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The surrender of our government in the summer of 2015
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caused a wave of discontent
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and depression, psychological depression,
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not just in Greece, but outside of Greece too.
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So many people in Spain, in Britain, in Germany
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had been inspired by the possibility that the people
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of a tiny nation could say "no" to the imposition
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of misanthropic policies by the creditors —
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the great institutions of capitalism.
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That hope died that summer.
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But of course, nothing really dies.
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It just needs to be revived.
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The question is how do you revive it?
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After my resignation, I was receiving a lot of
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pressure from colleagues, from members of
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Parliament, here in Greece, to start a new party.
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It was impossible for me to do it, psychologically.
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The thought of it made me lose the will to live.
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I needed to regroup, even within myself.
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I had to rethink everything from scratch.
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End of 2015, I found myself in Berlin
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with a Croat philosopher who's become an excellent friend
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of mine, Srećko Horvat.
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And we went to have a coffee in a cafeteria
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and he asked me, he said, "So, what are you going to do next?"
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And I said, "I think a democratic pan-European movement is
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what I would like to work on."
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He said, "I agree. We have to do it."
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I said, "Okay, yeah, but
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we are two idiots having coffee in a cafeteria in Berlin.
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How do we proceed from here?"
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He said, "We're going to do it. I've got to go now."
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So, we parted ways.
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Next morning, he calls me. He says, "I booked the Volksbühne
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for the 9th of February, 2016."
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That was four or five months later. "You better prepare.
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We better prepare." So, I thought, "What? This guy's mad.
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We, the two of us, are going
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to start a pan-European democratic movement?"
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And then the idea started growing on me.
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So, I started sending emails left, right
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and centre, coming up with drafts of the manifesto,
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thinking of the name of the movement,
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and we decided to call this movement: the Democracy in Europe
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Movement: DiEM25.
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The old fashioned system
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of creating a political party in the context
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of the nation-state, making promises
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that you cannot fulfil once you're in power,
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if you ever gain government, that system is finished.
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I have watched mighty finance ministers, including
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this country's, being reduced to a state
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of helplessness in the context
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of the European Union Council, in the context
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of the Eurogroup.
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So, if we are right that another political party,
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another organisation in the context
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of the nation-states, is the wrong way to go,
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what is the only alternative?
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The only alternative is to
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try something we've never tried before.
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Okay, can we bring the people there?
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Okay, guys, the rest of you, you wait here.
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Sebastian will come here and he will bring you to
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the other side of the stage. He's here?
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Good. Okay. Caroline's here. Who else?
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Miguel? No. Where the hell is Miguel. Find him.
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I don't know. [INAUDIBLE] And Rita Vares? No. Erasmus. No.
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[INAUDIBLE]
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There's going to be videos [INAUDIBLE]. Caroline?
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So what if we are utopian?
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Doing nothing is not an option.
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The dream of the marriage between capitalism
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and democracy is over.
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I was thinking about what we're trying to do here,
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and it's a little bit like trying to cook a meal
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that nobody's ever cooked.
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So, I thought our motto could be, "Start
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cooking, recipe to follow."
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Let me just end with
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paraphrasing Dylan Thomas,
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something I like doing. Somebody asked, What is DiEM about?
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Well, DiEM is about not going gently into the good night.
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To rage, rage, and rage against the dying of the light.
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Have a good night.
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[INAUDIBLE] We exited the auditorium and we were elated.
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We were on a high because months of work had paid off.
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We had all these thousands, tens of thousands
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of members on Day One.
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So we headed to the bar for a celebratory drink.
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Along our path, we came across an old German activist,
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a man in his late seventies, early eighties,
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who had spent time in prison.
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He'd been a trade unionist, an activist on the far left.
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He looked as pessimistic as he always does.
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He's got this face exuding negativity,
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but a wonderful heart.
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So, I asked him, I said, "Klaus, what did you think of it?
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What did you think of what we've just done?"
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He nodded and said, "You will fail." Srećko, my colleague and comrade,
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who is much younger than me, and therefore
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a bit more agitated than I am,
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got pissed off with him. And he said,
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"So why are you here? Why are you here?
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Why are you darkening our night
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by being so negative?"
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The answer he gave me is,
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and has been since then, a great source
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of personal strength for me.
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He said, "Because I want to be around the people
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with whom we will have, together, to pick up the pieces
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when this whole thing collapses.
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That, to me, is a good enough reason
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to have a transnational pan-European democratic movement."
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One of the difficulties, of course, is
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that Syriza got their chance.
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You got your chance,
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but you only survived a matter of months
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before, basically, chucking in the towel
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and saying, "I can't put up with this.
