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When Mason asked him about the euro, Tsakalotos said that exit would be an absolute catastrophe and that Europe would relive the 1930s with the return of competition between national currencies and the rise of various nationalisms and fascism.

So for these people the choice is between two things: either being "European" and accepting the existing framework, which somehow objectively represents a step forward compared the old reality of nation-states, or being "anti-European" which is equated with a falling back into nationalism, a reactionary, regressive move.

This is a weak way in which the European Union is legitimated -- it might not be ideal but it's better than anything else on the table.

I think that in this case we can clearly see what the ideology at work here is. Although you don't positively sign up to the project and you have serious doubts about the neoliberal orientation and top-down structure of European institutions, nevertheless you move within its coordinates and can't imagine anything better outside of its framework.

This is the meaning of the kind of denunciations of Grexit as a kind of return to the 1930s or Grexit as a kind of apocalypse. This is the symptom of the leadership's own entrapment in the ideology of left-Europeanism.

It's easier to imagine the end of capitalism than the end of the European Union or even of the euro?

Exactly, I wrote as much a few years ago.


And you confirm there were initial preparations for Grexit put on the table and rejected?

Very vaguely. In restricted cabinet meetings, the so-called government council, where only the ten main ministers take part, Varoufakis had mentioned the necessity in the spring to consider Grexit as a possible action and prepare for that. I think there were some elaborations about parallel currency, but all this remained quite vague and poorly prepared.

Now, as I said before, in his New Statesman interview, Varoufakis presents a narrative according to which he prepared an alternative plan during the lineup to the referendum. But this is also a confession on how belated all this came.

Peak oil is not an energy crisis. It is a liquid fuel crisis.
by Starvid on Wed Jul 15th, 2015 at 11:06:35 PM EST
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