May 6, 2010
SOCIALIST RIOTS: Chaos Grips Greece.
UPDATE: Expropriate The Expropriators! “In Marxist theory, the Communist Party represented the interests of productive workers, the value of whose labor is expropriated by others. That was wrong, but at least it had a certain coherence. Greek Communists (and more generally, 21st century socialists) stand for something quite different: the ‘right’ to be supported by the labor of others (in the Greek case, Germans); the ‘right’ to be a sponge, forever; the ‘right’ to be an exploiter. It would be hard to think of a less attractive political program.” And yet it is generally regarded by “right-thinking” people as respectable. . . .
ANOTHER UPDATE: Megan McArdle: “So default doesn’t fix their problems, and a small but enthusiastic minority of the population apparently thinks violence prevents budget cuts. Where does that leave Greece?”