Costas Lapavitsas

Costas Lapavitsas is 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.


  • Why They Left

    This piece appeared first in Jacobin.

    Ed Everett / Flickr

    The Leave victory in the British referendum represents a moment of political confusion — a hiatus in the opposition between social classes. No class appears capable of directing events. The ruling class has no clear plans for the future, and seems temporarily stunned.

    The working class and the poor have expressed great anger at the state of affairs of both society and nation, but are also deeply divided, with contradictory ideas prevailing in their midst. The formless middle class is deeply frustrated at the turn of events and would like a firm hand at the tiller, but has no idea how to achieve this outcome.

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  • Costas Lapavitsas: The Left Needs to Develop an Alternative Plan for Europe

    On Friday, Costas Lapavitsas spoke with Gregory Wilpert of The Real News about Brexit, touching on the vote and the implications of the result within Britain and elsewhere in the EU, including Greece. 

    LAPAVITSAS: Brexit puts the future of the EU on the table. No question at all about it. This is a historic moment. It puts the question of the EU on the table. And we must start with the understanding that the EU has failed. And it has failed for a variety of reasons, democracy being one of them, economic policies being another, and of course the madness of the common currency, which doesn't apply to Britain, thankfully, but it applies elsewhere. The EU has failed.

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  • Rescuing Greece: Costas Lapavitsas on euro-exit and economic recovery

    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. 

    Many of the themes in this interview were developed by Lapavitsas and Heiner Flassbeck in Against the Troika: Crisis and Austerity in the Eurozoneavailable through the Verso website with a 30% discount and free shipping. 

    Read other blog pieces by Lapavitsas here