How the Financiers use Quasi-Religious «morals» to Crush Democracy


Greece's Finance Minister, Yanis Varoufakis Greece’s Finance Minister, Yanis Varoufakis

By Creston Davis

The first time I hear about the Greek economic crisis was during a panel in which a few of my Rollins College colleagues and I were presenting our freshly published books.  One of the presenters was from the business school and after he heard my talk on radical democracy he stood up and said something like, «If we follow your ideas we’ll all end up where Greece is now.»  I was curious about his comment and quickly started researching what was happening in Greece.  My Neoliberal colleague’s comment targeted my stance on democracy from the moral ground of «free-market» enterprise.

The upshot being that we should all just face the reality that there is no alternative to the free-market.  But as research has shown, the reality is very different.  In fact Neoliberal ideology of «free market and minimal government interventions»  actually requires…

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