Marx and his Reincarnation Continue to be Hotbed of Gross Errata

By Con George-Kotzabasis

The following is a very brief reply to professor of economics Kostas Lapavitsas, and former member of Parliament with the Party of Syriza, to his thesis, that Greece can achieve its national sovereignty only by going back to its own currency, i.e., the drachma, delivered at the Ithacan House, Melbourne, on April 15, 2016. The three first paragraphs were omitted from my response as I assumed regrettably wrongly, that the time allotted to the questioners at the meeting would be too short and hence I did not include them.

Professor Lapavitsas, allow me to make a short comment before I come to my question, as at the start I want to point out what I believe to be the roots of your erroneous proposition.   

Dialectical materialism even in its modern reincarnation of neo-Marxism, which you espouse, is a hotbed of gross errata, not to say terata (monsters), and hence a fallacious doctrine.

Yet the ghost in the machine of Marxism, despite its irreparable breakdown, continues to churn-out apparitional panaceas for the ills of global capitalism. One such quack panacea is your own proposition.

My question is: Show us one country in the world hit by absolute poverty, which, your implied return to the drachma entails, that by adopting your proposal has achieved national sovereignty and kept it; If you cannot show us such a country, then your proposal is a mirage, a will-o’-the-wisp, an occult fancy.

But what is more worrisome is that you are asking the Greek people, after the botched Tsipras-Varoufakis experiment, to be also the guineapigs to your own theoretical experiment which has hardly better odds of success than the Varoufakian one.

National sovereignty is the result of prosperity not of poverty.

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Suspicion toward Muslim Women Hidden behind the Veil of Victimisation

The following is a would be reply to Dr. Shakira Hussein’s talk at Readings in Carlton, on March 15, 2016, with the title “From Victims to Suspects”…, which I was not allowed by the chairperson to elaborate, as she considered my questions hostile and uninteresting toward Muslim women.    

In the mad world of the Taliban, ISIS, and suicidal Islamist terror, it is not difficult for sane people to become “paranoiacs”.

By Con George-Kotzabasis  

You are attempting to hide suspicion behind the veil of victimisation whose presumed agent is Islamophobia. The real agent, however, is your own religion that classifies women in comparison to men as second--rate beings.  

As long as Muslim women cannot attain true femininity and banish the burqa and the hijab, symbols of their absolute bondage to Muslim male supremacy and its sex morals, they will have a cloud of suspicion hanging over them. As most Muslim men, if not open supporters of Jihad, are at least justifying the actions of Jihadists, since they believe unswervingly that all actions, no matter how atrocious, against the Great Satan America and all other Western Nations that are in league with it and are responsible for all the ills that have been fallen upon Muslim countries, are justifiable. A very thin line separates justification from Jihad and it takes only one step to be on the other side. And since Muslim women are submissive and docile to their men, they have to abide to the beliefs and actions of the latter. Hence, potentially, they can become active participants in this Holy War against the West. Hence, there are solid grounds for suspicion.

Only Muslim women who have the moral and intellectual fortitude, like the brave and great Somalian, Ayaan Hirsi Ali, to renounce and liberate themselves from the rigid tenets of the Koran can remove the shadow of suspicion that are enshrouded in. And no professed adherence to Multiculturalism and human rights can bail out either Muslim men or women from this suspicion. What human rights would the devotees of the Koran give to the offspring of Satan? And don’t reply to me with the platitude that you can make distinctions among the people of the Western world. For how can you distinguish good infidels from bad infidels?

  

Defeat not Degrade ISIS Correct Strategy

By Con George-Kotzabasis

Brief reply to: An Islamic State in Iraq and Syria (ISIS) First Strategy

By Robert Bunker Small Wars Journal August 30, 2014

One has to make a clear distinction between real existent hostility (ISIS) and potential hostility (by other uncertainly defined actors), so one has to be decisive in one’s choice which hostility to confront first. Robert Bunker is correct in stating, “an Islamist state has to be considered more dangerous than a secular autocratic state.” The latter is “ideologically bankrupt” whereas the former because of its “spiritual ideological component” has “a very real expansionist potential” and therefore is “more dangerous.” According to this logic therefore, one has primarily to confront and eliminate this danger emanating from ISIS and not merely weaken the latter for the purpose of maintaining it as a force that would prevent other forces inimical to the United States from filling the “political and institutional vacuum” left by the decimation and total defeat of ISIS. First, ISIS in its short reign, other than verbally and ceremonially as true believers of the Koran, have hardly established a “political and institutional” framework that with its ousting would be occupied by other belligerent and hostile forces. The area upon which its so called Caliphate was established, from which thousands of people fled to save their lives, will once again, with the total defeat of ISIS, revert back to its original occupiers, Syrians, Kurds, and Iraqis, who with the exception of Syrian supporters of Assad, the latter two groups are hardly enemies of the USA.

The defeat of ISIS by American airpower and by forays of its Special Forces and its allies of Kurds and Iraqis on the ground will be a decisive blow to all Islamist terrorists, including those of al Qaeda. And it will put an end to the flow of its recruits from internal and external sources. I would suggest therefore that to achieve this great victory one must adopt the strategy that will defeat and eliminate ISIS and not the strategy that will degrade and weaken it. 

Con George-Kotzabasis http://kotzabasis3.wordpress.com  

Open Letter to Former Greek Finance Minister Yanis Varoufakis

By Con George-Kotzabasis November 27, 2015-

A few days ago, Reuters ranked the Tsipras government as the worst ever government of all times amongst the developed and Western world. It was this government that you served with overweening pride and engendered, by your unprecedented irresponsibility in the annals of politics and quack economic policies as its finance minister, this historically ignominious rank in which Reuters placed Greece.

Strutting, in an extraordinary theatrical performance, the European corridors of power clad in the mournful colours of a mortician with a red ribbon around your neck symbolizing that you were no run of the mill mortician but a proletarian one (It was this red ribbon that within the short span of six months would strangle economically both the proletariat and the bourgeoisie in Greece) who had come to slay and bury the “Minotaur” of capitalist exploitation and save the peoples of Greece, and indeed, of Europe, from the grisly and greedy fangs of their exploiters. But in an ironic twist of fate, after the guffaws for your thespian performance on the stage of Europe by your European confreres and the kick-out from the economic portfolio by your comrades for your total failure as finance minister, you have finished-up not as a saviour of Greece and Europe but as a slaughtering gladiator. Killing the beasts of capitalism in your global performance of panem et circenses before an audience of bien pensants and nipple-fed intellectuals, AKA the lost generation,  who have learnt nothing from recent history and who lack the spiritual and moral fortitude to free themselves from their childish obsession of the socialist nirvana.

