In this course we study, from the perspective of contemporary history, the interwoven aspects of the financial, economic, political and humanitarian crisis that broke out in Greece in 2010 and continues unabated to the present day. The course has no special prerequisites, beyond critical thought and the expected interest in politics, economics, and history.
First we examine its historical framework, and the riots of December 2008. We then focus on its ramifications and impact on Greek society, public life, and personal experience of the persons living in Greece.We study the local and international economic developments and political choices that led to the default of the Greek state, as well as its institutional repercussions in the European Union. Placing it in the context of current geopolitical struggles, we trace the factors that facilitated its development as well as those that hindered it, in comparative perspective with other countries on the periphery of the European Union. Focussing on institutions, political and financial groups, and persons that played significant roles in its unfolding, we highlight the political discourses developed in its context. Finally, we study critically the various theories that developed in order to explain and interprete the crisis.
On successfully completing this course, students will have learnt basic facts about the current crisis in Greece, its implications for European governance, and also the main theories pertaining to explain it. They will be able to analyse its parametres and trace its causes, its social, political, and economic consequences, and its possible outcomes. Also, to assess the role of political management by the Greek government and the EU institutions during the development of the crisis. Finally, to demystify racist stereotypes developed since the onset of the crisis against Greeks and other peoples in the European Union periphery.
Lesson I. The basic notions of our course. Debt, Financialisation, Expropriatory Accumulation. Left and Right. Ideology. Patriarchy. Capitalist mode of production and capitalist world system. Modern state and state system. Nationalism and national movements. Imperialism and colonialism. Racism and orientalism. Conservatism, liberalism, radicalism.
Lesson IΙ. Basic terms and facts: Economic and financial data. Financialisation. Greece and international organisations:, European Union, Eurozone, NATO.
Lesson IIΙ. Capitalist mode of production and capitalist world system in historical perspective. Crises that marked their history. Financial and Political Counter-Revolution in Europe, 1789-2020.
Lesson ΙV. Birth and development of the Greek state. Historical and geopolitical background. Greek politics and international tensions. Loans of the War of Independence, 1824-1825. Economic crises and state defaults in the nineteenth and twentieth centuries.
Lesson V. European Union and the Eurozone. Debt, euro, crisis.
Lesson VI. Greek Crisis and Eurozone governance. Conservatism, liberalism, radicalism. The Schacht Doctrine.
Lesson VΙΙ. Social and Political Factors and Consequences of the Economic Crisis in Greece. Left and Right in the Greek Metapolitefsi. Pasok and Syriza. Extreme Right and fascism.
Lesson VIII. The Debt Truth Committee of the Hellenic Parliament (2015).
Lesson IX. Rise of the oligarchs, and variants of the Extreme Right.
Lesson IX. Sovereignty, Geopolitical Dislocations, and International Aspects of the Greek Crisis. International interests and Influence in Greece: EU, USA, Russia, and China. OBOR.
Lesson X. Gendering the crisis.
Lesson XI. The dilapidation of the health system, and the present syndemic.
Lesson XΙΙ. Proposals and perspectives on exiting the crisis.
Lesson XΙΙΙ. Recapitulation
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