Robin Hahnel – A Syriza victory indeed threatens the suffocating grip of the European and global austerity regime

Summary: Robin Hahnel is Professor of Economics at Portland State University. He was a professor at American University for many years and traveled extensively advising on economic matters all over the world. He is best known for his work on participatory economics with Z Magazine editor Michael Albert. Greece will hold parliamentary elections on January 25 and Syriza, the left-wing party which has consistently called for debt restructuring and an end to austerity, is leading the polls. Latin Waves Host Sylvia Richardson speaks with Dr. Robin Hahnel to discuss what this may signal for the wave of dissent mounting against Neoliberalism in Europe. The IMF-European Commission-European Central Bank (Troika) is warning of the ‘threat’ of Syriza coming to power and have forcefully indicated their support for Greece's ruling coalition by conditioning further financial support on the re-election of a pliable government. A Syriza victory indeed threatens the suffocating grip of the European and global austerity regime, and for that reason should be welcomed and actively supported.