Tuesday 7 November 2017

Varoufakis and Brexit

Hi All,

While Yanis Varoufakis is an arch leftist - I am currently reading through his account of how the EU treated Greece during the crisis ,Adults in the Room: My Battle with Europe’s Deep Establishment, he does at least get the EU :
In truth, Brussels is a democracy-free zone. From the EU’s inception in 1950, Brussels became the seat of a bureaucracy administering a heavy industry cartel, vested with unprecedented law-making capacities. Even though the EU has evolved a great deal since, and acquired many of the trappings of a confederacy, it remains in the nature of the beast to treat the will of electorates as a nuisance that must be, somehow, negated. The whole point of the EU’s inter-governmental organisation was to ensure that only by a rare historical accident would democratic mandates converge and, when they did, never restrain the exercise of power in Brussels.

 This is from an article  which Varoufakis  wrote in the guardian about the tactics that the EU will and actually are playing against Theresa May:  although coming from the left he is naturally critical of May, I do think the article , if you don't want to pay £20 for the book,is worth a read.



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