This Week's Show •

Yanis Varoufakis’s Greek Tragedy

Before Brexit, of course, there was Grexit: the possibility, one year ago, that Greeks defying the will of E.U. bureaucrats bankers would fall right out of Europe. Yanis Varoufakis was the finance minister of Greece’s radical left government ...

Before Brexit, of course, there was Grexit: the possibility, one year ago, that Greeks defying the will of E.U. bureaucrats bankers would fall right out of Europe.

Yanis Varoufakis was the finance minister of Greece’s radical left government during that heady summer of 2015. He got famous first for his flair: open shirt, shaved head, and motorcycle jacket — but then really famous for playing chicken with his nations’ creditors in Brussels and Berlin.

His line was that Greece could not and should not be forced to take on huge new loans to pay off bad old ones as a price of staying in the European Union. “Fiscal waterboarding” he called it: periods of intense austerity that crippled the Greek economy in exchange for bailout money that went to big banks.

See Varoufakis and Tsipras in Paul Mason‘s film about the Greek crisis:

Greek voters loved him, but his prime minister, Alexis Tsipras, rolled over in the crunch. Varoufakis lost his battle and gave up his ministry, but the third phase of his fame had just begun — as the exceptional political figure who could articulate in principled defeat the brutal logic of finance for finance’s sake. He is more visible than ever in politics this summer as the leading figure of the pan-European democracy movement known as “DiEM 25.”

He’s at it in the US in book form, his title drawn from the inhuman code of Athens’ ancient warfare with Sparta: “the strong do what they want,” meaning today the banks and the rich; “and the weak suffer what they must.” On the cover of his book, he adds a question mark. In the book, Varoufakis argues that the fight for the glorious European project — England’s Brexit vote against union is part of it, he says — between the spirit of democracy and the power of wealth.

June 30, 2016

The Great British Break-Off

This week, we’re catching up on the split heard round the world. People laughed at Tory historian Niall Ferguson for warning that Brexit—Britain’s proposed exit from Europe—would be like his own divorce: a nasty and desolating affair that ...

This week, we’re catching up on the split heard round the world.

People laughed at Tory historian Niall Ferguson for warning that Brexit—Britain’s proposed exit from Europe—would be like his own divorce: a nasty and desolating affair that left him alone with his problems.map

And yet! A week since it’s happened—52% out, 48% in—what we’re watched does resemble the bitterest of family fractures. The adults are checked out: prime minister David Cameron abruptly resigned, while Jeremy Corbyn, his Labour adversary, is himself embattled. And few of the victorious “Leave” leaders seem prepared to step in and help the process along.

Sparkling London, with its skyscrapers and trillions of dollars of daily business, was a spot of deep “Remain” yellow on the popular map. But it has been indicted by the towns and villages, even Labour strongholds, that no longer recognize themselves in the capital. Scotland and even Northern Ireland—decidedly for remaining—are threatening to go their own way. Everywhere, racial and xenophobic rhetoric—directed at Poles and Pakistanis—is, painfully, on the rise.

Our guests—many of them intelligent, cosmopolitan Brits—had nothing but distaste for the “Leave” campaign led by Nigel Farage, with his Hitlerian posters, and Boris Johnson (he of the misleading megabus). But they’d disagree on the nature of the case for remaining in a European Union: how to sell it, or whether the U.K. should do it at all.

We thought the best thing to do would be to convene our favorite Brits and Anglophiles to discuss just where this came from—and what’s next.

July 8, 2015

Oxi Means… “Maybe”: The Vote in Greece

On Sunday, 62% of Greek votes, encouraged by their radical-left prime minister, Alexis Tsipras and his Syriza party, registered a desperation “no” vote to a swap of further fiscal tightening at home for debt relief from its ...

On Sunday, 62% of Greek votes, encouraged by their radical-left prime minister, Alexis Tsipras and his Syriza party, registered a desperation “no” vote to a swap of further fiscal tightening at home for debt relief from its European creditors. The night of the vote ended in celebrations in Athens’ central Syntagma Square.

But just before showtime on Thursday night, the story shifted with a jolt: after much posturing, Tsipras and the Greek delegation capitulated to many of their creditors’ demands in hopes of staying in the Euro. Syriza’s turn from defiance to compliance may leave the millions of “no” voters — part of what our guest Richard Parker calls a global “neglectorate” — feeling more discouraged than ever before. But it remains to be seen how the Greece situation will shake out.

