Comment by Yanis VAROUFAKIS: Alexis Tsipras has been set up to fail; the guardian, Sep 21, 2015

Von: „Martin Zeis“ <Martin.zeis>
Datum: 22. September 2015 um 15:40:17 MESZ
An: gc-special-engl%Martin.zeis
Betreff: Comment by Yanis VAROUFAKIS: Alexis Tsipras has been set up to fail; the guardian, Sep 21, 2015

globalcrisis/globalchange NEWS
Martin Zeis, 22.09.2015

— full text attached (pdf-file) —

http://www.theguardian.com/commentisfree/2015/sep/21/alexis-tsipras-greece-greek-leader-troika-yanis-varoufakis?utm_source=twitterfeed&utm_medium=twitter
the guardian, Monday 21 September 2015 17.26 BST

The lenders are the real winners in Greece –
Alexis Tsipras has been set up to fail
By Yanis Varoufakis

Alexis Tsipras has snatched resounding victory from the jaws of July’s humiliating surrender to the troika of Greece’s lenders. Defying opposition parties, opinion pollsters and critics within his ranks (including this writer), he held on to government with a reduced, albeit workable, majority. The question is whether he can combine remaining in office with being in power.

The greatest losers were smaller parties occupying the extremes of the debate following the referendum. Popular Unity failed stunningly to exploit the grief felt by a majority of “No” voters following Tsipras’s U-turn in favour of a deal that curtailed national sovereignty further and boosted already vicious levels of austerity. Potami, a party positioning itself as the troika’s reformist darling, also failed to rally the smaller “Yes” vote. With the all-conquering Tsipras now firmly on board with the troika’s pro-gramme, new-fangled, pro-troika parties had nothing to offer.

The greatest winner is the troika itself. During the past five years, troika-authored bills made it through parliament on ultra-slim majorities, giving their authors sleepless nights. Now, the bills necessary to prop up the third bailout will pass with comfortable majorities, as Syriza is committed to them. Almost every opposition MP (with the exception of the communists of KKE and the Nazis of Golden Dawn) is also on board.

Of course, to get to this point Greek democracy has had to be deeply wounded (1.6 million Greeks who voted in the July referendum did not bother to turn up at the polling stations on Sunday) – no great loss to bureaucrats in Brussels, Frankfurt and Washington DC for whom democracy appears, in any case, to be a nuisance.

Tsipras must now implement a fiscal consolidation and reform programme that was designed to fail. Illiquid small businesses, with no access to capital markets, have to now pre-pay next year’s tax on their projected 2016 profits. Households will need to fork out outrageous property taxes on non-performing apartments and shops, which they can’t even sell. VAT rate hikes will boost VAT evasion. Week in week out, the troika will be demanding more recessionary, antisocial policies: pension cuts, lower child benefits, more foreclosures. (…)

VAROUFAKIS-the-real-winners-in-Greece150921.pdf

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