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This isn't what I came into politics for."
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And that really is the test of the thing, isn't it?
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Will people stay the course - as you describe this
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revolution that's sweeping democracy in the world?
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I didn't throw in the towel.
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I just made the tactical decision
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to move out of the ministry.
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Politics, you know, is not something
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that just happens in the corridors of power.
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It's also what happens where I am: amongst
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various democratic movements.
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What we need is a Green New Deal for Europe
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to create the good quality jobs
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that will defeat climate disaster tomorrow morning.
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The European Union has the instruments
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that could be pressed into the service
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of a genuine Green New Deal,
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and I'll give numbers now.
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£500 billion pounds every year at least.
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This sounds like a lot of money. It is not.
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Do you know how much money is sloshing
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around in the City of London doing nothing?
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Being uninvested?
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It's about a £trillion pounds. So only in London.
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Imagine in the whole of Europe.
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It's about 4.5 trillion in Europe,
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excess savings, liquidity, doing nothing other than bidding up
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house prices and not doing what...
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But the European Union has the institutions.
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You have the European Investment Bank, which sounds boring,
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and it is boring, and it is in Luxembourg, of all places.
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That's really boring.
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Is anybody here from Luxembourg? I'm sorry.
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But do you know, it's four times
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the size of the World Bank.
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The financing of a Green New Deal will require
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taxing wealth, ending tax havens, and so on,
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but that will really not be at all enough.
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Even if you introduce a wealth tax, like the one
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that Elizabeth Warren and Alexandria Ocasio-Cortez are
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proposing in the United States, all you'll be able
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to raise is about 1% of GDP.
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It's good, but it's not enough.
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We need 5, 6, 7% to have the green transition,
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the creation of the good quality jobs that we need
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in this country, in Europe and so on.
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The main way of
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energising this excess liquidity: public investment banks
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that issue bonds that operate like sponges
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that soak up the liquidity,
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and the central banks just announcing to the market
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so they will support the bonds issued
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by the public investment banks.
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That was the New Deal idea,
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originally, of Franklin Roosevelt.
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We had our European New Deal,
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and, of course, we realised that the political system doesn't
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give a damn about good ideas and good agendas.
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Do you regret saying, "That's it. No more Troika,
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no more bailout. It's over." It wasn't over.
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Yeah, this is a fact, but it was not so easy too.
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I know that the developments, the result,
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whatever happened afterwards, it was not
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a good development.
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So my heart, my soul, said to me, "Go away."
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But my mind said to me that I had to find a solution,
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even though I knew
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that this solution was very, very difficult
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and tough.
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So, after this very intensive internal democratic dialogue,
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we agreed that we will go electoral, as we put it.
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Right now, if one looks at the opinion polls,
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out in front is the New Democracy party, the mainstream,
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age-old, centre-right party. Your old party Syriza,
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whom you worked for as Finance Minister,
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the radical leftist government of the moment,
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they're struggling in the polls.
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But your own, even more radical progressive offering,
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your new party, you're struggling
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to get even a single percentage point
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of the vote in the latest opinion poll.
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Well, allow me to say that this is unfair
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because we've just started the party.
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Judge us at the election.
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That's the only opinion poll - especially for a party
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that is not even known
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that it exists in Greece at the moment.
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So, what are MeRA polling at right now?
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How close are you?
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Well, two days ago, we were on a knife's edge.
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Yesterday and today we had some secret polls being
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communicated with us that tell us that we're safe.
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But, of course, opinion polls are like sausages.
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If you know how they're made, you don't want to touch them.
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That anniversary, in previous years, of the NO vote
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of the referendum, every 5th of July has
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always been a very difficult day for me personally.
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Every 5th of July,
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I've associated in my memory reading on my laptop a barrage
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of attacks, on my own, struggling
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to respond to each one of them, writing reams
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and reams of responses — feisty responses —
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because I wasn't letting them off the hook.
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It was always a very sad and very lonely day.
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So, when yesterday
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I found myself, not in pristine isolation,
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but amongst hundreds of supporters in central Athens Square
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with that remarkable energy, solidarity, and optimism,
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it was the first anniversary of the NO vote that
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was not just pleasant
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but a kind of rebirth, a regeneration,
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a reinvention of whom we used to be.
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Welcome to the MeRA25 headquarters,
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the DiEM home base in Athens, Greece.
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As you can see, it's very quiet right now
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because tomorrow is election day, which means
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that all campaign activities are on hold.
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Sure. This is, I would say, the control centre
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of the MeRA25 operation.