The Tsipras Government’s performance since its ascension to power on January 25 can be described by its three basic characteristics, infantilism, naiveté, and insouciant irresponsibility, which, as its finance minister, you embodied to the highest degree. Don’t expect to be treated kindly, at least by me, for the most unkind cut you inflicted upon the Greek people. Within the short time of six months you managed to destroy the economy by closing the banks and bringing in capital controls, and nipping in the bud the positive results of the Samaras Government that slowly but decisively were pulling the country out of the crisis. For the first time after the long economic stagnancy and recession, growth was recorded to be 0.8% and expected to be 2.5%-2.9 of GDP for the years 2014 and 2015 respectively, according to the IMF; also, unemployment was prevented from rising to 35%, as was predicted by eminent analysts, and indeed, had fallen by 2%, from 26% to 24% by the end of 2014. And all these heartening results happened within two and a half years under the prime ministership of Antonis Samaras. But you, like a revengeful immortal Olympian god full of envy for these mortal achievements of the Samaras Government, destroyed them with ambrosial delight. Your ludicrously eccentric policies and your barren and inflexible arrogant stand in your negotiations with the European Union brought the country back into recession and you capped this with a bill to Greece of an extra 90 billion to be paid to its creditors, which would come from the pockets of future Greek taxpayers. This was your enviable success story in contrast to the real success story of Samaras.

And yet blind and callous before this stupendous calamity that you delivered upon Greece, you proudly and insensitively claim to be “sitting on top of the world.” (I would add in your first word “sitting,” an h, so to make it a better fit to your ravishing pleasure: It must have been a relishing sensation to you, almost an aphrodisiacal one, defecating on “top of the world”.) You should be instead sitting in a dock charged with high treason for the great hurt and harm you afflicted, with such insouciant irresponsibility, upon the ordinary people, whom with unheard hypocrisy you claim to represent. And no wonder that your European confreres were not listening to the bullshit you were emitting in your negotiations with them on the Memorandum, and their justifiable rebuke of your crank economic policies delivered to them in the form of lectures, in an aura of omniscience.

You claim to be a “liberal Marxist.” But you seem to be oblivious of the dismal fact that “Marxism” with any epithet before it, is “a skull that will never smile again,” to quote the ex-Marxist Polish philosopher, Leszek Kolakowski. You are not a denizen of the real world but a denizen of the phantasmagorical world of Marxism whose legacy left behind not the Eden of Marx’s polytropos, many-sided, man, fishing in the morning, playing the flute in the evening, and writing poetry at night, but the police state of the NKVD, Gulag Archipelagos and Killing Fields.

In a footnote of the history of the twentieth-first century you will be described as a crank economist, a cowardly chicken gamester--taking risks not with your own but with other peoples money-- and intellectual highjacker, who filched the writings of Marx and Keynes for the purpose of making your hybrid mulish economic doctrine, on whose back, as finance minister, you carried Greece to perfidious treasonable economic and political destruction.

Alas, after your pernicious mischiefs and gross offences toward the Greek people, you stand between the ferryman to Hades, Charon, and the butt of Aristophanes. Whom of the two would you choose, an afterlife of torture in the Underworld or a present life of ridicule in this world?

Zeroing In on the Enemy Within

In view of the murderous attack in Paris by members of the fanatical "state" of ISIS, I'm republishing the following article for the readers of this blog.

By Con George-Kotzabasis

I’m republishing this article written on July 2005 and published originally on my blog Nemesis as a result of a report of the Australian today that all five of the arrested would-be terrorists were regular prayers at the Preston Mosque in Melbourne where the Mufti of Australasia Sheikh Fehmi Naji el-Imam presides. Also as a result  of the violent Islamist demonstration in Sydney  on the pretext  that a video made in the USA by a Coptic Christian insulted  their prophet Mohammed. In this demonstration Muslim children between the ages of four and eight  were carrying placards that demanded the beheading of infidels.

It’s about time that Australia lost its innocence, so it will not fall a victim to the cunning, deceitful, and sinister foe of Muslim fanatics who are in our midst. As I’ve been writing since September 11, a terrorist attack by the enemy within the metropolises of Western civilization was always on the cards, as the bombings in Madrid and London have exemplified. Insightful and responsible governments must no longer shilly-shally about what is to be done, against this imminent internal threat of holocaustian dimensions that is embedded in the West.

The Government must immediately pass emergency legislation (even retrospective legislation) that would enable it, either to deport or jail fundamentalist imams, and all their suspect fanatical recruits. One must have no illusions. All bearded Muslims are potential terrorists. It’s the “emblem” by which they proudly display and flaunt their belief in fundamentalist Islam– such as Sheik Mohammed Omran from the Brunswick mosque who propagates openly or by stealthy means the ideology of fanaticism among his ten thousands followers, and praises the acts of terror as being fully justified against the infidels of the West and their governments that are fighting terrorism in Iraq and Afghanistan. Moreover, to prevent, and nip in the bud, any possible backlash that could arise among Muslim communities in support of these imams, such legislation should encompass that anyone who supports these imams, would also be liable for deportation.

Furthermore, this emergency legislation should eschew the intricacies and procrastinations that are involved in legal due process, so it could deport these imams and their recruits post haste. Additionally, the Government should immediately cease all funding to Muslim schools, unless the latter introduced in their curricula a no-leaks-assimilation to the mainstream culture of Australia, where the families of the children who attend these schools have freely chosen to settle in. Under no circumstances should these schools and mosques continue to nourish themselves on the teat of government largesse in the name of multiculturalism. The majority of Muslims do not believe in multiculturalism, as they are inveterate monoculturalists believing that their culture is superior to any other culture, and they sneeringly laugh behind the back of multiculturalism while they use the latter for their own sinister purposes. It’s timely that the Government put an end to this joke that is played upon Australians, by abandoning the disastrous policy of multiculturalism, to paraphrase John Stone. Even the most fervent supporters of multiculturalism in Europe, especially in the Netherlands after the murder of the film-maker van Gogh by a Muslim fanatic, are presently considering its abandonment.