Mark Blyth wasn’t so convinced that what looked like a final surrender of the radical left in Greece was anything more than one more kick of the can down the road of untenable austerity economics in Europe — one headed for a ‘breakdown’:

I think I recall looking at the BBC website yesterday and happening upon a link that said, “June 23: Greeks at final last stop.” And here we are again. So a proposal has been submitted, which seems to be a bit of capitulation, but it hasn’t been accepted yet. And there has to be the other side of that trade: are they going to get anything back? Because if not, we’re simply doing a rerun of where we were before we had the referendum. And if that’s the case, then there’s going to be a breakdown. We’ve had a situation where the European Central Bank has been squeezing the Greek banks to make sure that by Friday, everyone’s sufficiently freaked out to have them sign whatever they want. But that’s exactly the type of tactics that backfired and brought 61% of people out to vote no. So I’m far from convinced that we’re at the end of the road…

It’s very similar to the Scottish independence referendum. Let me tell you why. If you break this down, the really dramatic thing is the way the different age groups voted. So I saw a poll for Greece, 12 hours before they actually took the vote. 71% of people under 35 were going to vote no. So all the older people are gonna vote yes. The exact same thing happened when they took the Scottish referendum — why? If you’re old, and you’ve got a lot of assets, you don’t want uncertainty over those assets. You don’t want your nice Euro-denominated house to suddenly be new drachmas. If, however, you’ve been through hell and back over the past five years — you’re asset-negative, you’re up to your eyes in debt, and you’re unemployed — asset uncertainty is somebody else’s problem. I’m going to vote no. You have this generational split on top of lots of different asset splits, and that’s the way this worked out.

We do know that those young Greeks are the ones want out of an economic dive as long and painful as our Great Depression. Watch the six-year change in unemployment: in America, 1929 to 1934, versus Greece, 2009 – 2015.

Screenshot 2015-07-08 15.30.37

In March 1933, four years into the Depression, Franklin Roosevelt signed the first unemployment relief legislation through “useful public work.” No such luck in Greece: in the poorest Athenian neighborhoods, joblessness has topped 60% this year, and last year at least 1 in 10 Greek children was suffering food insecurity. Hundreds of thousands of well-educated Greeks have left the country, and the future seems to hold only more misery.

Our guest Mark Blyth declared in January that we’re watching the all-but-Homeric battle of austerity and democracy on the southern edge of the Eurozone, where deep budget cuts have become the only possible solution to economic shock. Blyth and our guest, the translator and Europe-watcher Arthur Goldhammer, are concerned about the blowback of EU overreach — not on the left but on the right:

For those who fear Syriza and its left-wing counterparts, it is worth looking at the alternatives on the radical right. From Britain to Hungary, political parties—whose ideology spans the spectrum from the explicitly Nazi (the Golden Dawn in Greece) to the nationalist–populist (the United Kingdom Independence Party and the French National Front)—are busy working to channel public anger in a different direction. Harkening back to Europe’s darkest days, they translate negotiable conflicts over economic policy into non-negotiable conflicts over ethnic identity. They attack European integration even more than the left-wing parties, question the democratic rights of existing citizens, and fan the flames of xenophobia toward ethnic minorities and immigrants. If Europe’s ruling elites want to save the European project, and the Euro at the heart of it, they need to start actively engaging with democratic left-wing parties such as Syriza and Podemos rather than shunning them. If they don’t, they will drive some of these parties into volatile left–right alliances, or, if they fail in their mandates, leave the stage open to political forces whose goals will be far more radical than mere debt restructuring and opposition to austerity.

And Richard Parker— a sage of politics at home and abroad, who once advised George Papandreou and his PASOK party — offers a diagnosis of global democracy: big, bruising institutions, public and private, have created an international “neglectorate” that’s mad as hell and in resistance. Parker hears that voice in on the left and the right, in the Greek no! and the Irish yes! to same-sex marriage, and in the rise of political outsiders sounding the alarm here in America — from Bernie Sanders and Elizabeth Warren to Ted Cruz and Rand Paul.

