By Costas Lapavitsas

The clear winner of the recent Greek elections is Syriza, a coalition of leftwing organisations active for several years. The fascist Golden Dawn party has also made stunning gains but its rise, disturbing as it might be, is neither the main outcome of the elections, nor yet a major threat to Greek society. Political momentum belongs to Syriza. If it gets its act together, it could help resolve the crisis and give a boost to the European anti-austerity movement.

The two staple parties of Greek government – Pasok and New Democracy – have been trounced for bringing the country to this pass over four decades, and for implementing the bailout agreements. The Greek electorate has clearly stated what it does not want: old politics and the so-called rescue by the troika of the EU, the International Monetary Fund and the European Central Bank. Read the rest of this entry »