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So, posters aside, this is a map
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that will have all the key dates for the various tours that
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Eric Edmond, whom you may have met, would've been doing,
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travelling around in his vehicle, doing little rallies
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and building small teams of grassroots
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activists all over the country.
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I know you've struggled to get funding for both DiEM and for MeRA,
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that this has been a huge issue.
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Okay. How have you managed?
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On a shoestring.
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We managed on a shoestring
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because, in the end, it's true. Capital
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does not flow into the coffers of parties
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that work against the interests of financialised capitalism.
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But what is, I think, quite remarkable,
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is the kind of
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campaign against us waged within the
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banking system.
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It took us six months to open a bank account.
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They kept pretending that
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some paperwork was missing.
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And then, once they opened the bank account,
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they did everything they could to make sure
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that it is inoperable.
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So, for instance, if you wanted
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to make a donation using your MasterCard, your Visa,
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you couldn't. If you wanted to do web banking, you couldn't.
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The only way, they told us, that
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anyone can make a donation is if they
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stand and queue, they queue up,
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at the cashiers. When some of our people try to do that,
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the cashiers ask them for a letter from the party
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authorising them to give us money.
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Tomorrow morning, polls open at seven in the morning
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and they shut at 7pm. We are going to have some
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nail-biting moments after 7pm tomorrow
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until the first results come out.
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But, I still feel confident that we're going
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to celebrate the return of the anti-austerity movement,
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00:19:56,385 --> 00:19:59,205
the Green New Deal, to Parliament for the first time.
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The man who once promised he could end austerity, defy
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00:21:31,255 --> 00:21:33,975
Brussels and still keep his country in the Euro
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00:21:34,775 --> 00:21:37,935
conceded defeat tonight. Alexis TsÌpras was going
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00:21:37,935 --> 00:21:41,135
to transform politics in Greece. After four years,
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the Greek people have said, "Enough.
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Let's go back to the traditional parties."
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How are you feeling?
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00:21:47,905 --> 00:21:49,895
Mixed feelings. I mean, of course, elated,
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but at the same time, saddened. On the one hand,
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we are elated that we are going
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00:21:54,255 --> 00:21:55,775
to put this voice in Parliament.
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00:21:55,985 --> 00:21:59,295
We're also elated that we bumped off Golden Dawn.
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00:21:59,675 --> 00:22:02,135
We pushed the Nazis out. At the same time,
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there is a new fascist party coming in just ahead of us.
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00:22:06,475 --> 00:22:10,015
And, of course, it's impossible to celebrate,
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00:22:10,015 --> 00:22:11,735
given that now we have a new chapter
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00:22:12,315 --> 00:22:13,855
in this country's debt bondage,
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00:22:14,725 --> 00:22:18,295
with a ruthless neoliberal party in government
298
00:22:18,805 --> 00:22:22,935
with an absolute majority that has the capacity, now,
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00:22:23,035 --> 00:22:27,375
on the foundation of the fourth bailout agreement
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00:22:27,505 --> 00:22:29,055
introduced by TsÌpras
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and Syriza, our former comrades, to build
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00:22:33,455 --> 00:22:36,215
a class war against people who've lost almost everything.
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00:22:36,665 --> 00:22:41,175
MeRA25 is a tiny candle that has the capacity to pierce
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00:22:42,075 --> 00:22:45,015
the darkness, but the darkness is getting thicker.
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00:23:01,835 --> 00:23:04,015
It's quite spectacular. Greece became bankrupt, officially,
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in 2010. Our debt
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was something like 300 billion euros
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00:23:09,635 --> 00:23:14,255
and our income was around 240 billion euros,
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00:23:14,955 --> 00:23:17,295
and that was considered to be such a gap
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that warranted calling Greece insolvent,
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00:23:20,395 --> 00:23:24,175
and making us headline news everywhere in the world.
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00:23:24,805 --> 00:23:28,455
Well, now the 300 billion debt is
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00:23:28,455 --> 00:23:30,655
370... 380, maybe,
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00:23:31,995 --> 00:23:35,295
and our income from 240 is 162,
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00:23:36,355 --> 00:23:38,775
and yet nobody talks about it as a case
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00:23:39,075 --> 00:23:40,855
of deepening insolvency.
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00:23:42,835 --> 00:23:46,925
Why? If the powers that be want to declare
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00:23:46,925 --> 00:23:48,645
that you're insolvent because they want to punish you
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00:23:48,645 --> 00:23:49,805
or they want to make you do things
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00:23:50,385 --> 00:23:52,805
or take away your stuff like, you know,
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00:23:52,805 --> 00:23:54,445
your airports and your ports and so on,
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00:23:55,205 --> 00:23:57,325
suddenly every newspaper in the world
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00:23:57,325 --> 00:23:58,605
talks about your insolvency.