The last piece of tape we have to Ingrid Rowland, an American art historian based in Rome and a prolific contributor to The New York Review of Books. She told us of a striking performance of Aeschylus’ early drama, The Suppliants, in the ancient Greek theater at Syracuse in Sicily. It seemed to speak to every corner of the European questions at issue: migration, debt, welcome and power. Here’s a trailer for that play:

Tell us: what do you make of the Greek decision to vote “no”? Were you surprised at the decision to sign on to the austerity package after all? what’s up ahead for embattled Europe? Do you feel neglected, and what referendum would you have us all vote yes/no on: bank bailouts, fossil fuels, drones, etc.? 

sgtest

Podcast • March 28, 2012

Mark Blyth (8): How Germany gets to eat our lunch

Click to listen to Chris’ conversation with Mark Blyth (32 min, 15 meg) Mark Blyth is back in the pub, just in time, with the economic script for 2012. You remember the Sean Connery version ...

Click to listen to Chris’ conversation with Mark Blyth (32 min, 15 meg)

Mark Blyth is back in the pub, just in time, with the economic script for 2012. You remember the Sean Connery version of a trans-Atlantic political economist at Brown? As usual, he’s talking faster through that Glasgow brogue than I can listen or think. But when I transcribe him, I begin to get his big picture: of Europe still strangling itself with debt born of Euro-nomics, while Germany (despite everything) takes care of industrial business. The US, meanwhile, looks to be tip-toeing away from financial meltdown but neglecting its old productive core.

Nobody’s noticed this. Two years ago the Germans decided they were phasing out nuclear power, completely. Nuclear power is around 20 percent of their electricity generating capacity. If you spend any time in Germany in the winter, you will know one thing: it faces Russia, and it’s cold. This is not something you screw around with. So what are these guys going to do? Well, when you think about Germany, you think about — apart from austerity and madness in the Eurozone — you think of really good engineers, right? You think about people that still have serious apprenticeships, serious skills, an entire engineering culture… (I’m sure I’m talking into a German microphone; that means it isn’t going to break.) The point is: what they’ve basically decided to do is go all-out into alternative energy. They’re going to put about 300-billion Euros into it just to get started over the next ten years. They’re bringing together all the top guys and top firms in collaborative research. They’re not competing; they’re trying to develop the best technologies — wind, solar, everything. Why? Because they know something we’re in denial about. Oil is running out. That’s a fact. The planet’s warming up. That’s a fact. You can call it Climate Change Chicanery if you want; but you’re not paying attention. The Germans don’t believe any of that stuff, and they know we’ve got one shot, and one shot only. Whoever figures out how to make sustainable green tech in the next 30 years gets to sell it to everybody else for the next 1000. That’s what they’ve figured out. What are we doing? We’re shutting down our engineering. We’re hollowing out our skills. We’re closing down our options. The Germans are going to have our lunch. The Chinese will be in for the appetizers, but the Germans are going to take the main.

On the Occupy movement which Mark Blyth says could be back any minute because the streams of discontent are o’errunning their banks — sky-high college costs and 20-percent youth unemployment feeding the flood: You heard it here first that it wasn’t the scruffy kids who started Occupy. It was their parents.

A lot of this is an inter-generational problem. My colleague Sven Steinmo — a Norwegian-American who teaches now in Florence — finds himself telling his kids when they ask what he wants for Christmas or his birthday: ‘I want nothing! I have everything! My generation has absolutely everything.’ He came of age in the 1960s when it was perfectly possible to go to Berkeley for $400, and he did. And then grad school, and then a job in a higher-ed system that was expanding. And then he lived through the 1980s and 90s when investments were booming. And now he’s the guy who’s coming up for a pension, and he’s got two houses and lives in Italy. And all the people coming after him, including his kids between them, can’t afford a mortgage. So there’s an interesting problem. The people who vote in the US, and the people the politicians pander to, tend to be old, and gray. They have the money. They have the pensions. They have it all, and they’re not giving it up for anyone. So you have an inter-generational conflict that hasn’t yet spoken its name. Maybe that’s the way Occupy comes back.

Mark Blyth with Chris Lydon in Boston, March 26, 2012

Hang in for the Blyth case — listen three times if you must, as I do — that there’s no plausible alternative out there to an “American-dominated global order.” It has everything to do with the point that China’s assets are still, in the end, our paper.

