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On the 25th January 2015 the Greek people voted in an election of
historic importance-not just for Greece but potentially all of
Europe. The radical party Syriza was elected and austerity and the
neoliberal agenda is being challenged. Suddenly it seems as if
there is an alternative. But what? The Eurozone is in a deep and
prolonged crisis. It is now clear that monetary union is a historic
failure, beyond repair-and certainly not in the interests of
Europe's working people. Building on the economic analysis of two
of Europe's leading thinkers, Heiner Flassbeck and Costas
Lapavitsas (a candidate standing for election on Syriza's list),
Against the Troika is the first book to propose a strategic
left-wing plan for how peripheral countries could exit the euro.
With a change in government in Greece, and looming political
transformations in countries such as Spain, this major intervention
lays out a radical, anti-capitalist programme at a critical
juncture for Europe. The final three chapters offer a detailed
postmortem of the Greek catastrophe, explain what can be learned
from it-and provide a possible alternative. Against the Troika is a
practical blueprint for real change in a continent wracked by
crisis and austerity.
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