joi, 12 februarie 2015

Europe after the Minotaur



Europe after the Minotaur – 29 ianuarie 2015
Prospectiv A-z
.
Inainte sa credem toate cele care sa ne des/informeze despre Varoufakis, hai sa-l cunoastem din vorbele sale
"Europe After The Minotaur" - free e-book from the new Finance Minister of Greece, Yanis Varoufakis, available from Zed books. You need to register, but it's a quick process. The book contains exc...
progressivegeographies.com
  Prospectiv A-z .
Chiar si inainte de a-l vedea in actiune, cred ca Varoufakis ar putea sa fie un bun exemplu pentru romanii plecati la imbogatire intelectuala prin lume. Asta inainte de a (ne) ridica mainile si spune/crede ca in Romania nu se mai poate face ceva!

http://yanisvaroufakis.eu/about/

Thank you for visiting my blog. As you have just clicked on ABOUT, I take the liberty of assuming that a tale on...
yanisvaroufakis.eu
  P.A-z  .
Unii, mai dezinformanti, ar putea spune ca i-am batut deja pe greci in sensul asta odata cu nimirea d-soarei Petrescu la Finante. Da de unde, Atena a avut neoliberali dela Ivy League in executiv cu mult inaintea Bucurestiului...
  P.A-z  .
Iata cu ce se mai ocupa dl. Varoufakis!


http://www.vitalspace.org/
Vital Space is built on the belief in the power of art to change the world, an artistic perspective can help...
vitalspace.org
  Smaranda Dobrescu E clar ca lumina zilei: Va trebui sa-l invitam la grup pe D-l Varoufakis!

"Acting as a cross-media art platform on which to pose questions concerning globalization and the plight of the environment, Vital Space creates a dialogue regarding the most vital issues of our time and how these can be addressed and expressed through art."
  S.D  In cursul diminetii de azi, Varoufakis a mai declarat printre altele:

"He called for a “New Deal” type of investment-led recovery program around Europe. But he dismissed a plan proposed by the European Commission president, Jean-Claude Juncker, to invest €300 billion to stimulate growth on the Continent without adding to debt, calling it “a public relations gimmick that has unfortunately occupied the minds of good people for too long — it will be a failure.

“We expected that the first few days of our government, things would be turbulent,” he said. “Once the markets see that the proposals coming from this government are sensible, cooperative and therapeutic, we anticipate that share prices are going to” recover."

“We want to ensure that this country becomes an attractive destination for foreign direct investment, but not interested in a fire sale or selling the family silver,”

O astfel de opinie piedica in calea vanzarii "family silver" am fi avut si noi nevoie.
Acest New Deal despre care vorbeste ministrul grec l-am propus cu modestie si noi la blogul Prospectiv, si in diferite articole, ca un mijloc de a evita situatia neplacuta existenta acum de co-existenta in Europaa unor tari de ranguri diferite. Cu alte cuvinte, solidaritate si apoi competitie.!
Planul economic s-ar fi tradus prin: Asistență pentru șomeri și săraci, Recuperare a economiei la nivel normal și reforma sistemului financiar pentru a preveni repetarea caderii sistemului bancar. Toate acestea cu bani europeni in anumite conditii.
  S.D   Social democratii germani-cei sa le zicem progresisti- s-au pronuntat chiar azi fata de politica datoriilor Greciei schitata de Varoufakis. Aproband-o, desigur:
"One key principle of negotiation is that you negotiate interests, not positions. The positions in this case are mutually exclusive: Syriza insists on a debt write-down, the creditor countries insist on repayment. As the sustainability of the debt depends on the cirucmstances (see Andrew Watt here), I think there is a solution if you move beyond positions and try to reconcile interests."
http://www.socialeurope.eu/advertise-on-sej/
The joint press conference was concluding, when...
keeptalkinggreece.com
  P.A-z  .

"You just killed the troika!" posted by Richard Seymour

Are you enjoying this?
Make no mistake. There are big fights coming. Juncker has said, articulating what was always the practical doctrine of the EU: "there can be no democratic choice against the European treaties." The EU elites are firmly declaring their insistence that Greece will pay a debt that cannot be paid, on terms that will destroy Greece. Some of the European media is already beginning the Venezuelan-style demonisation programme, as when Le Monde published a relatively balanced article by Gerassimos Moschonas, but changed the headline without letting him know, so as to imply that he condemned Syriza as a 'demagogic', populist formation. There is an EU push-back coming.
However. Just for now, Syriza is playing a blinding game. Pushing ahead immediately with a raft of reforms - not at all radical but, in context, a real break - to signal their determination to break with austerity was the first step. The publication of a mildly Keynesian programme of public investment for Greece and Europe was the next. Now we have this: Varoufakis refuses to seek an extension of the bailout, and instead says he won't deal with the troika. This is not about breaking with the EU. The finance minister is explicit that he wants to negotiate a new programme for the debt, based on write-downs of some of the debt, a substantial 'grace period' for the remainder, and a commitment to pay it out of growth rather than budget cuts.
In principle, there should be nothing particularly radical about this. To reiterate, this is just reasserting national sovereignty. One notes, moreover, that there is a growing international chorus of bourgeois disapproval of Merkel's austerian hardline: from Obama to the Bank of England governor to The Economist. They may strongly disapprove of Greece's rowing back on 'competitive reforms' such as privatisations, wage cuts and so on, but the emerging critique is that austerity has gone too far and that the debt has been used ineptly to promote the desired 'reforms'.
Yet the anguished response from Jeroen Dijsselbloem, the chief of the Euro Group, says it all: "You just killed the troika!" One middle finger in the eye for EU elites. Enjoy it while you can.
  P.A-z  .
"Syriza’s victory presents two lessons for the rest of Europe. First, no one votes for a 15-year-long recession. Second, you can’t run a gold standard in a democracy. Either the gold standard goes, or democracy goes, and that is the choice Europe may face sooner than it thinks.

