Make no mistake, Greece’s “negotiations” with the troika are a proxy war between the forces of democracy and the global superpower that is corporate totalitarianism. The country where democracy was first conceived is being made an example of by the corporatists, sacrificing the people and the sovereignty of Greece, just to exhibit the collective power of the “people” — the multinational corporations and banks — that compose the totalitarian state.
In a cunning plan hatched by the corporatists, Greek politicians, led by prime minister Lucas Papademos (who, purely by coincidence of course, before “serving” as prime minister, was the vice president of European Central Bank, one of the three members of the troika) distorted their debt figures in order to qualify for massive loans from French and German banks that they could not afford to repay, and so when they could not repay these loans, the corporatists graciously loaned Greece more money so that Greece could pay them back (the debts were a matter of spreadsheet finances, and forgiving a large portion of the debts — perhaps acknowledging their fault in not being interested in “seeing” whether Greece could actually repay — would not cause actual financial losses, they would merely look soft on Greece, according to Michael Hudson, “distinguished research professor” at Missouri.)
The only condition was that Greece had to adopt their view on the amount of social spending and investment that is ideal — next to nothing. This had the benefit of ensuring that the Greek economy would never recover, as without government debt-spending to create jobs and provide a social safety net to pursue work, and so to raise the fortunes of the people so that they could generate tax dollars and pull themselves and the government out of the hole they were in, the Greek government would have to continue to borrow money, racking up spreadsheet profits for corporatists but at the cost of real-life misery of Greeks.
Current Prime Minister Tsipras, leading a leftist government on an election-given mandate, has fought to lessen the crippling austerity measures, without success. The corporatists want to see the pensioners, who have come to expect redistribution of the wealth of corporations acquired at their expense, executed by the impoverishment imposed on them. The next generation of Greeks will not expect the corporations to share with the persons who made them wealthy. The corporatists want us to know that, like the Greeks, going forward under their despotic rule we should not expect to share any of their wealth. That is already the immediate lesson to take away from this proxy war.
Tsipras has said that he will put the final decision — whether to stay with the Euro and accept the suffocating austerity measures or leave the Euro and break from the current cycle of increasing indebtedness to the corporatists and reclaim Greek’s economic freedom – to the people of Greece in a referendum to be held Sunday, July 5th. It is a testament to the power of the propaganda machines of the corporate totalitarian multi-national state that many Greeks think it best to stick with the Euro. The propaganda that plays on financial anxiety makes it such that if Greece ultimately chooses to stay with the Euro, it will not have been a choice made freely, given the coercive methods employed by the corporatists. Yet the risk of losing this vote is one that we must accept as supporters of democracy. It is right that Tsipras and his cabinet not make the decision themselves but put it to a vote by the people of Greece because democracy is precisely what is at stake in this proxy war between democracy and corporate totalitarianism/neoliberal capitalism.