The contradiction of capitalism is that growth just feeds those who are already wealthy. Instead Greece should regain the drachma and keep for-profits at bayGreece’s no vote has left everyone wondering what it all means. While the topline summary is that no won with 61.3% of the vote, this is perhaps not the landslide victory it has been hailed to be.For a start, there is confusion around what the referendum was actually about. Were Greek people voting to decide whether to stay in the Euro? Was it about saying no to more austerity? Or defending national pride and southern European culture? Talking to Greeks yesterday, you might have thought there were several referendums happening simultaneously – a perfect illustration of just how muddy the waters of the debt crisis are. Related: Growth is not the answer to inequality Related: A wave of disruption is sweeping in to challenge neoliberalism Related: Less material consumption is not the end for business Continue reading...
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