" This is what Tsipras and Syriza represent: the moment Europe drifted from ever-deeper and ever-wider open capital markets and institutionalized neoliberalism to a system in which the state comes back to reassert sovereignty over markets. At that point, either democracy trumps markets (which need not be a progressive move, as Syriza’s immediate choice of coalition partners demonstrates) or markets undermine democracy to protect their asset values. Which course European countries choose will be determined in the next few years, but a glance around the continent suggests that such a choice is indeed coming.

Greece may have crossed the Rubicon first, but due to its size in the European economy, Spain may be the game changer. In Spain, Podemos is likely to form a winning left-wing coalition after that country’s general elections this fall, especially after the demonstration effect of Syriza. In Ireland, Sinn Fein is cut from the same anti-austerity cloth and has risen substantially in the polls. Although such parties are often called extreme, it is important to stress that their support bases, regardless of their leader’s dodgy connections, are democratic political forces whose core claims—­an end to self-defeating austerity and impoverishing wage policies—echo mainstream social democracy and the recommendations of many prominent economists on both sides of the Atlantic. With regard to debt relief, these parties are merely restating the standard economic case that their countries’ debt overhangs are too big for investment to be resuscitated to levels that would permit high growth. Maturities can be extended indefinitely, but unless growth is restored, thegame is over, and not just for Greece."

http://www.foreignaffairs.com/.../austerity-vs-democracy...
  S.D   The first book about Minotaur was Global Minotaur, written in 2011. Very shortly, this book contains a story about coupling-decoupling from a monetary global system
"Global Minotaur’. I put forward the working
hypothesis that the defining characteristic of the global political
economy was the reversal of the flow of trade and capital
surpluses between the United States and the rest of the world.
The hegemon, for the first time in world history, strengthened
its hegemony by wilfully enlarging its deficits, once it had lost
its surplus global position.

In Bretton Woods conference the two issues that were ostensibly central to the conference
were the design of the post-war monetary system and the
reconstruction of the war-torn economies of Europe and Japan.
However, under the surface, the real questions concerned (a) the
institutional framework that would keep a new Great Depression
at bay, and (b) who would be in control of that framework. Both
questions created significant tensions, especially between the two
great allies represented, in the US corner, by Harry Dexter White1
and, in the British corner, by none other than John Maynard
Keynes. In the aftermath of the conference, Keynes remarked:
We have had to perform at one and the same time the tasks appropriate
to the economist, to the financier, to the politician, to the
journalist, to the propagandist, to the lawyer, to the statesman -
even, I think, to the prophet and to the soothsayer.The Global Plan gain for decades.

Toward the end of 1971, in December, Presidents Nixon and
Pompidou met in the Azores. Pompidou, eating humble pie
over his destroyer antics, pleaded with Nixon to reconstitute
the Bretton Woods system, on the basis of fresh fixed exchange
rates that would reflect the new ‘realities’. Nixon was unmoved.
The Global Plan was dead and buried, and a new unruly beast,
the Global Minotaur, was to fill its place.

While still riding high, and on
his way to a possible transition from the IMF to the presidency
of France, Strauss-Kahn chose to contribute the following in
response to a question on how the global economy ought to be
reconfigured:
Never in the past has an institution like the IMF been as necessary
as it has been today... Keynes, sixty years ago, already foresaw
what was needed; but it was too early. Now is the time to do it.
And I think we are ready to do it!
Will we cdo it’? Is this a commitment that might survive
Strauss-Kahn’s ignominious political demise? And, if so, will
we cdo it’ in the context of existing institutions, like the IMF
- i.e. remnants of the long-lost Global Plan? The answer
depends, once again, entirely on the United States of America.
If America’s policy makers grasp the meaning and irreversibility
of the Global Minotaur’s demise, and are energized by the
dystopian prospect of a permanently stagnation-prone world
economy, there is a chance of a future that will prove rational,
stable and pregnant with at least an iota of hope that our latest
Crisis will be allowed to unleash its creative potential. Perhaps
centuries later, our own Minotaur’s death will inspire the poets
and the myth makers to mark its demise as the beginning of a
new, authentic humanism."
  Mihai Ion Turcu Ne afam in termenii teroiei intrainarii Hege-Marx. Opacitatile poiticior de stat americane driva din influenta covarsitoare a lobby-ului.

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