Australia presently, is involved with its allies in a total war against global terror. Total war by definition is an unconditional, no holds barred war not only against a mortal enemy, but also against all the allies and supporters of the latter, such as the regime of Saddam Hussein was. Nations which profess to be involved in a total war, such as the U.S.A and its allies claim to be against global terror, cannot avoid from exercising the imperative and remorseless demands of such a war against their enemies. No nation can claim that it’s fighting a total war against an enemy whilst leaving a lethal fifth column among its midst. And no nation can claim that -by an even astronomical increase in the resources of security against terror – it can effectively protect its citizens from a terrorist attack, without at the same time destroying and uprooting the source of terror, the madrassas – wherever they happen to be in the East or in the West – which breed these fanatic recruits of terror.

As I’ve written in my book titled, “Unveiling the War against Terror: Fight Right War or Lose the Right to Exist”, the times are not for irresolute and Hamletinesque leaderships. Historians will aver that George Bush, Tony Blair, and John Howard, by their limpid awareness of what is at stake in this war against global terror, and by taking the firm and remorseless measures against this mortal foe, have entered the club of statesmen. In this historic clash between Western civilization and the terrorist barbarians, this triumvirate of statesmanship must now deal ruthlessly and remorselessly, by taking and exercising ‘the stern laws of necessity’, to quote the great historian Edward Gibbon, against the enemy, that lurks like a poisonous snake, within the gates of civilization.

CARPE DIEM QUAM MINIMUM CREDULA POSTERO

Syriza: Merrymaking While in Opposition Follymaking While in Government

America celebrates The Fourth of July as the day of independence of a great nation; Greece remembers The Fifth of July as the day of ignominy and gross stupidity of an abject nation, fallen from its former illustrious and glorious history, that voted “No” in the referendum and thus opened the door to the exit of Greece from the European Union and its entrance to the drachma.

By Con George-Kotzabasis—July 07, 2015

On last Sunday’s Referendum on The Fifth of July, sixty-one percent of politically and economically illiterate, not to say ignorant, Greeks, voted a “proud” and “dignified” “No” to the EuroGroup’s proposals, thus putting a noose around the neck of the nation, and celebrated this victory by dancing frenetically and entranced in Syntagma Square Zorba dances as if by putting a noose around someone’s neck was a festive occasion. And they did this in the background of closed banks, pensioners mass queuing to get a small part of their pensions, depositors unable to get a preferential amount of cash from their accounts, businesses unable to make transit payments on the exchange of goods and services, tourism, the major export of Greece, decimated by tourist cancellations. All this therefore leading to a free fall of the economy with the prospect of leading the latter to a catastrophic end with innumerable business enterprises closing, the present level of unemployment rising from 1.5 million to three-to-four million, engendering shortages of food and medicines, and with the ghost of the returning drachma--and thus absolute poverty of the country--looming over the head of Greece. Not since the launching of the Sicilian Expedition in 415 B.C. by the fatal decision of the Athenian General Assembly, that according to the great historian Thucydides was the stupidest decision ever taken and which was the cause of the ignominious and irretrievably annihilating defeat of Athens in the Peloponnesian War, has a democracy, as has been shown in last Sunday’s referendum, taken such a ludicrously irrational and fatuous decision on such a crucial question as whether the country should stay within the European Union or not.

Syriza while in Opposition in a crescendo of populism, ‘caressing’ promises, and purported macho stand against the Troika whose Memorandum of austerity, which according to the emotional fulminations of Syriza was humiliating and offending the pride and dignity of Greeks and leading to no end to the economic crisis, promised to the Greek people that by negotiating implacably and strongly with its European partners it would extract an economically better and dignified deal from the latter that would lead the country out of the crisis.

Of course all this merrymaking of Syriza was vacuous and wishful thinking, topped by a mountain of shameful lies, and never had a chance of being realized; it was never grounded on pragmatism and was bound to crash, like a house of cards, at the first touch with reality. The Greek people, however, irate and disgusted with the austerity measures of the Samaras government, but oblivious of the fact that these necessary measures were pulling the country out of the crisis, as stated by serious economic analysts world-wide, ratings institutions such as Standard & Poor’s, and Moody’s, as well as top-of-the-branch European politicians, were enraptured with the demagogy of Alexis Tsipras and became prone and willing to take a ride on the carousel of merrymaking provided by Syriza, that made by a magic wand hard things easy. Hence, on the 25th of January they elected the hardline left of Syriza in government.

Once in power Syriza revealed the inner lineaments of its nature and politics. It was a mixture of political immaturity, administrative incompetence, and hardline leftist ideology. A dangerous cocktail for anyone to hold in one’s hand at any time, especially when one steers among rocks the ship of state. This was illustrated by its two major players, Alexis Tsipras, and Yanis Varoufakis, respectively as prime and finance minister, who both of them, unlike God Who dares not to play dice, to paraphrase Einstein, gambled the fortune of the country in one throw of the dice and lost, as events showed down the track. But the hoodwinked politically innocent people along with the nipple-fed intellectuals aka “useful idiots,” to quote Lenin, still continued to throng as guests the merry party of Syriza in government and still believed the fairy tales of these two political spivs, Tsipras and Varoufakis, that by the strong stand of the Greek negotiators they would force their European counterparts to give in and provide Greece the tailor made program that was sewed up by these two spivs. The Europeans, of course, in their professionalism, would never accept the economically irrational and hare-brained demands of the Greek finance minister Varoufakis. Instead, they compelled the government, on the 20th of February, to sign and pledge itself to the implementation of the second Memorandum extant but which the government shilly shallied and refused to implement thus losing all trust and credibility in the eyes of the Europeans.

This is why the result of the Referendum has no impact in the thinking of the leaders of the European Union as they have lost all trust and have no confidence in the Tsipras government. On the contrary, as already seems likely, they will impose the most severe measures in the third coming Memorandum as an ironclad condition of Greece remaining in the Eurozone. Thus the trumpeted argument of the Tsipras government and its ministers that a “No” vote in the referendum would be a strong negotiating weapon, proved to be a paper sword in the hands of Tsipras, as is currently shown in his negotiations with his counterparts in the European Union.

The comedy of the rise of Syriza by the Aristophanean basket into the clouds of an ideal government is rapidly turning into an Aeschylean tragedy. The same audience that will joyfully be clapping the Aristophanean comedy will sorrowfully wailing and crying when it will be staged as an Aeschylean tragedy. Pride riding high always precedes the inevitable falling.

I rest on my oars: your turn now

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Pure Marxism and Lack of Strong Leadership Will Ruin Tsipras Government

Trust those who seek the truth; beware of those who claim to possess it. (Paraphrasing a German dramatist)

Marxists, like God, are omniscient and possess the truth by the Mandate of Heaven, so it is useless to argue against them.