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Once they've taken away everything
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00:24:01,425 --> 00:24:04,925
and they have installed in Athens a government
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00:24:05,455 --> 00:24:09,445
which says 'yes' to them, to whatever demands
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00:24:09,675 --> 00:24:13,525
they imagine, right, then suddenly our debt is not a problem.
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00:24:14,075 --> 00:24:16,285
They keep rolling it over and rolling it over,
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00:24:16,305 --> 00:24:17,445
and they will keep rolling it over.
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00:24:17,505 --> 00:24:20,645
You see, debt is power. It's got nothing to do with money.
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00:24:29,115 --> 00:24:30,565
Unwelcome but expected,
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00:24:30,945 --> 00:24:33,005
the Coronavirus has hit the UK.
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00:24:33,405 --> 00:24:36,405
A SARS-like virus, which has infected hundreds in China,
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00:24:36,705 --> 00:24:38,245
has now reached the United States.
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00:24:39,145 --> 00:24:41,845
The pandemic's greatest lesson to all of us,
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00:24:41,875 --> 00:24:43,365
both on the left and on the right,
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00:24:44,725 --> 00:24:46,125
concerns the power of the state.
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00:24:47,185 --> 00:24:52,005
For years, we lulled ourselves into the belief that,
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00:24:52,265 --> 00:24:54,805
governments cease to have any power.
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00:24:55,785 --> 00:24:59,525
And the moment COVID-19 hits, suddenly we realise
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00:25:00,425 --> 00:25:02,765
the immense power of the nation state.
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00:25:03,385 --> 00:25:05,645
So, they, you know, they shut us indoors;
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00:25:05,995 --> 00:25:07,165
they imposed the curfew;
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00:25:07,715 --> 00:25:08,965
they closed down the economy;
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00:25:09,475 --> 00:25:11,405
they replaced the labour markets;
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00:25:12,155 --> 00:25:13,885
they renationalised everything
347
00:25:14,705 --> 00:25:18,765
and, suddenly, we had more or less
348
00:25:18,885 --> 00:25:22,925
a return to an absolute monarchy in terms
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00:25:22,945 --> 00:25:24,645
of the power of the state to do stuff.
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00:25:31,235 --> 00:25:35,565
Many claim that the pandemic is a crisis of its own,
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00:25:36,605 --> 00:25:37,965
a separate financial crisis.
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00:25:38,885 --> 00:25:39,965
I do not share that view.
353
00:25:41,965 --> 00:25:44,605
I strongly believe that the great crisis
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00:25:44,705 --> 00:25:48,045
of our times began in 2008 which, as I keep saying,
355
00:25:48,145 --> 00:25:50,205
was our generation's 1929,
356
00:25:52,145 --> 00:25:54,645
and that that crisis never went away.
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00:25:55,385 --> 00:25:59,525
It migrated from one continent to the other
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00:25:59,745 --> 00:26:00,965
while mutating during its migration.
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00:26:01,305 --> 00:26:03,965
And 2008 was the moment
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00:26:04,715 --> 00:26:07,765
when future historians are going to mark the end,
361
00:26:08,425 --> 00:26:12,005
the official end, of what we all knew as capitalism.
362
00:26:12,575 --> 00:26:14,945
Something else has emerged.
363
00:26:18,205 --> 00:26:22,705
For the first time, capitalism no longer depended
364
00:26:22,705 --> 00:26:24,985
on capital accumulation, on profitability.
365
00:26:26,015 --> 00:26:28,505
Instead, the wealth creation process
366
00:26:29,365 --> 00:26:30,985
became utterly dependent
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00:26:31,765 --> 00:26:34,025
on the money printing by central banks.
368
00:26:34,655 --> 00:26:38,105
This was then visited upon by the pandemic.
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00:26:40,855 --> 00:26:42,205
Think about what the Bank of England,
370
00:26:42,205 --> 00:26:44,725
the European Central Bank, the Federal Reserve,
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00:26:44,725 --> 00:26:47,045
the Bank of Japan, of Sweden, of Switzerland...
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00:26:47,475 --> 00:26:48,885
what they did was more of the same.
373
00:26:49,715 --> 00:26:51,125
They printed even more money.
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00:26:51,675 --> 00:26:54,205
They gave it to the same old defunct banks.
375
00:26:54,745 --> 00:26:56,045
The same banks gave it
376
00:26:56,045 --> 00:26:57,565
to the same large corporations like
377
00:26:57,565 --> 00:26:59,605
Google, Volkswagen and so on.
