Marx and his Modern Reincarnation Continue to be Hotbed of Gross Errata

By Con George-Kotzabasis

The following is a very brief reply to professor of economics Kostas Lapavitsas, and former member of Parliament with the Party of Syriza, to his thesis, that Greece can achieve its national sovereignty only by going back to its own currency, i.e., the drachma, delivered at the Ithacan House, Melbourne, on April 15, 2016. The three first paragraphs were omitted from my response as I assumed regrettably wrongly, that the time allotted to the questioners at the meeting would be too short and hence I did not include them.

Professor Lapavitsas, allow me to make a short comment before I come to my question, as at the start I want to point out what I believe to be the roots of your erroneous proposition.  

Dialectical materialism even in its modern reincarnation of neo-Marxism, which you espouse, is a hotbed of gross errata, not to say terata (monsters), and hence a fallacious doctrine.

Yet the ghost in the machine of Marxism, despite its irreparable breakdown, continues to churn-out apparitional panaceas for the ills of global capitalism. One such quack panacea is your own proposition.

My question is: Show us one country in the world hit by absolute poverty, which, your implied return to the drachma entails, that by adopting your proposal has achieved national sovereignty and kept it; If you cannot show us such a country, then your proposal is a mirage, a will-o’-the-wisp, an occult fancy.

But what is more worrisome is that you are asking the Greek people, after the botched Tsipras-Varoufakis experiment, to be also the guineapigs to your own theoretical experiment which has hardly better odds of success than the Varoufakian one.

National sovereignty is the result of prosperity not of poverty.

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Radical Left Experiments its Policies Using Greeks as Guinea Pigs

The jarring interests of reason and piety [read ideology] Edward Gibbon

By Con George-Kotzabasis

The radical left party of Syriza, led by its green horn, tongue in cheek, know-all adventurist leader Alexis Tsipras, armed with the omniscient Marxist ideology and holding with devotional piety the rosary of communism in both hands, is experimenting its policies using Greeks as guinea pigs. Against all reason and hope, it persists and is determined, if after June 17 it comes to be the new government, one-sidedly to denounce and repudiate the European Memorandum without risking the country’s exit from the Eurozone. Unable to see through the nebulous clouds of their ideology, the materialist Marxists cannot see the reality as embodied in the clear expressions of all European leaders, representing to a high degree the wishes of their constituents respectively, and high technocrats, that such denunciation of the Memorandum would immediately lead to the cessation of all financial help to the stricken country and to the latter’s inevitable return to the drachma and absolute poverty with catastrophic results to the standard of living of the majority of the population. This economic and social break-down of the country would spark a social war of all against all that would crack the foundations of democracy and on whose ruins would be built a fascist state, either of the left or of the right.

Moreover, their hopefulness that the European Union is bluffing and would not dare to turn the financial tap off as such a move would lead to the mutual destruction of Greece and Europe, is a Fata Morgana in view of the fact that all these leaders and technocrats have put their credibility and reputation on the line in regard to the exit, not to mention the other obvious fact that all the Wall Streets, and banks of the world, and evaluative institutions, such as Standard and Poor’s, and Moodies are showing on their financial electronic screens the great possibility of a Greek exit and are making preparations for it. To consider, as Syriza does, that all these political, technocrat, and financial actors are engaging and participating in a grand bluff against Greece, in regard to its exit from Europe, is to be a fugitive from one’s senses; and to ventilate such an idea among the Greek populace, is a gigantic falsehood.

The economic programme of Syriza as presented by its leader Tsipras on May 31, promises a horn of plenty to Greeks with the government’s coffers empty. It promises higher wages, higher pensions, and an extension of unemployment allowances from one to two years, an expansion in the employment of public servants, and full employment in a dateless future, without however indicating where it will find the funds to implement the above measures. Nor does it compute their costs, according to an admission of a prominent economist of Syriza itself. This is unprecedented in the history of electoral campaigns, as pointed out by Antonis Samaras, the leader of New Democracy, when a political party presents its economic policies to the electorate and admitting at the same time that they have not been costed.

This is a populist bag of gifts that only a Santa Claus could deliver to longing and credulous children. Syriza claims falsely that the expenses of these outlays for the above measures will be covered by taxing enterprises, ship-owners, and people on higher incomes, without however specifying the height of these incomes, and by imposing a levy on seven-hundred-thousand households with a net of 2,000 euros. In the present dire recession that the country is in and where enterprises can hardly show even modicum profits in their balance sheets, and where people with higher incomes have been inflicted by a cut of 50% in their salaries(Professor Yanis Varoufakis who teaches economics at Athens University and whose salary was cut by 50%, fled Greece and went to the United States), the claim of Syriza that it will have the funds from these sources to implement its promises, is a swindle of gargantuan magnitude of the Greek people. Moreover, this impossibility of funding its measures from these sources leads to the suspicion, as again pointed out by Samaras, that Syriza has a hidden agenda to impose taxes on ordinary people’s bank deposits and on private property.

Furthermore, Syriza pledges to reverse all previous commitments to privatization and go back to state ownership of all companies that were going to be privatized, and hence continue the increase of bureaucratization, thus bringing back to life all the deadly worms that in the past gnawed and eroded the economic foundations of the country that brought it to its present calamitous state. Also in its foreign policy it commits itself to exit from NATO and seek a new alliance in South America, with such countries like Venezuela and Nicaragua, which, with mathematical precision would lead to the ‘Cubanization’ of Greece as well as leave the country geopolitically defenceless. But this is not surprising since many of Syriza’s higher echelons are strong votaries of Fidel Castro, Che Guevara, and Hugo Chavez; birds of a feather flock together.

Syriza’s economic and political manifesto is a draft of dangerous irresponsibility and naivety, doctrinal dogmatism and blindness, and swashbuckling political adventurism at its best. With its policies, the fate of Greece’s future generations will be played on the green tables of a casino with Alexis Tsipras playing high stakes poker–which, according to a latest interview he gave on American television, he loves–with other people’s money, and all he has to lose is Greece’s future.