The new book by Nikos Bogiopoulos analyzes the nature and causes of the global financial crisis, and directs the debate to the value of building the socialist road of development.
“Before you can know what’s right, you need to know what’s a mistake,” John Kenneth Galbraith used to say. He might have added: “…and what’s a lie.”
In Greece today, N. Bogiopoulos notes, the proof of what is a mistake and what is a lie behooves one to consider one additional factor: because the country became a guinea pig in the hands of the perpetrators of the crisis, who appear as phony saviors of the Greek people.
After describing the functioning of capitalism, the author seeks to explain the reasons for the abysmal social inequalities prevailing on the planet. He examines the “Greek question”; and all that evidence that the Memorandum praetorians have banished from public debate are revealed: What is debt? Who created it, and how? How is debt terrorism exploited? What is intended by the Memoranda?
In the third part of the book, the book closes suggesting a solution. Because a solution does exist and as always progress is the realization of one utopia after another.
Certainly this utopian march forward of reconstruction and rebirth of Europe and the world isn’t easy. It is however a process infinitely easier, and considering the potential effectiveness from every aspect, manifestly realistic, unlike the dead-end street of the immeasurable, pointless and unbearable sacrifices incurred by the people and their place in society, in order for plutocrats and their rotten political system to come out winners.
Livanis, 2011, 473 pages