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At Jacobin magazine, Perry Anderson, editor of the New Left Review and a towering figure in modern-day Marxism, weighs in on the situation in Greece. Here’s an excerpt:
What of the larger logic of the crisis? As all opinion polls show, attachment to the EU has declined steeply over the past decade, everywhere and for good reason. It is now widely seen for what it has become: an oligarchic structure, riddled with corruption, built on a denial of any sort of popular sovereignty, enforcing a bitter economic regime of privilege for the few and duress for the many.
But that does not mean it faces any mortal danger from below. Anger is growing in the population. But fear still greatly outweighs it. In conditions of increasing insecurity, but short of catastrophe, the first instinct will always be to cling to what exists, however repellent, rather than to risk what might be radically different. That will change only if, and when, anger is greater than fear. For the moment, those who live on fear — the political class Tsipras and his colleagues now join — are safe.
Image: An anti-austerity rally in Greece. Via Jacobin.