The Financial Times has allowed one of it’s former Public Enemies a space to offer some new ideas about a pressing issue. One is hardly surprised at the response of the readership of the FT! A concerted campaign of vilification has paid off, in the comments section of Mr. Varoufakis’ essay.
The Corporatist State is the future of the ‘West’: in America the passage of the TPA has ushered in the idea that ‘secret legislation’ is acceptable, without much dissent, by an completely corrupt/complaint political class, that repeats the Party Line on ‘Free Trade’ which is in essence Managed Trade. Large multi-National Corporations are now in charge of both our politics and economic life: and the Merkel/Schäuble alliance is the future of our collective idea and practice of politics. Which involves a surrender of sovereignty i.e. self-determination as constitutive of what republicanism once meant. What I find puzzling is Mr. Varoufakis’ faith in the idea of Europe as practiced by that Merkel/Schäuble duo.