@ChrisGiles (Financial Times) decided to have some fun by celebrating “The astonishing success of Eurozone bailouts”, using Greece as the poster girl/boy of that exercise in futility, the EU’s most spectacular failure. With such friendly scribblers, Europe has no need for sworn enemies! His evidence? That Greece, the basket case of the euro crisis, reported […]
The post My reply to Chris Giles celebration of the eurozone bailouts in the Financial Times appeared first on Yanis Varoufakis.
All too revealing of how the system works ... how the talented former chief of the FT, capitalism’s house journal, was in thrall to ‘movers and shakers’
Even a brilliant newspaper editor can undersell a good story on the front page. At the start of Lionel Barber’s account of the world from his perspective as editor of the Financial Times between 2005 and 2020, there is an extensive list of dramatis personae, almost all of them male. (“One day,” he writes later, “I will deal with the alpha male problem, but not today.”) The players are broken down into their categories: politics, business and finance, royalty, journalism and diplomacy. The heart sinks – if journalism sits so easily in such a cast list, how can it do its job of comforting the afflicted and afflicting the comfortable?