In fact, what Syriza is promising to do doesn’t much sound like - TopicsExpress



          

In fact, what Syriza is promising to do doesn’t much sound like ‘an anti-austerity revolution’ at all. It wants to rearrange the terms of the debt repayments, and, simultaneously, increase public spending to alleviate the ‘humanitarian crisis’ - which consists of a one-in-four unemployment rate and a steep decline in living standards. Channel 4 News’ Paul Mason described Syriza’s offering as ‘a Keynesian fiscal union with a high welfare state’. Little wonder Syriza’s embittered former leader, Alekos Alavanos, said that while Syriza ‘has radical left origins, [it is] now a moderate party’.spiked-online/newsite/article/syrizas-victory-this-is-no-anti-austerity-revolution/16516#.VMcUCruzVlY blogs.lse.ac.uk/europpblog/2012/08/23/keynes-counter-cyclical-fiscal-policy/
Posted on: Tue, 27 Jan 2015 04:26:56 +0000

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