378
00:26:59,815 --> 00:27:01,805
Those corporations did not invest
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00:27:01,805 --> 00:27:03,245
that money in good quality jobs
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00:27:03,745 --> 00:27:06,165
or the green transition that humanity needs
381
00:27:06,545 --> 00:27:07,885
or health or anything like that.
382
00:27:08,115 --> 00:27:10,485
What they did is to go to the Stock Exchange
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00:27:10,705 --> 00:27:12,205
and buy back their own shares
384
00:27:12,745 --> 00:27:15,605
and, in so doing, pushing up the financial markets
385
00:27:15,945 --> 00:27:17,805
so, you have this complete decoupling
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00:27:18,225 --> 00:27:19,925
of the financial sector,
387
00:27:20,225 --> 00:27:22,725
of the financial sphere, from the capital sphere.
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00:27:27,475 --> 00:27:31,925
This realisation hit me on the 12th of August
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00:27:31,945 --> 00:27:36,085
of 2020, when I saw what happened in London.
390
00:27:38,005 --> 00:27:39,725
A few minutes after nine o'clock in the morning,
391
00:27:40,265 --> 00:27:41,325
you had the announcement
392
00:27:41,995 --> 00:27:44,405
that the British economy suffered its greatest
393
00:27:44,925 --> 00:27:47,165
slump in the history of British capitalism.
394
00:27:47,395 --> 00:27:49,605
More than 20% of GDP had been lost
395
00:27:50,145 --> 00:27:51,205
during the lockdown.
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00:27:52,425 --> 00:27:54,685
And some, like, 15...16 minutes later,
397
00:27:56,665 --> 00:27:59,205
the London Stock Exchange went up...
398
00:28:00,515 --> 00:28:01,965
very significantly up.
399
00:28:03,065 --> 00:28:05,165
That has never happened before.
400
00:28:11,305 --> 00:28:12,365
To them it was good news.
401
00:28:13,275 --> 00:28:16,805
They heard that the GDP of the United Kingdom fell
402
00:28:16,865 --> 00:28:18,125
by 20 something percent,
403
00:28:18,985 --> 00:28:20,845
and immediately they thought, "Excellent!
404
00:28:20,845 --> 00:28:24,285
Because this means that the Bank of England are panicking
405
00:28:24,285 --> 00:28:26,885
so they'll put in more money and they will give it to us
406
00:28:26,885 --> 00:28:29,085
and we'll take it to the Stock Exchange and buy our own shares,
407
00:28:29,505 --> 00:28:30,605
and the shares will go up.
408
00:28:30,615 --> 00:28:32,845
Great. Let's buy some more. Good news!"
409
00:28:38,855 --> 00:28:41,245
We've won with the most votes ever cast
410
00:28:41,275 --> 00:28:44,325
on a presidential ticket in the history of the nation:
411
00:28:45,115 --> 00:28:46,365
74 million!
412
00:28:49,635 --> 00:28:54,245
What I find mesmerisingly interesting is that
413
00:28:54,245 --> 00:28:58,005
which is missing from Biden's New Deal.
414
00:29:00,145 --> 00:29:04,685
You will recall that the original FDR New Deal in 1933
415
00:29:05,665 --> 00:29:07,045
had two main pillars.
416
00:29:08,185 --> 00:29:12,045
One was a large scale investment programme.
417
00:29:12,895 --> 00:29:16,525
Biden is emulating that. The second pillar of FDR
418
00:29:17,305 --> 00:29:20,485
was institutional changes that amounted
419
00:29:20,705 --> 00:29:22,165
to a war against the bankers.
420
00:29:23,195 --> 00:29:26,165
That is completely absent from Biden's agenda.
421
00:29:26,825 --> 00:29:30,805
So, when I am speaking of high finance
422
00:29:31,905 --> 00:29:34,885
as a harmful factor in recent years,
423
00:29:36,165 --> 00:29:39,845
I am speaking about the type of individual who speculates
424
00:29:40,115 --> 00:29:41,685
with other people's money.
425
00:29:42,185 --> 00:29:45,605
And you in Chicago know the kind I refer to.
426
00:29:49,955 --> 00:29:52,495
The lack of a clash with the financial sector,
427
00:29:53,225 --> 00:29:54,455
which should have taken the form
428
00:29:54,835 --> 00:29:56,695
of demanding a write-off of debt;
429
00:29:57,515 --> 00:30:01,655
the lack of interest by the Biden administration in doing that
430
00:30:01,655 --> 00:30:06,375
does not constitute the kind of shift,
431
00:30:07,595 --> 00:30:11,775
not just of income but also of wealth creation sources,
432
00:30:12,435 --> 00:30:16,575
in order to stem the increased chances of Trump
433
00:30:16,795 --> 00:30:20,215
or, somebody like Trump, making a triumphant return.
