Poverty blights the lives of billions of people throughout the world: in developing countries, where it is acute, and industrialised nations, where it’s hidden but growing. It rises out of social injustice, makes exploitation and abuse inevitable, brings death and disease, robs people of opportunity and dignity, feeds anger and resentment.
with Noam Chomsky
DiEM25.official on Apr 27, 2016
Yanis Varoufakis considers himself a politician by necessity, not by choice. An economist and academic by training, he became Greece’s finance minister amidst the country’s financial crisis, creating an image for himself both beloved and reviled. He discusses his complicated role in his new book, And the Weak Suffer What They Must?: Europe’s Crisis and America’s Economic Future, and on the LIVE stage alongside renowned academic and theorist Noam Chomsky.
“My father made him an offer he couldn’t refuse. Luca Brasi held a gun to his head and my father assured him that either his brains, or his signature, would be on the contract.” — The Godfather (1972)
In the modern global banking system, all banks need a credit line with the central bank in order to be part of the payments system. Choking off that credit line was a form of blackmail the Greek government couldn’t refuse.
An historic betrayal has consumed Greece. Having set aside the mandate of the Greek electorate, the Syriza government has willfully ignored last week’s landslide “No” vote and secretly agreed a raft of repressive, impoverishing measures in return for a “bailout” that means sinister foreign control and a warning to the world.