. By Con George-Kotzabasis –May 28, 2015

The inevitable unravelling of the Marxist Government of Syriza will not only be an outcome of its barren stand in its negotiations with Troika and atavistic economic policies, but, also, of its weak leadership. A Marxist led government indispensably requires a centre of power dominated by a strong leader. This absolute requirement is palpably missing in the radical government of Syriza. Its Prime Minister, Alexis Tsipras, does not hold an indisputable unchallenging dominance in this centre of power due to his effete leadership. The seismic plates of leadership, therefore, continuously move under his feet to the different Marxist factions and personalities of the Party, of whom all in an agonistic rivalry contend for the ever-eluding purity of Marxism whose possession would place the crown of leadership on their head. But since no one in the event can possess the purity of Marxism as by its nature is a disembodied spirit, this agitation among its rivals nonetheless places the government in a chaotic situation, that in the absence of strong leadership, a Tower of Babel rises whose ministers contradict each other and even the Prime Minister. An example of this is Tsipras’s support of the privatization of a public entity and the blatant refusal of the minister in charge of this area to accept this privatization. In such a situation when the reins of a radical government are not in strong hands, its ministers tend to do their own thing as each one of them boastfully professing to have the manifest Marxist destiny to represent and lead the proletariat. (And who could challenge the sundry ministers in their claim to such destiny other than a strong leader?)

Hence, in such conditions where all the factions of Syriza chaotically compete for the mantle of pure Marxism, Lenin’s Democratic Centralism, consisting of a Central Committee and a Politburo, on whose apex sits one person invested with supreme power, is replaced by a politically cacophonous and multi-active polycentrism whose lack of control and direction, in default of strong leadership, not only makes a mockery of democratic centralism and Lenin, but also, more gravely, engenders inexorably a failed state.

Not that Syriza is in want of all the trappings of a Bolshevik state. It has all the corollaries of democratic centralism, such as a Central Committee and a Politburo, which it names a Political Secretariat to eschew any resonance to Stalinism, but it ludicrously lacks the sinewy ruthless leadership material at the centre of power that is the sine qua non of a Bolshevik Party. So it is not surprising that all its methods of how to handle the Memorandum, that has been imposed by the European Commission, the European Central Bank, and the International Monetary Fund, as a condition of Greece of being continued funded during its financial crisis, have been in shambles and lack coherence. While Tsipras, and a substantial part of the Ministers Council, show a willingness and a predisposition to make the necessary compromises in their negotiations with the Troika that will convince the latter that the Greek government will implement the austerity policies of the Memorandum and make the necessary structural reforms that will make the country competitive and lead it in the short term to solvency (As the Samaras Government was in the process of achieving), the radical Left Platform of Syriza refuses adamantly to make these compromises and constructs a “strategic breach” with the Euro zone and a return to the drachma. But even in the event that the Government clinches an agreement with the Troika early next month--there is a great doubt whether the Tsipras Government will be able to implement and materialize these structural reforms in the face of dogmatic and strong opposition by the faction of the Left Platform and the client Unions of the public sector--the Government will be just as doomed. Hence, this political and ideological chasm between the top leadership of the Party and its major faction, the Left Platform, is unbridgeable and will remain so as a result of the non-existence of strong leadership.

Tsipras is no Lenin. The latter realizing that the first socialist policies of the Bolsheviks by 1921 were failing, immediately replaced them with the New Economic Policy that was capitalist oriented giving people more freedom to produce and trade, he imposed this capitalistic policy upon the Party by dint of his strong unchallenged leadership and thus saved his government from obliteration. Tsipras on the other hand with his feeble weak leadership is unable to impose upon the recalcitrants of his Party the policy that will save both his government and the country. The Tsipras Government is a mad house whose “interns” all think they are Lenin and practise the ruthless and callous policies of the “great” man, breaking eggs to make omelettes, to paraphrase Lenin.

The cause of the ruin of the Tsipras Government is located in Alexis Tsipras himself. But the great tragedy for the Greek people, who in a lapse of prudence elected Syriza into power, will be that while Tsipras ruins his government, at the same time he will be wrecking and ravaging Greece for at least a generation.

I rest on my oars: your turn now.

Greece's Electoral Theodicy: The Worst of all Possible Worlds

Those “whom the gods would destroy, they first make mad.” The Greek middle classes, who, with inimitable stupidity, voted for the multi-factional neo-communist party of Syriza, deserve their fate. Like Hitler’s party in 1933, a communist party has taken power in 2015, not through revolution, not through the bullet, but through the ballot of a moronic electorate falling victim to the blandishments of populism.

Con George-Kotzabasis January 25, 2015

7.30 pm Greek time

Return of Troika to Athens to Consummate Negotiations with Greek Government a Compulsion

By Con George-Kotzabasis November 19, 2014

The Greek Opposition and the media in general by demonizing The Memorandum with its austere measures that has been imposed upon Greece by the Troika, i.e., the European Commission, the ECB, and the IMF, as a condition for the flow of funds from the latter to the Greek Treasury for the purpose of saving the country from insolvency and gradually placing it on a trajectory of economic recovery, has made it impossible for anyone to reasonably argue, or even to imply, that this necessary austerity, after a mindless profligate spending by previous governments that sunk Greece into an unfathomable debt and debarred it from the financial markets and threw it into an unprecedented spin of economic crisis since the ending of World War II, would generate beneficent results and would pull the country eventually out of its economic crisis.

History has repeatedly shown that countries in critical situations, almost like a law of nature, give rise to extraordinary men/women of stupendous wisdom, mettle, and will power that saved their nations from destruction. Themistocles at the battle of Salamis that saved Greece from Xerxes’ despotism and his barbarian myrmidons, Lincoln in the American Civil War, and Churchill in World War II, are outstanding examples. Likewise in contemporary Greece from the ashes of its economic holocaust, a phoenix, in the figure of Antonis Samaras, had risen to salvage the country from its tragic economic mess. In the short space of two years the Samaras government accomplished an unprecedented feat, that no other government in the world was ever able to consummate, i.e., to draw the country from the edge of a precipitous calamity and place it by gradual firm steps on the solid ground of inchoate economic recovery. This was achieved by a series of structural reforms that made the country more competitive, and by painful cuts in the budget that generated for the first time a primary surplus in the current year, after many years of budget deficits that was the embedded malaise of the policies of previous governments and were the major cause that pushed Greece into bankruptcy. Also, for the first time after forgetting, but not forgiving, many years of negative growth, the country’s GDP in 2014 has increased by 0.7%, and unemployment has decreased from 28% to 25.9%, in the same year, and is estimated to decrease to 25% by the end of 2014.

