Crucible of Resistance: Greece, the Eurozone and the World Economic Crisis
ISBN: 9781849649513
Platform/Publisher: JSTOR / Pluto Press
Digital rights: Users: unlimited; Printing: chapter; Download: chapter
Subjects: Economics;

Syriza's victory in the recent Greek general election shook the foundations of the Western political establishment and gave hope to the millions suffering the austerity measures imposed by the European Troika. Millions asked, how did this happen and what is it about Greece that created such a centre of radicalism?



This insider's account, from Syriza's Finance Minister Euclid Tsakalotos and economist Christos Laskos, shows that that the narrative of Greek exceptionalism is a myth. The blame game that has been played by the EU powers is an ideological tool used to shift attention from the disillusionment and anger at the European and global capitalist economic order.



By alienating an entire nation of people, the Troika has revealed the internal contradictions of the modern neoliberal establishment, as well as the inadequacies of the earlier social-democratic Keynesian regime. Tsakalotos and Laskos suggest that there is very little that differentiates Greece from other countries struggling under austerity, and that parties such as Syriza could usher in a new, democratic and socialist era across the continent.


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