Greek Elections: Rentiers Happy

Karl FitzgeraldCommentary, Multimedia3 Comments

Renegade Economists Show 378

As broadcast on the 3CR airwaves 5.30 – 6pm Wednesdays.

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Show Notes

NY academic Yannis Tziligakis delivers a scathing inside analysis of the newly elected Syriza party in Greece and the economist MPs behind it (including poster boy Yanis Varoufakis) – on the inability to differentiate between land and capital.

 

Useful Idiots of Rentiers by Renegadeeconomists on Mixcloud

 

Related Links

The transcript to our last excellent show with Yannis- Greek Debt Tan (it has to be good to be translated)

Syriza Enfia populist critique
Goldman Sachs Greece
Matt Tiabbi, Thomas Hartmann on Greek, Goldman complexity
Monopoly Powers in Greece

On the difference between land and capital:
The condition of Labour, Capital and Land
The Corruption of Economics

In summary: Many of the neo-liberal policies will continue with the land bubble set to escalate unabated. Thus the same inter-generational pressures will persist, budgetary pressures to boot.

 

3 Comments on “Greek Elections: Rentiers Happy”

  1. So Varoufakis has been interviewed at least twice by the Henry George School of Social Science, is associated with Michael Hudson and we just have to swallow this fellow’s accusation that he knows nothing about Georgism? Prove it.

  2. The lack of any clear policy questioning privatisation & housing affordability pressures. Populism to remove Enfia but no push to replace it with a fairer property tax on the land value only. Time will tell. Surely the arguments Yannis Tsiligakis made re a leaky boat, of replicating past policies of a bloated public service and raising minimum wages (before detailing any great strategic direction for a low cost economy) contradict a holistic Georgist analysis?

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