434
00:30:22,075 --> 00:30:24,895
Our level of enthusiasm, the Trump...
435
00:30:25,215 --> 00:30:28,935
whatever the hell you want to call us... the group, is way
436
00:30:29,315 --> 00:30:30,415
— is off the charts.
437
00:30:30,495 --> 00:30:32,935
I believe it's the highest in the history of elections. But...
438
00:30:35,565 --> 00:30:38,655
Because we had Trump before, it's so easy
439
00:30:38,675 --> 00:30:42,095
to become enthusiastic about Biden without recognising
440
00:30:42,605 --> 00:30:43,815
what really needs to be done,
441
00:30:44,435 --> 00:30:46,775
and that Biden is not interested in doing it
442
00:30:47,475 --> 00:30:50,935
at a global scale or even at the level of the United States.
443
00:30:51,715 --> 00:30:55,615
To put it bluntly, we need at least 10% of global GDP
444
00:30:55,615 --> 00:30:58,975
to be spent on the green transition globally.
445
00:30:59,595 --> 00:31:02,735
If the United States doesn't lead such a campaign
446
00:31:03,555 --> 00:31:07,085
for an international Green New Deal, who will do it?
447
00:31:09,715 --> 00:31:11,165
Even if he takes all this money
448
00:31:11,225 --> 00:31:14,205
and spends it in electrifying
449
00:31:14,545 --> 00:31:18,285
the car industry and the road system, which will be great,
450
00:31:19,265 --> 00:31:21,485
it will still be a case
451
00:31:21,545 --> 00:31:23,925
of rearranging the deck chairs on the Titanic.
452
00:32:48,935 --> 00:32:51,565
Trump became President of the United States
453
00:32:52,035 --> 00:32:54,565
because there is a massive amount
454
00:32:55,965 --> 00:32:59,885
of pain in this country, which is not seen on television,
455
00:33:00,215 --> 00:33:03,405
which many of my democratic colleagues do not know
456
00:33:03,945 --> 00:33:05,085
and do not talk about.
457
00:33:05,785 --> 00:33:10,485
The life expectancy in the United States of America
458
00:33:10,845 --> 00:33:13,165
has declined for the third straight year.
459
00:33:14,425 --> 00:33:17,965
You have demagogues who deal with that pain
460
00:33:18,145 --> 00:33:19,805
and say, "The problem is, is that
461
00:33:19,805 --> 00:33:22,365
Mexican immigrant who's picking strawberries
462
00:33:22,585 --> 00:33:23,605
for $8 an hour."
463
00:33:23,905 --> 00:33:26,325
So, you take that anger and frustration
464
00:33:26,325 --> 00:33:27,565
and hurt that people are feeling
465
00:33:27,745 --> 00:33:29,325
and you turn them against people
466
00:33:29,345 --> 00:33:30,725
who are in worse shape than you are.
467
00:33:30,835 --> 00:33:34,965
Alright? And our job is to bring our people together to say,
468
00:33:34,965 --> 00:33:38,845
"No. It is not some Mexican picking strawberries for
469
00:33:38,845 --> 00:33:41,885
eight bucks an hour who is our enemy. It is Wall Street.
470
00:33:42,145 --> 00:33:45,525
It is the fossil fuel industry. It is the drug companies.
471
00:33:45,715 --> 00:33:47,045
It's the insurance companies.
472
00:33:47,155 --> 00:33:48,885
Let's stand together and take those people on."
473
00:33:51,785 --> 00:33:53,565
In the previous sections we were talking
474
00:33:53,565 --> 00:33:54,605
about a Green New Deal.
475
00:33:55,105 --> 00:33:58,565
If we do not succeed in the international Green New Deal,
476
00:33:58,565 --> 00:34:01,045
not an American one, not a North American one,
477
00:34:01,265 --> 00:34:05,285
not a white one, not a European Atlanticist Green New Deal,
478
00:34:05,285 --> 00:34:09,645
but an international New Deal, ruin without end is going
479
00:34:09,645 --> 00:34:13,405
to loom black across our lands, our rivers, our mountains.
480
00:34:13,665 --> 00:34:15,885
We are now going to issue an open call
481
00:34:15,985 --> 00:34:17,525
to all progressives in the world.
482
00:34:17,945 --> 00:34:19,045
It is time to unite.