Podcast • June 23, 2009

Alfred Gusenbauer: Euro-Socialism in America

Maybe Newt Gingrich is right — that Americans are getting used to something like European Socialism in this Bush-to-Obama bankruptcy and bailout era. Click to listen to Chris’s conversation with Alfred Gusenbauer. (38 minutes, 17 ...

Maybe Newt Gingrich is right — that Americans are getting used to something like European Socialism in this Bush-to-Obama bankruptcy and bailout era.

Click to listen to Chris’s conversation with Alfred Gusenbauer. (38 minutes, 17 mb mp3)

Alfred Gusenbauer: desperate? serious?

Alfred Gusenbauer seems to think so. Austria’s hearty 49-year-old former chancellor, who may be typical of the left-of-center professionals in European politics, likes everything he sees on his American sojourn, starting with the Obama stimulus package, the borrowed budget, and the push for big public investments in health, education and green technology: “What the US government is doing now compared with all the others in Europe is the best one could do,” he says in conversation.

Europeans may be cushioned by a stronger social safety net, but Gusenbauer is struck by a sort of “optimism net” in America. We are blessed, at last, with “a government in which the people trust.” Habitually, perhaps, self-reliant Americans tend to look confidently to their families and their own initiatives, he remarks. Americans take six months or a year to believe that their sinking economy is in serious trouble. Europeans will take six months or a year to believe the good news, if a recovery ever comes.

Gusenberg, visiting at the Watson Insitute, leads our conversation with a quip — German Chancellor Angela Merkel‘s joke about the difference between Communism and Capitalism. “In Communism, first they are going to nationalize everything, and then destroy it. In Capitalism, it’s the other way round.”

Germans and Austrians, proverbially, take different views of a crisis like this world economic shutdown: in Berlin the situation is supposed to look “serious but not desperate;” in Vienna, rather, “desperate but not serious.” The Gusenbauer view, in our non-technical ramble, is that what’s deeply serious in the crisis is the economics of it — the stark imbalances (East and West and within every society) of production and consumption, savings and debt, health and hunger. What could be desperate is the social rancor and far-out politics fermenting even in Europe among people feeling abandoned — among workers who’ll never work again, among young people who don’t believe Europe’s “paradigm of progress,” and among politicians who will put the European project at risk to save their national bacon.

We are just at the beginning of real consequences for real people. I see two vulnerable groups: Those that are older than 50. Most of the old jobs and the old qualifications are gone. The huge danger is that people over 50 losing their jobs right now won’t be able to enter the market again… The second group is the youngsters, because with this enormous increase of unemployment that we are facing right now, all those that are leaving nowadays universities, grammar schools, technical education schemes, they will enter the labor market and find closed doors. And we cannot predict what this might mean for their social and political behavior… In Greece last year, among university students… this went quite far in terms of public violence and in terms of challenging the state authority. So nobody can predict right now which social and political effects a longer duration of the crisis might have upon different groups. This will be the real challenge for European democracy and for the European welfare state, to hold the social fabric together in times when it is fundamentally challenged…

An Austrian Socialist makes a model of development and redistribution and social justice in the near neighborhood of South-Eastern Europe — the West Balkan states of Serbia, Croatia, Slovenia, Bosnia-Herzegovina, Macedonia, Kosovo, Bulgaria and Rumania — whose GDP altogether is smaller than Austria’s today:

Within Europe, I think it’s very clear; our hope is in the East, because from there the demand will come, from there the energy will come, from there the dynamics for the future economic development will come. And we are free to decide, are we going to support such a development, with a clear redistribution of resources that we have in Europe going to the East? … Our problem is that we are losing our markets. If we are not selling cars you are going to lose your job, so we have to sell our cars. We need people that are ready to buy our cars. Where are the best, most regulated, based on rule-of-law markets in our vicinity? It’s the new member states of the European Union. And therefore I tell you, it’s much better to spend one Euro in Romania than to spend a Euro in Austria, because a Euro spent in Austria will directly go into the saving rate, not in an increase in the sales of cars.

Alfred Gusenbauer in conversation with Chris Lydon, Providence, June 11, 2009.

Podcast • January 19, 2008

Backstage with Henry V

King Henry V: Once more unto the breach, dear friends, once more… … when the blast of war blows in our ears, Then imitate the action of the tiger; Stiffen the sinews, summon up the ...

