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The Tragedy of Greece: A Case against Neoliberal Economics, the Domestic Political Elite, and the EU/IMF Duo

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  • C. J. Polychroniou

Abstract

The crisis in Greece reflects the deep structural problems of the country's economy, its bureaucratic inefficiency, and a pervasive culture of corruption. But it also reflects the deadly failure of the neoliberal project, which has become institutionalized throughout the European Union's operational framework-with the International Monetary Fund the world's single most powerful enforcer of market fundamentalism.

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  • C. J. Polychroniou, 2013. "The Tragedy of Greece: A Case against Neoliberal Economics, the Domestic Political Elite, and the EU/IMF Duo," Economics Policy Note Archive 13-01, Levy Economics Institute.
    • Handle: RePEc:lev:levypn:13-01
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    References listed on IDEAS

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    1. Hayek, F. A., 2012. "Hayek on Hayek," University of Chicago Press Economics Books, University of Chicago Press, edition 1, number 9780226321202 edited by Kresge, Stephen & Wenar, Leif, January.
    2. Dimitri B. Papadimitriou & L. Randall Wray, 2012. "Euroland's Original Sin," Economics Policy Note Archive 12-08, Levy Economics Institute.
    3. Daniel Stedman Jones, 2012. "Masters of the Universe: Hayek, Friedman, and the Birth of Neoliberal Politics," Economics Books, Princeton University Press, edition 1, number 9827.
    4. E. Paul Durrenberger, 2012. "Labour," Chapters, in: James G. Carrier (ed.), A Handbook of Economic Anthropology, Second Edition, chapter 8, Edward Elgar Publishing.
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    Cited by:

    1. Mavroudeas, Stavros D., 2015. "The Greek saga: competing explanations of the Greek crisis," Economics Discussion Papers 2015-1, School of Economics, Kingston University London.

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