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Syriza Has No Choice: Greece Must Prepare to Leave the Eurozone

Source: In These Times

To break from the program of brutal austerity that has been imposed on Greece, its leaders have no choice but to take radical action.

When Syriza won Greece’s parliamentary elections in January of 2015, much ado was made in the international press about the rise of a new radical Left in Greece—a development that had punctured Greece’s longstanding two-party stalemate and opened up the possibility of rolling back the brutal austerity measures imposed upon it by “the troika,” the European Commission, the International Monetary Fund and the European Central Bank. The upstart Leftists, born of anti-austerity social movements, won by running on a platform that highlighted two central positions. First, they would end the austerity that was driving Greece deeper into a humanitarian crisis. Second, they would keep the country in the European Union. read more

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Joseph Stiglitz on the Trans Pacific Partnership: “This Is A Big Deal”

Source: In These Times

Trade agreements are about more than business—they’re about who has final say in the way people around the world live, what they eat, how much they are paid, what medicines they can buy and whether they have jobs. Such agreements shape economic policies that impact billions of people. The discussions surrounding these agreements are far too important to done in secret. But that’s precisely how the Obama administration is trying to pass the Trans Pacific Partnership (TPP). read more