It is because of these achievements of the Samaras government, that I believe that the TROIKA will be compelled to back down from its severe and apparently unyielding demands, in its impending negotiations with the Greek government in a few days, and will render a positive review of the policies implemented by the latter as stipulated in the Memorandum, which is the sine qua non of Greece’s exit from the strictures of the Memorandum by the end of 2014. It is inconceivable that the TROIKA will persevere with its hard position and put in jeopardy these successes of the Samaras government, that after all, emanated from its own austerity measures that were contained in its own directives as designated in the Memorandum. The TROIKA cannot be so foolish as to throw a spanner in its own works! Hence, the nonsensical fear, that has been so gloomily and frivolously fanned by the Greek media that the TROIKA will continue its hard-line toward the government and place in predicament, and waste, all the sacrifices Greeks had made to turn their country into a modern economy and fecund with prosperity, will dissipate with the softening and compulsion of the TROIKA to withdraw its hard stand.

I rest on my oars: your turn now.

                  

The Search of Neuroscience for the Quintessence of Economics

By Con George-Kotzabasis—October 03, 2014

A reply to “of markets and minds” --by professor Peter Bossaerts

Melbourne University Magazine

 

Economics is the application of scarce means for the attainment of countless abundant ends. Since all ends cannot be fulfilled because of the scarcity of resources, human choice selects those ends that are more needful or pleasurable to man than those that are less so. The attainment of those more needful ends is a result of human action. These ends, however, are the fruits of the future and the inevitable uncertainty that is riveted upon it. Therefore human action is always speculation based, however, not upon the throw of the dice but upon ratiocination. Furthermore, actions are determined by the value judgments of individuals i.e., the ends they are eager to attain. These valuations differ among individuals due to the different circumstances and living conditions of these individuals and to the variable desires and wishes that emanate from the plethora of their personalities. There is no constant relationship between these valuations, as they emanate from the different wishes, desires and caprices of an umpteenth of individuals, and are therefore beyond the bailiwick of science to measure them; what scientific method could measure with precision the capricious longings of man and the uncertainty that surrounds his existence?

Professor Bossaerts’ attempt therefore, to identify and control the ‘cells’ of the economy and finance and the complex interactions that determine their course by the scientific method of neuroscience for the purpose of rationally directing the process of the economy to a more beneficial path, is in vain and is bound to fail. Science measures constant relationships in the controlled experimental environment of the lab but cannot measure uncontrolled innumerable variants that determine, in our case, the process of a free market economy. The search, therefore, of finding the inexorably elusive quintessence of the economic process by the tools of the hard sciences, though a laudable task, is purblind, as it cannot see nor understand that science is incapable of measuring the measureless.

The endeavour to supplant and redress, on the one hand, the imperfections of the free market economy, and on the other, the failures of government dirigisme to regulate and direct the economic process of the free market to a more optimal state, by the powerful algorithmic tools of science, will be found to be another futile attempt to direct the economy from a central command post, this time by the methods of neuroscience and not by an omniscient cabal of socialist planners.

In an imperfect and uncertain world, the free market economy will proceed and move by trial and error and continue to spread its benefits to mankind. But the intervention of man’s reason and understanding will substantially diminish the errors by increasing their correction in time by the power of man’s imagination and ratiocination.                 

The Samaras Government and the Frivolous Populist Chattering of the Media Harlots

By Con George-Kotzabasis  August 19, 2014

The Greek economic crisis has brought on its heels a moral and intellectual crisis and “prostitution” of its media. The Fourth Estate in Greece has been transformed into a “red-light” district where a populist seraglio of colorful journalistic harlots has assembled to hustle their “quickies.” Only with few exceptions, such as Babis Papadimitriou, whose analyses of current economic events in Greece are illustriously admirable and an example for imitation, most of the media spoke persons and journalists in Greece are wallowing in the putrid waters of populism and from that position are publishing their disheartening, gloomy, and misleading comments about the economic and political situation of the country. But while it is easy to please and mislead the hoi polloi it will not be easy for these commentators to erase the mark of shame that they have self-inflicted upon themselves and their intellectual integrity.

To the incomparable achievements of the Samaras government in restructuring the economy, making it more competitive and freeing it from the dead weight of the public sector–which was a major cause that had brought Greece to the precipice of default and its citizens close to absolute poverty–that were the prerequisites for keeping the country within the European Union and with the latter’s financial help saving it from economic collapse that would have thrown its people, for at least a generation, into the hungry fangs of poverty, the Greek media, almost in toto, has not emitted one word of praise toward this remarkable performance of the government.

This accomplishment is unprecedented in the history of nations, that in a short period of two years any political leadership was able to accomplish and salvage their countries from bankruptcy. The Greek media, however, did not make one twit about this great accomplishment. On the contrary, it criticized the government, and often condemned it, of being responsible for the immiseration and economic suffering of its people, and of being the puppet of the European political elite, especially Chancellor Merkel of Germany. In a chorus of tragicomedy its commentators reproached and blamed the coalition of the Samaras government for accepting and implementing the austere policies of the second Memorandum, that were imposed by the European Commission as a condition for Greece’s continued financial assistance by the former, as being the cause of the calamitous economic blight that has scourged a major part of the population in the last two years. However in this prejudiced and populist castigation of the government by the media analysts, they studiously ignored the fact that the real culprits for this economic disaster were the leaders of past governments who had created a false and unsustainable economic prosperity, fuelled by loans and debts and passing the latter to future generations, and by creating a gargantuan flabby and totally inefficient public sector for the purpose of ensconcing their political clientele in leisurely unproductive jobs at the expense of the public purse. Hence, it was not the Memorandum that had brought the economic crisis and the level of unemployment to stratospheric heights, but the imprudent and foolhardy policies of past governments that led the country to the brink of insolvency that had brought the Memorandum with its inevitably austere remedies, and just as inevitably some errors in its policies, but which were tragically essential for Greece’s economic recovery. As is often the case throughout history, nations and men/women in great dangers can only be saved by the most severe measures.

The Samaras government did not flinch before this formidable responsibility and carried this hard task with the characteristic moral strength and intellectual astuteness of its leader. It surmounted the mountainous populist waves that a petty and completely incompetent, and by now, a historically obsolete amalgam of ex-communists and socialists, who compose the Opposition, Syriza, stirred among the populace with the aim to get rid of the government. And despite the fact it had the unions and its strikes on its side and using them as a battering-ram to overthrow the government, nor the fact that the media in general took a neutral stand and did not decry this disgraceful and dangerous action of the Opposition that would lead to the political destabilization of the country and would put in jeopardy all the successes of the government in pulling the country out of the crisis, the Opposition failed ignominiously in its goal.

