Open letter to Former Greek Finance Minister Yanis Varoufakis

By Con George-Kotzabasis October 14, 2015-

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 of 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 insensitive 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.

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Professor Proposes Silent Axis between France and Greece Contra Germany

By Con George-Kotzabasis May 10, 2012

It’s interesting that you don’t mention one word about your one night stand with your inamorata Tsipras, the Radical Left leader of Syriza. But it’s obvious that Hollande replaced the latter in your gyrating amours, after the politically and economically inane and embarrassing post-election statements of Tsipras. And it won’t be long before you will be disappointed with President Hollande too with his dealings with Germany and you will be looking for a still more exotic paramour.

You are mired in the past when you still consider that the European leaders continue to push the austerity programme for the southern European countries as the sole measure of getting them out of the economic crisis. In the new economic orchestration of Europe the ‘soloist’ austerity no longer jingles. All the major European leaders, Jose Barroso, Olli Rehn, Chancellor Merkel, Wolfgang Schauble, the top technocrats, Christine Lagarde, Mario Draghi, and Mario Monti, are talking now about economic recovery and growth without which austerity cannot succeed. Thus they have all taken their cue from Antonis Samaras who was the only statesman that sounded this syndrome of austerity and growth two years ago and had quarrelled with Merkel and Sarkozi, for which he had been severely criticised and disparaged by politicians and the media, such as The Economist. All of them however admitted subsequently that Samaras was right. Hence there is already a sounding axis between Greece and the whole of Europe due to the intercession of Antonis Samaras. Moreover, Samaras warned the European leaders that the policies of the first Memorandum would change the political configuration of the country, as they would both give rise to the forces of the extreme left as well as lead to the break-up of social cohesion which in turn would make the country un-governable. These warnings were tragically verified in the elections of May 6. And I pose the question, why Professor Varoufakis you lack the nobility and courage to give credit where credit is due, to Samaras?

You seem to be obsessed with your toy The Modest Proposal that would drag Europe out of its crisis, and not finding any other children to play with it, you have turned into a surly and cantankerous little boy. Since, as its sire along with Stuart Holland, you flagged it more than a year ago you have made so many ‘bastard’ revisions to it, that it has become difficult to identify the ‘true father’. But one thing is for sure, that in your vainglorious pursuit to persuade governments and bankers to adopt it, you will miserably fail. Your Modest Proposal was always a flying kite that would inevitably take its nosedive.