Heiner Flassbeck Topic: Why Varoufakis’ DiEM2025 is fighting the wrong fight
Excerpts: This text deals with strategy, but strategy cannot be seen separate from people and their histories and actions. SYRIZA has always been an uneasy conglomerate of groups of many political persuasions, but ever since it came to power in January 2015, until its capitulation seven months later, two main fractions fought a fierce fight. On one side, there was the heterogeneous left, which wanted to make good on the electoral promise (the Thessaloniki program): there was going to be no austerity any longer, Greece would negotiate a debt write off and if the Troika pushed the country to the brink, the group advocated leaving the euro zone. The leadership, on the other side, also wanted to end austerity. But under no condition was it willing to exit the euro zone. As Lapavitsas explains, the Syriza leadership convinced itself that if it rejected a new bailout, European lenders would buckle in the face of financial and political unrest. The mastermind of this strategy was Yanis...