If the past few weeks are to be anything other than another reason to be depressed, they might at least serve as the starting point for a Lexit: a Left able, finally, to relinquish the euro. By Frédéric Lordon; translated from the French by David Broder.
1. The euro radically precludes any possibility of progressive policies.
2. If there was still any need for proof of this, the criminal treatment inflicted on Greece across six months of brutalisation (re-baptised as ‘negotiation’) has shown that any initiative at ‘transforming the euro’ – the argument that ‘another euro is possible’ – is a chimera that can only lead to political impasse and despair, through a series of successive disillusionments.
3. To leave any political perspective of breaking with the euro and its institutions to the far Right (who, as it happens, would not do anything of the kind …) is a political error that will condemn the European Lefts to an indefinite impotence.
4. If we are not to continue yearning for what can never come – ‘another euro’ and the ‘social Europe’ that goes with it – the re-armament of the European Lefts must, then, necessarily proceed by way of imagining what comes after the euro.
These four propositions set the terms for the future prospects of the Left.