King Henry V:

Once more unto the breach, dear friends, once more…

… when the blast of war blows in our ears,

Then imitate the action of the tiger;

Stiffen the sinews, summon up the blood,

Disguise fair nature with hard-favour’d rage…

… The game’s afoot:

Follow your spirit, and upon this charge

Cry ‘God for Harry, England, and Saint George!’

Laurence Olivier (1944)

Boy, in Henry’s army:

Would I were in an alehouse in London, I would give all my fame for a pot of ale, and safety.

Pistol:

The King’s a bawcock, and a heart of gold, a lad of life, an imp of fame, of parents good, of fist most valiant: I kiss his dirty shoe, and from heartstring I love the lovely bully.

In order: Sovereign, “grunt” and rowdy commoner on the eve of battle, Acts 3 and 4 of Henry the Fifth

Click to listen to Chris’s conversation with Coppelia Kahn, Normi Noel and Seth Powers here (44 minutes, 20 mb mp3)

Henry the Fifth remains, for many, the familiar favorite among Shakespeare plays. For Lydon kids, it began with my father’s doctrine that Laurence Olivier’s Henry V was the best movie ever made — though we all came to see the sinew-stiffening World War 2 propaganda dimension of the piece, which Winston Churchill had cleansed, for example, of the mass slaugher of French prisoners in Shakespeare’s account. Those magic lines of Henry’s — “We few, we happy few, we band of brothers” to his warriors, and his love banter with the French princess Katherine — “take a soldier; take a King” — summon the blood and melt the heart long after we realize that this warlike Harry was bluffing his way through an aggressive and unpopular war of choice, egged on by a corrupt church establishment.

Kenneth Branagh challenged the Everest of Shakespearean movie-making, and got credit for taking the peak, in 1989. Branagh’s battle scenes were hellish, and his Henry was a thug in scenes that Olivier had cut:

Kenneth Branagh (1989)

King Henry:

The gates of mercy shall be all shut up,

And the flesh’d soldier, rough and hard of heart,

In liberty of bloody hand shall range

With conscience wide as hell, mowing like grass

Your fresh-fair virgins and your flowering infants.

Henry’s ultimatum to the town fathers of Harfleur, in Act 3, Scene 1 in Henry the Fifth

Come now the merry and inventive players of the treasured Actors Shakespeare Project in Boston. Their Henry V is five actors in a garage basement, directed by Normi Noel of Shakespeare & Company in the Berkshires, raising profound old riddles anew, in a production worthy of the ASP standard we’ve celebrated before in King Lear and Titus Andronicus.

Just war? Are you kidding? Be reminded that this dramatic site of arguably the greatest, most quotable war speeches in the language is also a mine of anti-war eloquence, not least by Michael Williams, a soldier:

Williams:

But if the cause be not good, the king himself hath a heavy reckoning to make, when all those legs and arms and heads, chopped off in battle, shall join together at the latter day and cry all ‘We died at such a place;’ some swearing, some crying for a surgeon, some upon their wives left poor behind them, some upon the debts they owe, some upon their children rawly left. I am afeard there are few die well that die in a battle; for how can they charitably dispose of any thing, when blood is their argument? Now, if these men do not die well, it will be a black matter for the king that led them to it; whom to disobey were against all proportion of subjection.

Soldier-talk, overheard by the king on the eve of Agincourt in Act 4, Scene 1, Henry the Fifth

We will have a conversation any day now with Coppelia Kahn, the Shakespeare scholar at Brown, and with principals in this ASP production: the actor playing Henry, Seth Powers, and the director Normi Noel, who remarked to me today: “Hamlet is a cake-walk after this guy.” In the program notes she raises a fascinating question about one of the most famous lines in the play, spoken in connection with the approaching death of Henry’s cast-off roistering mate, Falstaff: “The king has killed his heart.”

Is it Falstaff’s heart that Henry has killed in becoming a king? Or his own? Might the core of the play be, as Normi Noel suspects, about “what we do to armor the heart against feeling?”

But first I put it to the Open Source crowd: What is Shakespeare saying through Henry the Fifth about honor and heroism, about the earning of kingship and manhood, about nationhood and war, about chivalry and tragic irony? Help me out, please. Are not the questions wide open?