483
00:34:20,075 --> 00:34:21,855
It is our historic duty to do it
484
00:34:21,855 --> 00:34:24,815
because if you think about it, the bankers
485
00:34:26,075 --> 00:34:28,125
have formed a bankers' international.
486
00:34:28,395 --> 00:34:30,925
When I was talking to the creditors,
487
00:34:33,145 --> 00:34:36,405
the lack of racism, the solidarity,
488
00:34:38,065 --> 00:34:42,205
the coalescence between them was very impressive.
489
00:34:43,475 --> 00:34:48,005
They were Austrian, Dutch, Irish, Spanish,
490
00:34:48,815 --> 00:34:52,325
Portuguese, Greek, and they worked as one.
491
00:34:54,305 --> 00:34:57,285
The fascists are forming a fascist
492
00:34:57,885 --> 00:35:01,165
nationalist international. Donald Trump, Matteo Salvini,
493
00:35:01,785 --> 00:35:03,525
Marine Le Pen, Boris Johnson,
494
00:35:04,235 --> 00:35:08,365
Modi showed a remarkable capacity to organise,
495
00:35:09,105 --> 00:35:11,605
and we are failing left, right, and centre.
496
00:35:12,105 --> 00:35:14,965
The only people who have not tried to combine and
497
00:35:15,345 --> 00:35:18,525
go along with the internationalism
498
00:35:18,525 --> 00:35:21,765
which is innate in their ideology, is the progressives.
499
00:35:21,985 --> 00:35:23,525
It is high time that the
500
00:35:23,645 --> 00:35:24,885
Progressive International is formed.
501
00:35:31,845 --> 00:35:32,845
Together,
502
00:35:33,775 --> 00:35:34,775
we are here.
503
00:35:36,555 --> 00:35:39,405
Friends, comrades, fellow internationalists,
504
00:35:39,845 --> 00:35:41,325
wherever you are on this planet,
505
00:35:41,835 --> 00:35:43,405
welcome to this inaugural
506
00:35:43,465 --> 00:35:46,845
and historic summit of the Progressive International.
507
00:35:47,905 --> 00:35:52,045
The progressive International has a crucial role to play
508
00:35:52,745 --> 00:35:56,845
in determining which course history will follow.
509
00:35:57,875 --> 00:35:59,925
With the fate of the human experiment
510
00:36:00,615 --> 00:36:02,525
quite literally at stake.
511
00:36:03,205 --> 00:36:05,085
I think this pandemic that we are going
512
00:36:05,085 --> 00:36:08,565
to talk about here also today shows us that there is so
513
00:36:09,275 --> 00:36:12,885
much need for greater international collaboration
514
00:36:13,015 --> 00:36:14,525
among progressive forces.
515
00:36:15,105 --> 00:36:19,085
We have to fight the old order in all its forms
516
00:36:19,755 --> 00:36:22,125
with every breath in our bodies.
517
00:36:22,635 --> 00:36:25,525
Part of the neo-fascist movements in the world
518
00:36:25,525 --> 00:36:27,565
have to do with people's contempt
519
00:36:27,585 --> 00:36:30,605
for neoliberal elites who lied to them,
520
00:36:31,555 --> 00:36:33,485
that told them they stand for justice
521
00:36:33,985 --> 00:36:35,765
and invoked Martin Luther King Jr.,
522
00:36:36,105 --> 00:36:38,965
and ended up hanging out with Wall Street folk,
523
00:36:39,315 --> 00:36:40,605
with war profiteers.
524
00:36:41,155 --> 00:36:45,365
What we are witnessing today is effectively
525
00:36:45,965 --> 00:36:47,565
a wall against democracy.
526
00:36:48,075 --> 00:36:50,245
What is it that makes
527
00:36:51,015 --> 00:36:53,245
human beings so obedient?
528
00:36:53,575 --> 00:36:55,765
Let's not make them same mistakes over
529
00:36:55,785 --> 00:36:57,085
and over again. Thank you
530
00:36:57,085 --> 00:36:58,325
very much for this opportunity.
531
00:37:04,145 --> 00:37:06,405
And we must really protect the women's struggle from
532
00:37:06,555 --> 00:37:09,885
co-optation by the state and co-optation from capitalism.
533
00:37:15,255 --> 00:37:16,925
I hope at the end of this summit
534
00:37:16,925 --> 00:37:20,565
we will all remember that being a progressive,
535
00:37:21,145 --> 00:37:25,325
in its very essence, is to choose to trust in humankind.
536
00:37:25,705 --> 00:37:28,645
It is simply not enough to act locally.