Antonis Samaras, like Theseus, is finding Greece’s way out of the labyrinth of its economic crisis while the Greek media inexorably demeans itself by polluting its readers and viewers in a rancid flood of populist biased misleading comments and information, that puts the great accomplishments of the government and its exit from the crisis at an immense menacing risk.  

I rest on my oars:Your turn now!

Delegitimize States that Sponsor Terror

I'm republishing the following paper for the readers of this new website hoping to find it to be of some interest.


By Con George-Kotzabasis

The following paper was written on September 20, 2006, and was sent to President Bush on the same date. The reason why it's republished here in The...Journal, is that the Pentagon has now a secret plan to attack Iran within twenty four hours, according to investigative journalist Seymour Hersh of The New Yorker magazine.


Distinguished former diplomats, like Warren Christopher, Clinton’s Secretary of State, remain at their “postless”, no new messages on diplomacy, posts, and continue to argue on the virtues of old diplomacy. In his piece on the Washington Post, July 28, 2006, he calls for “negotiation of an immediate cease-fire between the warring parties” in Lebanon, and asserts that a “permanent” and “sustainable” solution to the root causes of the conflict—which is the goal of the Bush administration—“is achievable, if at all, by protracted negotiations.” As an example of such successful diplomacy that occurred under his tenure as Secretary, he refers to the rocket attacks by Hezbollah in April 1996 against Israel and the countering of the latter with Operation Grapes of Wrath, that the Cagliostro like arts of diplomacy successfully stymied this confrontation and ushered a truce between the parties that lasted for ten years. He claims, that only by such broad-minded diplomacy that involves all the players in the region could America stop its “tattered reputation.” But he is completely mindless of the fact that this long Truce was neither permanent nor sustainable, but, merely, a respite for the Hezbollah during which the latter would militarily train and proselytize its militia with its fanatic deadly ideology and arm it with Katyusha rockets for a deadlier future confrontation with its mortal enemy, the Jewish State, as we now see.


To repeat therefore the diplomacy of the past in the present context in the face of these lessons given by this flauntingly failed diplomacy, is not only to repeat the mistakes of the past, but more grievously still, to weaken Israel and its Western allies against greater impending dangers in the future. As the upshot of another long Truce between the belligerents now would only benefit Hezbollah by making it politically, ideologically, and militarily even stronger, and loading this time the tips of its rockets with weapons of mass destruction, including tactical nuclear weapons, thus fulfilling President Ahmadinejad’s apocalyptic foreboding of wiping Israel off the map. And needless to say, such an outcome would be a tremendous victory for global terror and a serious strategic reversal of the West’s war against it.


Furthermore, it would set in concrete the ambition of Iran to become the dominant power of the region, whose present trailblazing two-pronged strategy to forge an axis between Shi’ites and Sunnis, as the present pact between Iran and Syria illustrates, against their arch enemy Israel and to paralyze the EU and the US as a condominium to formulate an ironclad policy that would prevent Iran from acquiring nuclear weapons, are the means by which it will achieve its aim. Since, according to the Ahmadinejad regime, the grand diversion that Lebanon has provided will ease its task to acquire a nuclear arsenal, as the divisions that would be spawned by the Lebanon crisis among the Western countries and within the UN about how to handle the situation on the ground, would be of such a nature that would completely enervate the US and EU condominium from forging a position that would stop Iran from joining the nuclear club.


Hence the war in Lebanon may initially appear to be a local conflict between Israel and Hezbollah but in reality is a geopolitical conflict between Iran and the Western powers since the former will be using the conflagration of Lebanon as a fulcrum to achieve its strategic goals (a) to acquire nuclear weapons, (b) to emerge as the predominant power in the region, (c) to become the leader of the Muslim world, and (d) to establish in the world the millenarian regime of the twelfth imam Mahdi. As the respected Middle East analyst Amir Taheri wrote in The Australian, on August 7, 06, “to Ahmadinejad to wipe off Israel is the first step toward defeating the ‘infidel’ West”. He furthermore quotes Iran’s state controlled media as saying “that Lebanon would become the graveyard of the Bush plan for a new Middle East”. And Tehran believes, “that a victory by Hezbollah…will strengthen Ahmadinejad’s bid for the leadership of radical Islam”. And Taheri comes to the conclusion “all the talk of a ceasefire, all the diplomatic gesticulation may ultimately mean little in what is an existential conflict”.


Will the “new” diplomacy, as embodied in the unanimously approved resolution by the UN Security Council, in its stylishly dashing French clothes, but worn, by the old decrepit body of diplomatic thinking, bring the long desired, but up till now evanescent, permanent and sustainable solution to the region that so many attempts in the past failed to do? The auguries for such an outcome however, are far from favorable. The Council’s resolution calls for a halt to the fighting and Israel’s withdrawal “in parallel” with the deployment of UN peacekeepers and 15,000 Lebanese troops who will attempt to create a buffer zone in South Lebanon free of the Hezbollah militia. However, the resolution vaguely refers to the disarmament and dismantling of the latter, that is pivotal to a permanent and sustainable peace between Israel and Lebanon and whether such international force and the Lebanese army--which is riddled with Hezbollah sympathizers--even if they had a clear mandate to disarm Hezbollah, would have been able to accomplish this task, given the unambiguous statements of Hezbollah that it will not disarm. Nor does the resolution take a firm and implacable stand in stopping the supply of weapons to Hezbollah by Iran and Syria.


Hence, the dragon teeth of Hezbollah are still planted deep in Lebanon’s soil, presaging an even greater and more dangerous conflagration in the future between the warring parties, especially if Iran stealthily slips into the nuclear club. The UN resolution therefore is merely a soporific. It will provide a couch to Israel and Hezbollah so they can both lay down in a temporary state of dormancy until Hezbollah feels strong enough, in its never ending act, to wipe Israel off the map. Thus, the future confrontation will be by far more deadly than the present one, as possibly hundreds of thousands will lose their lives.


