‘We Are Going to Destroy the Greek Oligarchy System’

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Yanis Varoufakis is tipped to become finance minister of what may become Greece’s leading party after legislative elections Sunday. He tells Britain’s Channel 4 what Syriza will do if it takes power.

Channel 4 economics editor Paul Mason asks Varoufakis, who teaches economics at the University of Athens, “what will you do to [Greece’s] oligarchy, concretely?”

Varoufakis responds, “We are going to destroy the basis upon which they have built, for decade after decade, a system, a network that viciously sucks of the energy and economic power from everybody else in society.”

When Mason notes Varoufakis knows what happened the “last time somebody tried to take power from the Greek oligarchy,” Varoufakis replies that “the good fight has to be fought independently of costs.”

— Posted by Alexander Reed Kelly.