Will the financial plan to help Greece work?

[RSS News]

All 16 eurozone countries have backed a deal to help Greece. Is it the right strategy?

(Feed provided by BBC News | Have your Say (http://news.bbc.co.uk/go/rss/-/2/hi/talking_point/default.stm))

[Red Commissar]

The IMF and EU plans are brnging Greek in line with the Eurozone and is enforcing itself upon itself. The workers have already shown they GREATLY disapprove of these measures but it will be placed upon them squarely rather than the industrialists who caused the mess, because of the interests France and Germany have in keeping the Eurozone strong for foreign markets.

[vyborg]

Do you know why the save Greece? Because big european banks have a mountain of greek public debt...they use the money of european workers to bail out european banks...not Greece....they are disgustingly hypocrit as always

[RadioRaheem84]

Do pretty much the same crap that happened here in the States is happening in the Euro zone?

[zimmerwald1915]

One of the respondents to that question summed up the dilemma perfectly from the bourgeois point of view: "Unless Greece sorts out its public finances, this sticky plaster solution will mean nothing."

This "help" that is being offered by the IMF and the Eurozone is meant to force Greece to adopt an austerity budget. This necessarily entails cutting the public sector payroll and slashing the salaries of those few workers who stay on it. Not to mention the cuts in social spending that will accompany the cuts to the public payroll. The salvation of the Greek state's budget means an attack on the Greek working class, and the Greek working class, as has been mentioned here, knows it and has said so quite loudly.

[Das war einmal]

Of course it's not helping, when did the IMF ever 'help' a country get forward? The domestic integrity is gone once you accept help from the IMF

[Raightning]

It doesn't help, even in the context of the capitalist system, because putting yourself under the influence of the IMF will always mean you pursue what they want for a few years - which means the Greek people suffer (and it will always mean this when the IMF is involved). The only people who might get some benefit out of it are the ruling class, because now they have legitimisation for doing whatever bloody oppression they want in the holy name of neo-liberalism.

[zimmerwald1915]

Of course it's not helping, when did the IMF ever 'help' a country get forward? The domestic integrity is gone once you accept help from the IMF
Not that "domestic integrity" is possible in the capitalist system or desirable even if it were...

[Das war einmal]

Not that "domestic integrity" is possible in the capitalist system or desirable even if it were...

Right to self-determination is not desirable? It's better than the IMF deciding the domestic politics thats for damn sure. It annihilates every trace of democracy.

[zimmerwald1915]

Right to self-determination is not desirable? It's better than the IMF deciding the domestic politics thats for damn sure. It annihilates every trace of democracy.
There is no choice between the IMF and the Greek state, and the dichotomy between the "IMF deciding domistic politics" and the Greek bourgeoisie deciding domestic politics is a false one. In reality, of course, there can be no such thing as national independence from the capitalist system. This system is worldwide, and will continue to exist until it is overthrown everywhere. The Greek state would be powerless to resist it even if it were not wholly a creature of the bourgeoisie and even if its agents weren't in the process of pulping Greek workers' faces with boots.