Costas Lapavitsasis a candidate standing for election on Syriza’s list. He is a Professor of Economics at the School of Oriental and African Studies, University of London. He is a member of Research on Money and Finance (RMF). He was the lead author of the RMF reports published by Verso as Crisis in the Eurozone. His previous publications include Social Foundations of Markets, Money and Credit and Political Economy of Money and Finance and Profiting Without Producing: How Finance Exploits Us All.
In this wide-ranging interview for The Press Project, economist and member of Popular Unity Costas Lapavitsas lays out a road-map for a Greek recovery. As he has long argued, a pre-requisite for this is a return to an exit from the eurozone and a return to a sovereign currency. However, this must be conducted within a broader strategy of socially just and sustainable economic recovery in the interests of the Greek popular classes.
Germany’s austerity policy is driving the EMU towards collapse, and will have devastated Greece long before that. A Greek exit from the euro would benefit all of Europe—and is gaining increasing support from the Greek people, writes Costas Lapavitsas for Le Monde diplomatique's July issue.
Heiner Flassbeck, 'Germany caused the crisis, Germany must solve it', July 7, 2015.
Flassbeck, former director of UNCTAD, says German economic policy put Greece into the crisis and progressive Germans must stop the irrational bleeding of the Greek people. Watch the original interview here.