Weekend Economists Putin on the Ritz March 28-30, 2014

[Demeter]

33. Greece ready to be transformed into a 1973 Chile

http://failedevolution.blogspot.gr/2014/03/greece-ready-to-be-transformed-into.html



Another omnibus bill will be passed tomorrow by the Greek parliament as imposed by the Troika lenders to remove the last barriers against multinational cartels. Despite the intense objections by some government MPs and the Opposition, the government is expected to pass the bill by all means, even with a tenuous majority, as also some Golden Dawn MPs are now in prison and have no right to vote.

Democracy and parliamentary processes in Greece are conducted through blackmail terms, as Troika blackmails government and government blackmails its own MPs to vote every neoliberal IMF-type policy that the Troika dictates. Troika also impose huge omnibus bills every time, just before the next lending package to Greece in order to force government MPs to vote for a numerous matters without the necessary time to examine each matter separately. The latest bill contains also some changes that are in favor of the private banking sector who will gain more at the expense of the Greek Public. The government, however, already starts counting further losses, as Maximos Charakopoulos, Deputy Minister of Rural Development and Food, one of the first government officials who expressed intense objections against the "fresh milk" case, resigned today.

As Greece's economy is based mainly on small-medium businesses in every sector, especially agriculture, the bill aims to eliminate the last small-medium businesses and open the domination of a few multinational corporations. The last pretexts and hypocrisy of the government are totally revealed as many governmental executives were claiming all this time that they will act to reinforce small-medium businesses and create new jobs. They now claim that the prices will fall in many goods due to competition and that new jobs will be created, but the truth is that the exact opposite will happen, as the few multinationals will build monopoly cartels, as happened in Chile under the "Chicago Boys" advice, and hire only a few people with salaries of 400 euros or less.

The last barrier will be to destroy the minimum wage limit and impose such levels of salaries. Under such conditions, someone in Greece will marginally be able to survive in the next years.

But Greece is not the issue here, of course. The global neoliberal dictatorship will try to transform the whole Europe into a 1973 Chile.