537
00:37:29,585 --> 00:37:31,405
It is essential. It is necessary
538
00:37:31,405 --> 00:37:33,125
to act locally, but it is not enough.
539
00:37:33,305 --> 00:37:35,165
You need to act globally as well.
540
00:37:35,425 --> 00:37:38,045
The climate challenge is not leaving us.
541
00:37:38,055 --> 00:37:40,045
It'll be right where we left it, really, when the
542
00:37:40,045 --> 00:37:41,445
Coronavirus entered our lives,
543
00:37:42,345 --> 00:37:47,205
and I am very worried that this will become a less priority
544
00:37:47,495 --> 00:37:48,565
after the epidemic.
545
00:37:51,305 --> 00:37:54,725
We need a global project to stop climate change
546
00:37:55,985 --> 00:37:58,325
and to reverse the disaster
547
00:37:58,635 --> 00:38:00,925
that humanity has inflicted upon the planet.
548
00:38:06,765 --> 00:38:10,665
In the same way that climate change cannot be dealt with
549
00:38:10,725 --> 00:38:13,345
by the Brits, by the Greeks, by the Americans,
550
00:38:13,345 --> 00:38:17,225
by the Chinese alone,
551
00:38:18,725 --> 00:38:22,105
poverty around the globe cannot be dealt with
552
00:38:22,205 --> 00:38:24,145
just by one country, one jurisdiction.
553
00:38:25,015 --> 00:38:28,905
Similarly with banking. There is no way you can
554
00:38:30,165 --> 00:38:34,705
do away with the oxygen-sapping effect
555
00:38:34,765 --> 00:38:39,245
of the City of London without dealing with the banking
556
00:38:39,825 --> 00:38:41,685
crisis internationally,
557
00:38:41,685 --> 00:38:45,845
without putting the financial genie in a bottle globally.
558
00:38:46,315 --> 00:38:47,485
There is no way we can deal with
559
00:38:47,485 --> 00:38:49,805
public debt in one country if we don't deal
560
00:38:49,805 --> 00:38:51,845
with public debt more globally.
561
00:38:54,275 --> 00:38:56,725
Once you realise that, you've got
562
00:38:56,865 --> 00:38:58,645
to answer a very simple question.
563
00:38:59,745 --> 00:39:01,725
Are you going to let the Davos globalists
564
00:39:01,725 --> 00:39:03,125
run the world,
565
00:39:04,335 --> 00:39:07,235
or are you going to create democratic institutions
566
00:39:07,495 --> 00:39:09,555
and international distributions that are
567
00:39:10,635 --> 00:39:13,235
scrutinised democratically by the peoples of the planet
568
00:39:14,215 --> 00:39:17,595
in order to provide the global leadership,
569
00:39:17,595 --> 00:39:21,155
which is essential for the perpetuation of the human race?
570
00:39:21,425 --> 00:39:24,355
This is the dilemma we're facing.
571
00:39:24,385 --> 00:39:25,435
There's no third option.
572
00:39:31,055 --> 00:39:34,435
The idea of imposing limits
573
00:39:34,655 --> 00:39:37,955
and caps on resource use in order
574
00:39:37,975 --> 00:39:39,155
to stop destroying the planet;
575
00:39:40,015 --> 00:39:44,035
the idea of redistributing income from the global north
576
00:39:44,035 --> 00:39:47,515
to the global south as part of the process of
577
00:39:48,395 --> 00:39:49,395
a green transition;
578
00:39:49,935 --> 00:39:53,955
the idea of a monetary system that is designed for
579
00:39:54,015 --> 00:39:55,395
the many, not for the few;
580
00:39:56,405 --> 00:40:01,115
these ideas are prerequisites for the survival
581
00:40:01,115 --> 00:40:04,715
of the human race. And they'd better be implemented,
582
00:40:05,765 --> 00:40:08,915
honed, developed by a majority of
583
00:40:08,935 --> 00:40:10,755
people in a majority of countries.
584
00:42:52,595 --> 00:42:56,525
Many friends and foes say to me that,
585
00:42:56,795 --> 00:42:58,085
"Your project is utopian.
586
00:42:58,625 --> 00:43:02,405
It won't work." Well, be that as it may,
587
00:43:03,065 --> 00:43:07,795
what should we do? Just be bystanders watching
588
00:43:08,575 --> 00:43:10,235
the steady decline
589
00:43:10,535 --> 00:43:14,635
and degeneration of our societies, our polities,
590
00:43:14,695 --> 00:43:19,435
our communities? Or fight for that which, whether you win
591
00:43:19,435 --> 00:43:23,955
or not, can sow the seeds of the next rennaissance.
44752
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