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Europe's Moment of Truth
Patnaik, Prabhat http://mrzine.monthlyreview.org/2015/patnaik020815.html
Publisher: Monthly Review
Date Written: 02/08/2015
Year Published: 2015
Resource Type: Article
Greek Premier Alexis Tsipras' acceptance of an "austerity package" on July 13, which contained measures rejected by the Greek people in a referendum barely a week before, represents not just an abject surrender by the Syriza government, or a sign of contempt on the part of German finance capital for the Greek electorate; it marks a decisive turning point for Europe (and indeed for the rest of the world), and the end of the road for a whole way of thinking on the Left, especially the European Left.
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