Internet Statement  2011-24

 

 

           Greece - what to do?

Maria Weiß   June 8/11, 2011         

This is really a super idea: Greece "may" sell his country institutions that are basically belonging to the population, to the Greek people! You can now buy bonds on the Greek post, Greek power plants, and Greek railway lines to be sold once in the future. This is presented here as an alleged solution to Greece's debt problem. One can only say that whoever proposed such things is to be supposed having not all cups in the cupboard. What sense does this make? This is basically no different than if - lack of other vegetables- you spooned a tomato to the last again and again. And the effect will look accordingly.

One must consider what might be in fact, temporarily at least, a solution? That would be for example a debt relief. In previous decades, many countries in the Third World, many of which today are among the so-called emerging markets such as Mexico, have suffered from debt overload, and even then, there was emerging this thought. And it has been conducted in part, sometimes even by the States themselves. And even then there were people within the bourgeoisie which have been made jumping over the blade, because of suggesting such a thing. See the example of Alfred Herrhausen.

How does it look today? Whoever suggests such a thing sometimes is drawn from the market perhaps in a different way, when the international financial capital, some banks that have an international obesity, something does not suit and they further went blowing up whole Europe than renouncing to their hundreds of billions of profits derived from predominantly speculative transactions. (Note)

The current crisis, one can say almost permanent crisis in Greece, is of course just such a crisis of capitalism all over, both in the rest of Europe and all over the world. This is of course in principle and in some cases very specific throughout the case today. There is no single capitalist-imperialist state, and certainly not in Europe, which suffers not from debt overload particularly of State. There are perhaps few exceptions, but they are suffering from other "imbalances". So, naturally, what’s happening in Greece is at any time a kind of threat to the other States too, so the ruling classes are trying to push it away, or to suppress it, at least to get it yet again "running" in their minds, by whatever of means. Ultimately, only a mass revolt, a mass uprising and related social change, a kind of social revolution is to bring a lasting solution to the problems. As long as this doesn’t emerge, it’s still finds itself well to the masses to pose the question: What is doing right now?

Greece should try to get out from this dept trap as possible based on their own forces. This can also result in that the debt (in whole or in part) simply is to be canceled which might be not the wrongest solution for the moment perhaps. The real wrong solution is being "exempted" like a Christmas goose and in the end being absolutely out of potency, having nothing more to offer and being completely to the mercy. This would certainly be the worst solution for the Greek population.

The massive pressure and resistance that is developing among the masses in Greece, which have the most to suffer under the current situation, must lead to some scouring so that corruption and "life at the expense of the other", which of course are not only in Greece at home, are to be pursued relentlessly and one tries instead to make the whole economy back on a productive basis. Instead of questionable securities called for public ownership rather real investment would be needed. Why should not industrial production to be rebuilt? If known Greece also has a well-educated youth, who does not work, but is thirsting for possible applications of their skills. A great potential that remains untapped, even there. Instead, however, are only suggestions, such as doing one of Greece's debts even higher and take a longer time - a horror without end, not able in developing anything reasonable. This corresponds to the speculation of international financial sharks, but neither to Greek nor even other masses.
Though, an exit from the Euro should not be done by itself.

What is to be avoided in any case, that would be a new division of European countries and the emergence of selfish partial interests of individual states, not least of Germany. What is currently happening in our country is disgusting if, for example, again certain circles, especially rightists, now make sentiment against Greece because of "we pay their luxury" and similar silly sayings, which is moreover not the most important thing and also not the truth. Real "luxury”, such as the renunciation of nuclear technology and the associated destruction of existing resources, as it is being operated currently in this country, mainly by the government, will certainly be paid by the population, not only by that from Germany, but in a most different extent too. Here’s of course no protest by such forces.

How about the construction of a nuclear power plant in Greece? Are there any investors? That could still be an important push forward for the industrial development of the whole country, a kind of counterpoint to Germany, which just turns a giant backward roll and also a compensation compared to other emerging powers in the region, presently in Turkey, and a counterweight against certain hegemonic aspirations.

Now, of course, the situation of other states in terms of crisis is not really better than in Greece. What is the actual situation of the capitalist "superpower" USA, for example? Which is flourishing to them in the near future is nothing but a very similar state bankruptcy disaster, only that they think themselves being able to remove something more just based on their huge nuclear military power. This one has to see.

To such divisive tendencies in Europe one should resist. On the contrary, the cohesion should be strengthened and not the different countries to be pitted against each other. A new division of Europe would be particularly the hegemony advantage.

One must see: Real democracy is based on the ability based on once own forces and once own work to make contributions to the whole. Besides internal class division that exists everywhere and has to be overcome, this is valid to some extent for states too.

(Translation by the author herself)     

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Note: At the issue of so-called "voluntary" of creditors there seams to be a dispute among various cliques of the bourgeoisie. One reason for this is probably the hollow and shaky position of the ECB, which appeared in recent years not getting enough of bad assets, allegedly mainly from Greece, and now of course has a big problem, why Trichet probably insists on the "voluntary" . The whole thing is a hot issue, as reflected in an interview, which gave Jean-Claude Junker to the RBB-InfoRadio during yesterday's broadcast "Twelve Twenty-two". And if Merkel says that "we need no other Lehman”, that probably will be a hidden allusion to this matter.

 

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