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Lapavitsas brings up drachma again

SYRIZA MP Costas Lapavitsas again brought up terms of a Greek withdrawal from the euro, arguing that this should be done in agreement with the partners.

 

In an interview with US magazine Jacobin the SYRIZA MP stressed that Greece's exit from the euro is the most advantageous option.

In the article Lapavitsas argues that “the only political party capable of moving Greece forward at this time is Syriza.... It is in Syriza that the Greek people are continuing to vest their hopes. ”

After detailing the Greek proposals, the London-based economist, notes that these represent an extremely painful compromise, and there must be an internal party discussion on their consequences in relation to implementation of Syriza’s electoral platform, the Thessaloniki Program.”

In relation to the Thessaloniki program he states that it “is not some kind of Bolshevism. It is moderate Keynesianism.”

Lapavitsas, after outlining creditors' proposals, sees no “proposal from the lenders that does not entail a high political cost for Syriza and its leadership, because the party endangers the status quo in Europe. The lenders want to demonstrate that Syriza has been defeated.”

Lapavitsas, who has long advocated a return to a national currency, concludes his article saying “if Syriza really wants to change society, to avert national ruin, to put the economy back on a developmental track, to secure a new dynamic position for Greece in the international scheme of things, there must be an examination of alternative ways forward.”

read the artcle here: https://www.jacobinmag.com/2015/06/syriza-troika-lapavitsas-austerity-tsipras/