America's New Strategic Diplomacy

Surely the American leadership must be aware of this lugubrious scenario that has been staged by this toothless resolution of the Security Council. Unless they have in mind a second stronger swift resolution that will be addressing the complete disarmament and dismantling of Hezbollah and irrevocably stopping Syria and Iran from supplying weapons to its proxy, they will entangle and compromise their up to now clear strategic position in the strategically myopic, unimaginative, fickle, and flabby diplomatic stance of their allies in continental Europe. It will be the ultimate folly, post 9/11, once you have identified your irreconcilable, implacable, and mortal enemy, as the Bush administration has done, to render the enemy and its proxies respites that will strengthen their military capability and make them even more dangerous as well as more difficult to defeat in the future, instead of destroying them at their weakest moment, as no kind of diplomacy ante 9/11, no matter how brilliantly conceived, can achieve the complete destruction of this infernal enemy.
The Bush administration being presumably aware of this fact, i.e., of the complete inadequacy of the old diplomacy, of which so many of its "encoreists", such as Richard Holbrooke and Madeleine Albright, are continuing to give it “standing ovations”, does seem to be willing--despite its tactical errors in Iraq that have given rise to a rampant insurgency making the war more difficult to win and as a result of this making some members of the Administration more circumspect to launch another attack, this time on Iran--to take leave of its circumspection and embrace a more hawkish diplomacy that would be much more successful than the effete and barren diplomacy of the past. Such robust diplomacy will not be draped in the smooth velvety apparels of “old” Europe or in the tattered garments of the United Nations, but will be draped in the bristling carapace of a porcupine. While there will not be a scarcity of carrots in the exercise of this armed diplomacy, the sticks will be deadly in their threatening application against those intransigent nations that continue overtly or covertly to sponsor terrorists and use them as proxies to achieve their geopolitical and millenarian goals. The axis of Iran, Syria, and Hezbollah will have the kiss of death planted on its forehead by this no “frills” American diplomacy. But the angel of death in this new diplomacy will be last in the queue. Before the US deploys as a last resort its lethal arsenal against the axis, it will in the incipient stages of this diplomacy call for the de-legitimatization of Iran and Syria as states that sponsor terror. Iran and Syria will become pariah states and will be isolated from the rest of the world. The only avenues that will remain open between the former and the latter will be the economic ones. But the economic transactions between de-legitimate states and the rest of the world will proceed not through individual states but through an intermediary channel, an international consortium whose representatives will be enlisted from the de jure states of the world who will deal with the economic representatives of the outlaw states. Such procedure will place the free world in a powerful negotiating position to impose its own economic regime on the outlaw states.


Needless to say, some nations will not accept, and will not abide, this “outlawing” of Iran and Syria and will continue to have their relations with the latter unchanged. But as long as the major nations of the world hold the line, this recalcitrance of these nations will in no way loosen the tightness of the noose around the throats of the outlaws, as the latter will be banned from attending all international forums where the important decisions in the affairs of the world are made.


The chances that the call for the de-legitimatization of states that sponsor terror, as a diplomatic move to prevent Iran from acquiring nuclear weapons, are quite high that it will rally many nations to support such a call as the best alternative to an American military attack against Iran, particularly, when such an attack would result in a great loss of lives as well as have the potential to throw the world’s economy into the doldrums, as it’s the latter as well as their electoral base that many European nations are mainly concerned with in the advent of an American attack on Iran. The exercise of this new adroit American diplomacy will address therefore both the concerns of the Europeans and the fears of Iran. It will have, on the one hand, enough carrots in its diplomatic basket to feed the Europeans and to entice them to the idea that the outlawing of Iran is the better option for all concerned than a devastating military confrontation with the latter, and on the other, it will have enough sticks to coerce Iran to abandon its goal to acquire nuclear weapons. In the intense pressure of the vice that the Ahmadinejad regime will find itself both as a possibly ostracized de-legitimate state or as a military target of the Americans, the odds are that the regime will succumb to this pressure. In the event that it sticks to its guns, then it will play Russian roulette with its own people, as such a stand will strengthen the internal opposition against the “mullahcratic” regime. And as the majority of Iranians shift behind the Opposition parties this could lead to the fall of the theocratic regime of Ahmadinejad by an army revolt that would act in the name of such strong opposition from the people.


The success of this diplomacy will depend entirely on the Bush administration making it unambiguously clear to its European allies, as well as Russia and China, of its utter determination that in the event the proposal to de-legitimatize states that sponsor terror is not adopted by the major nations of the world, then the US will have no other option but to attack militarily the rogue states that sponsor terror, and Iran will be the first one and more likely than not the only one, as the other ones will follow the example of Libya and cave in. It’s inconceivable to imagine, that the European nations, as well as China, for which the sine qua non for its present stratospheric economic development is the economic stability of the world, will be so dim-witted not to accept the American proposal and risk the chance that the Bush administration will not deliver on its threat.


Hence, this hawkish US diplomacy is far from being a long shot in persuading the major nations of the world to outlaw states that sponsor terror. Moreover, it has the great potential as a dual realizable threat to outlaw Iran or attack it militarily, to coerce the latter to unequivocally abide by the demands of the international community. In the event that the Ahmadinejad regime remains unwilling to discard its obsession to possess nuclear weapons and continues to defy the European Union and the United States in their demand to stop supplying its terrorist proxies, such as Hezbollah, with weapons, then the call will be on “the angel of death”, draped in stars and stripes, to jump the queue and put an end to this apocalyptic threat that stems from the regime of the mullahs.


Hic Rhodus Hic Salta

The Diplomatic Peregrinations in the Holy Land of a Lucklustre Strategist

I'm republishing the following article that was written on October 2011 for the readers of this blog, as Leo Panetta has been replaced by President Obama by an even worse politician Chuck Hagel as Secretary of Defense, as well as the present negotiating continued failure of Secretary of State Kerry to bring the Jews and Palestinians together and the impending failure with the Iranians to persuade them to desist from building further centrifuges by which they could acquire nuclear weapons.

By Con George-Kotzabasis October 7, 2011

The “lion” appointed by President Obama to the office of Secretary of Defence Leon Panetta, who purportedly is defending America and the West from deadly foes, in his latest visit to the Middle East is advising Israel, from his Olympian heights, ‘to take risks for peace.’ This advice, however, is redundant, superfluous, and otiose and Prime Minister Netanyahu has every reason to reject and oppugn such crass “displaced” advice. Israel had already taken risks in the past with no benefit accruing to it, least of all peace. It had withdrawn from Gaza and re-settled its citizens within the borders of Israel with the result that Gaza was taken over by the terrorist organization Hamas and Israel had to defend itself from a rain of rockets fired by the militants of Hamas; and it had likewise withdrawn from South Lebanon only for the latter to be taken over by the other blade of the terrorist scissors Hesbollah, that also started firing rockets against Israel forcing the latter to invade South Lebanon to protect its citizens from being killed. Israel had taken all these risks for peace. But what did it get in return, a deluge of rockets. What other risks Secretary Panetta has in mind for Israel that would bring the up till now eluding peace to the Middle East? For the Israelis to wait until Hamas and Hesbollah load the tips of their rockets with nuclear devices supplied in the near future by Iran? And what precautions and preventive measures the U.S. is taking to stop Iran from acquiring nuclear weapons?

