Even less discussed is the fact that the new SYRIZA government is not anti-reform. Indeed, it proposes to become the most reformist government the country has ever had …
The real contest isn’t over whether or not to reform. It’s over two contrasting reform agendas.
On the right hand, we have a radical neo-liberal capitalist agenda imposed on Greece by Europe’s dominant centre-right political class, whose interests were represented in Greece’s 2010 and 2012 bailout negotiations by the troika of International Monetary Fund, European Central Bank and European Commission.
On the left hand, we have a social-democratic reform agenda espoused by SYRIZA and a few other left-wing populist movements, like Podemos in Spain or Die Linke in Germany.
Much more is at stake in the negotiations with Greece than merely a bit of debt-payment rescheduling. What’s at stake is the future direction of Europe’s political economy.