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Tuesday, August 21, 2012

Greek Professor Disparages Newly Elected Government

The play is the thing/Wherein I’ll catch the conscience of the King Hamlet

By Con George-Kotzabasis
A brief ‘playful’ reply to Professor Varoufakis’s post on his blog of the 18thof July followed by his guilt-ridden counter-reply.

Why are you associating, even thinly, this‘ponzi’ scheme that was consummated between May 2009 and January 2011 with the newly elected tri-partite government of Antonis Samaras? Why are you‘carpingly’ searching to find faults in the present government and crave to be the Italian submarine commanderto torpedo and sink the Elli (in the 1930’s an Italian U-boat sunk the Greek cruiser Elli in the harbour of Tinos), the Samaras’ government, in the midst of its Herculean and admirable efforts just began to salvage Greece from its present tragic predicament? Is it because all you are concerned with is that with the failure of government you will be able to illustriously tell your friend Yannis Stournaras (the present Finance Minister), I told you so!

ProfessorVaroufakis says,

When a scandal surfaces it is the government and justices of the day that have a duty and obligation to investigate. Mr Samaras and his cabinet have a golden opportunity to confirm your trust and hope in them. Will they take it?

Sunday, August 05, 2012

Achievements of Capitalism not Span on the Rolling Dice of a Casino

By Con George-Kotzabasis

I have not read Joseph Stiglitz’s book. But I assume from your short description of it, that he is not contending that capitalism did not raise the standard of living of the masses during its long development nor that it needs poverty to flourish. All my comments, including the one you refer to address specifically these two points and not to the ‘casino’ “financial capitalists,” that Professor Stiglitz speaks of, which were mainly responsible, alongside government dirigisme, for the meltdown. But you are grossly remiss in ‘cheering’ Stiglitz: the achievements of capitalism were not span on the rolling dice of a casino.