the German sado-austerity diktat.

All across the Atlanticist West, the corporate media “narrative” depicted the slim victory of the right as a Greek collective decision not to exit the euro, at least for now. The Brussels eurocracy was ecstatic. Then, after a few minutes of financial tiki taka – as in Spain nonchalantly passing the ball in midfield – the God of the Market was back in business.

The notion that the Greek vote is a good step for Europe is as far-fetched as the notion of a military coup in Egypt right before a presidential election won by the Muslim Brotherhood opening a gradual transition towards democracy.

As much as the centurions of austerity were spinning a victory, what actually happened in the Greek elections was even more of a shift toward anti-bailout parties. The bailout is known in Greece as “the memorandum”. Austerity – led by the conservative New Democracy party – “won” with roughly 40% of the votes, while 52% of Greek voters actually supported “anti-memorandum” parties.

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This article was posted: Tuesday, June 19, 2012 at 2:07 am





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