The answer to these questions lies in the further advice that the Secretary of Defence is giving to Israel. He tells it not to take “lone” action against Iran in its threat to develop nuclear weapons. Preventing Iran from acquiring a nuclear arsenal, he says, is the responsibility of major nations taking concerted diplomatic action. But this is a “Looney” policy that the Secretary is recommending to the Israelis. It has been tried so many times in the past and it has failed resoundingly. The Islamist regime is not going to change course in its determination to possess nuclear weapons by a truckload of diplomatic carrots but only by an “armada” of bristling porcupines that will pierce its thick skin. Diplomacy can succeed with the Iranian regime only if it is accompanied by the explicit threat of arms.

Leon Panetta has the sinews of a lamb disguised under the skin of a lion. His peregrinating debut in the Holy Land and his attempt to bring, as the “envoy” of the also weak President Obama, Palestinians and Israelis to the negotiating table will prove to be an abject failure, like all the previous efforts of his predecessor Senator Mitchell, also appointed by Obama. As we have predicted, the Obama presidency is a circus of underperforming political tyros, both in the international and domestic arena and more and more Americans are realizing this and are becoming disenchanted with Obama’s performance. The “sprightly colt”, who won the race to the White House with overwhelming support only two and a half years ago, is presently underwhelmed and is conceding to be the underdog in the 2012 elections. (See Obama’s interview with George Stefanopoulos on the ABC.)

An Exchange between Professor of Economics at Athens University Yanis Varoufakis and Kotzabasis about the Merits and Demerits of Capitalism

The following exchange between me and Professor of  Economics Yanis Varoufakis at Athens University took place on his blog

http://yanisvaroufakis.eu/ about the capitalist system under the post:

Ending 2011with a fable for our times-December 24, 2011

December 24, 2011 at 03:14 #

Kotzabasis says,

Is Amartya Sen’s absolute prosperity and relative inequality of the capitalist system vulgarly to be replaced by Yanis Varoufakis’s “despicable inequality?”

Professor Varoufakis distorts and defames the whole history of the dynamism of entrepreneurial capitalist wealth that shot up the standard of living of the masses to “Himalayan” heights. To claim that capitalist “wealth …needs poverty to flourish,” is just an ornamental academic trapping empty of history and fugitive from serious thought. Capitalism, like everything else in life, was never meant to be “stable” but a process of Schumpeterian “creative destruction.” But this can only be understood and accepted by realists and not by heroic ideologues, like Professor Varoufakis.

Professor Varoufakis says,

• December 24, 2011 at 15:32 #

It is always good to encounter intransigent Panglossian views in the post-2008 world. There is something touching about undying faith, even when of the toxic variety.

1. December 25, 2011 at 01:48 #

Kotzabasis says,

Professor Varoufakis

Are capitalist entrepreneurial creativity, wealth, and prosperity based on “intransigent” “Panglossian” naivety? And is the history of capitalism to be truncated and concentrated naively and un- imaginatively between 2008 and 2011 for you to make your uninspiring and toxic argument?

Professor Varoufakis says,

December 25, 2011 at 11:56 #

No, capitalism’s wonders have nothing to do with Panglossian naïveté. But your determination to portray it as the best of all possible systems exudes it. As for my assessment of capitalism, and your claim that I truncate the latter’s history to a period around 2008, feel free to judge it. But only after you acquaint yourself with it. (For had you read it, eg either of my last two books, you would have realized that I truncate nothing. And that I go to great lengths to analyse capitalism’s contradictions, something that entails a celebration of its achievements as well as an exposition of its failures.) Till you are prepared to become acquainted with what I am really saying, before you attack it, I shall treat you as no more than a minor Panglossian.

Kotzabasis says,

December 26, 2011 at 02:46 #

Professor Varoufakis

Thank you for your advice how to overcome my “minor Panglossian” status. But unfortunately for me I’m bound to retain it, as your crass defamation of capitalism in your POST, hardly incentivized me, to use a term of your “little man” John Howard, to read your books and be acquainted with your thoughts. And indeed, my preference is to be “treated… as a minor Panglossian” than go through the treat to major on your ‘Pandistortions’ and jaundiced strictures on capitalism.

But to come to the gist of the matter in hand, my riposte to you was not to either of your two books, which, as I imply above I have not read. My reply was specifically to your post where you wistfully and wrongfully write, “Should we dare to hope of a new era in which WEALTH NO LONGER NEEDS POVERTY TO FLOURISH,” and of the illusion that “capitalism can be stable” and where you vulgarly and gracelessly contend that capitalism creates “DESPICABLE INEQUALITY,” and in your reply to my first post where you refer to the “post-2008 world.” It might well be that these ‘populist flourishes’ had not meant to be of any intellectual seriousness and their only aim was na deleazei ( to allure) and enthuse the ignorant to rush and become volunteer workers to your construction of your ‘matchsticks’ good society, as a replacement to the infernal deeds of capitalist society. But could one do this at the cost of one’s intellectual integrity?

And it is most surprising that the Gargantuan, indeed, Cyclopean efforts that you have put in your Modest Proposal(MP)—although one must note that Cyclopean efforts without a Ulysses are fated to be wasted efforts—have the aim to save Europe, a system that according to you produces genetically “despicable inequality.” Fortunately, however, for those condemned to this despicable inequality, but unfortunately for you, Andreas Koutras’s fatal Jovian bolts demolished to ashes the MP, from which no contriving number of revisions to it will give rise to a Phoenix solution that will salvage the European Union from its peril.

Lastly, to state that “to analyse capitalism’s contradictions… entails a celebration of its achievements as well as an exposition of its failures,” is to state the obvious.

Professor Varoufakis says,

December 27, 2011 at 04:33 #

Impressed by your dedication to keep knocking down my (according to you) already demolished, and perpetually ridiculous, arguments, as well as by the amount of time you dedicate to a blog (mine) which you consider unworthy, I shall continue to post your comments. Carry on Sir!

Kotzabasis says,

Professor Varoufakis

With your Kazantzakian character I could never imagine that you would not post my comments.

P.S. Since the above, early in 2013, Professor Varoufakis banned me from his blog and refused to publish any of my comments.