Bernie Sanders Explains Why You Should Care About What’s Happening to Greece

Bernie Sanders Explains Why You Should Care About What’s Happening to Greece

Bernie Sanders Explains Why You Should Care About What’s Happening to Greece

He really does sound like a socialist, doesn’t he?

Copy Link
Facebook
X (Twitter)
Bluesky
Pocket
Email

It’s not that Senator Bernie Sanders doesn’t already have a full plate of campaign appearances. He keeps upping the ante with big ideas for fundamental reforms and is stirring the vital juices of left-liberal Democrats. But Bernie dropped off the campaign schedule on Thursday to reach out to the people of Greece. Far as I know, Greeks don’t get to vote in US primaries, but never mind. Bernie wanted to address their sorrows.

“I am expressing solidarity with the people of Greece in a time of cruel and counter-productive policies,” he declared at conference he arranged on Capitol Hill. Sanders called it a full-blown “humanitarian crisis” that other nations, including America, must not ignore; 26 percent unemployment, 30 percent in poverty, 50-60 percent of young people without jobs. Yet the financial masters of Europe (the bankers who lent Greece all the money in the first place) are imposing a new round of crippling austerity—deeper suffering—in effort to get their money back.

Why should we care? Bernie explained. “The people of Greece are being told their voices are not being heard,” he said. “Their misery does not matter. That democracy itself does not matter.” The Greek predicament endangers all of us, he warned. What the Germans and allied creditor nations are doing to Greece has a chilling similarity to what the American, British and French victors imposed on defeated Germany after World War I—the punishing burden of debts impossible to repay. That financial vengeance ultimately deranged the German populace and led to Adolph Hitler.

“What many people do not know about Greece today is that the party that came in third in recent elections is called Golden Dawn,” Sanders warned. “Some people call it the neo-Nazi party, but other people say there is nothing ‘neo’ about it.”

“In my view, we should learn from history. We should understand that when democracy fails and people cannot get what they voted for because of outside forces it leads to contempt for democracy and people vote for parties like Golden Dawn.”

For those familiar with the senator’s long political career, expressing solidarity with suffering Greeks while teaching a little history is pure Bernie. Political reporters are typically confused by his socialist identity and they either joke about this weird, rumpled lefty running for president or try to expose alleged contradictions. Did you know the NRA supported Bernie’s first race for Congress? Well, yes, Bernie represents Vermont. In Vermont, hunters not owning a gun is like homeowners not owning a snow shovel.

Here’s the secret of Bernie’s politics. He is relentlessly, stubbornly substantive—grounded in the guts and mechanics of governing. He is not given to cheap rhetoric or sleazy hits on opponents. In the House, he was admired for his ability to build left-right coalitions on issues that really were not ideological. In the Senate, he and John McCain wrote the VA reform legislation. Lots of members of Congress, left and right, have similar qualities but they don’t get great press because most political reporters think politics is only about elections, government is boing. 

To reinforce his alarm about the Greek crisis, Bernie brought two liberal stars of American economics—Joseph Stiglitz of Columbia and Jamie Galbraith of University Texas (yes, the son of John Kenneth) to explain the inside baseball of the Eurozone and the ominous implications. To provide a balanced debate for the mostly young audience, Bernie’s panel also included an orthodox economist (Jacob Kirkegaard) from the Peterson Institute for International Economics.

As he often does, Sanders took the subject to a higher plane. It is not just Greece’s problem, Bernie explained, and not just Europe’s. The global economy is now burdened with an international financial system that allows or encourages reckless actors to exploit weaker nations and redistribute wealth and income to the top. Bernie offered no details but he wants fundamental reform of the International Monetary Fund and World Bank, a new Bretton Woods agreement that would end the unregulated flows of international capital that are so destabilizing. 

“The system is rigged for the wealthy,” Sanders said. “The 85 richest people in the world own more wealth than the bottom half of the people. I hope this conference will start a serious discussion of about how to change the international financial rules to expand economic opportunity and reduce income inequality and poverty. The global economy has simply failed when so few have so much and so many have so little.”

He does sound like a socialist, doesn’t he?

Support The Nation’s June Fundraising Campaign

With the midterm elections now firmly upon us, the question is whether Democratic candidates will do more than merely occupy ballot lines as mild alternatives to the red-hot crisis that is Donald Trump.

As Trump spends over $1 billion a day on a globally destabilizing war on Iran and admits that he doesn’t “think about Americans’ financial situation,” millions across the country are struggling with the surging costs of essentials. Democrats must seize this moment and advance bold, small-“d” populist ideas—not settle for cynical caution that once again snatches defeat from the jaws of victory.

The Nation elevates progressive ideas, movements, and elected officials achieving real change across the country into the national conversation. At the same time, our journalists are exposing how crypto and AI-funded super PACs are spending hundreds of millions of dollars to knock out candidates they oppose, reporting on the devastating impact of the Supreme Court’s evisceration of the Voting Rights Act, and sounding the alarm on attempts by red states to quickly redraw electoral maps, disenfranchising Southern Black voters.

We can play this critical role because of support from readers like you. This June, we’re raising $20,000 to power The Nation’s independent journalism in the run-up to November’s immensely consequential elections.

It’s in our power to build a more just society, and your support at this critical moment brings us closer to that bold vision. I hope you’ll donate today.

Onward,

Katrina vanden Huevel
Editor and Publisher, The Nation

Ad Policy
x