FacebookTwitterGoogle+RedditEmail

It Takes a Greek to Save Europa

by

shutterstock_259699295

Europa, in classical Greek mythology, was this Phoenician princess babe that drove lusty Zeus absolutely bonkers.

A trickster par excellence, Zeus turned into a white bull, lured Europa into riding him, and before she could escape, dove into the Aegean Sea and carried her off to Crete. The product of their inevitable lovemaking was King Minos. So keep in mind that Europa is the Minotaur’s step-grandmother (more on the Minotaur in a minute.)

Prolific lover that he was, Zeus in the end always came back to his wife, Hera. But this time, not before bestowing selected gifts upon Europa. One of these gifts was Laelaps, a hound that never missed his prey. Then, one day, fate ruled that Laelaps should go after the Teumessian fox – which according to divine design should never be caught.

Imagine Zeus’s predicament. After racking his divine brain, Zeus finally found an easy way out; he turned them both into stone and cast them into the night sky.

We can always draw on the psychedelic bacchanalia of classical Greek mythology to find graphic illustrations to the turmoil of our times. Imagine, for instance, Europa’s elite – Mario Draghi and co. – racking their brains in Laelaps meets Teumessian mode trying to solve the eurozone riddle.

And imagine as well a new Minotaur eating modern Europa’s newborn sons and daughters.

Meet DiEM25

Now to a new tale in the heart of Europa.

Seven months after resigning as the finance minister of Greece, self-described “erratic Marxist” Yanis Varoufakis is resurfacing (out of the Aegean Sea?) with a bang.

This past Tuesday, at the Volksbühne Theater in Berlin, Varoufakis launched a new project: the DiEM25 (Democracy in Europe Movement 2025), whose aim is to ultimately transfer power from Europa’s unaccountable, fiercely authoritarian elite and distribute it – fairly – among European citizens.

Greek myth? Why not? And exactly when Europa badly needs a new foundation myth. Varoufakis bets that the movement will eventually reach a “basic consensus” on what to do to really introduce democratic practices into how the European behemoth is run. And then, onwards to parliamentary democracy, via elections.

The diagnostic by Varoufakis would resonate among every sound minded EU citizen. It features unaccountable European elites; “big finance” and “big industry” forming the “unholy cartel” that is the “main driver of EU policy”; the European Central Bank (ECB) propping up the “cartel” by printing money like there’s no tomorrow through quantitative easing (QE); Italy as the new Greece, suffocated by its debt repayments; the fallacy of the theoretically apolitical ECB controlling interest rates across vastly disparate countries; and the Mafia behavior of the Eurogroup (comprising the 19 finance ministers of eurozone members).

Not surprisingly, the fallacy of this “model” of running the eurozone has produced devastating unemployment and facilitated the rise and rise and rise of the extreme right.

The concept of DiEM25 is inspired by what people across Europe should have done in the 1930s, before the ascension of Nazism and fascism; a pan-European, trans-political democratic movement. Varoufakis identifies all the toxic trends of the 1930s in the current, abysmal turmoil engulfing Europa.

He wants DiEM25 to be more than “just a think-tank and… an internet community”.

At the same time he’d like the movement to be essentially leaderless. And there’s the rub; Europa may not need heroes, but as it stands it definitely needs true leaders.

Meet the new Minotaur

Considering the current intellectual void all across Europa, Varoufakis at least is shaking up the torpor. Everything one needs to know about the deep causes of the 2008 global financial crisis has been dissected in his seminal book The Global Minotaur (Zed Books; check out the updated 2013 edition.)

The Minotaur metaphor is indispensable to understand the “model” – defined as “controlled disintegration of the world economy” – imposed upon the whole planet by former chairman of the Fed, Paul Volcker. Starting in the go-go 1980s, this“chaotic, yet strangely controlled flux,” as Varoufakis defines it, translated into foreign investors sending billions of US dollars to Wall Street every day, thus financing the US’s twin deficits – and feeding the Global Minotaur.

So we’re back, once again, to Greek classical mythology. King Minos of Crete asked Poseidon for a bull as a sign of divine endorsement. He promised Poseidon he would sacrifice the bull in the god’s honor. Yet he didn’t. Punishment, thus, was inevitable.

Talk about creative punishment. The gods, using Aphrodite’s expert qualifications, had Minos’s wife, Queen Pasiphae, fall madly in love/lust with the bull. Using various props built by the legendary engineer Dedalus, the queen managed to get pregnant. The product was the Minotaur: half human, half bull.

When the Minotaur became huge and uncontrollable, Minos told Dedalus to build a labyrinth. The only way to appease the Minotaur in his labyrinth was to offer human flesh. And here we get into Minos from Crete getting his revenge on Athens; King Aegeus of Athens had killed Minos’s son after he won all the contests at the Pan-Athenian games. So after a brief war with Athens, Aegeus was forced to send seven young boys and seven unwed girls to be devoured by the Minotaur every year.

This – in myth – was the set up for a regular foreign tribute that kept the Minotaur well fed. Nowadays, or until 2008, this was the set up of Pax Americana. But unlike the myth, where Theseus – the son of Aegeus – eventually slaughtered the Minotaur, what doomed the new monster were the lowly subprime racket and a tsunami of CDOs and CDSs.

Varoufakis could not but be attracted to a remix of the Minotaur metaphor; a periodic one-sided tribute – in US dollars – from the whole planet enabling the hegemonic ‘Exceptionalists’ to project power across the seas. This Minotaur is now dying, the world is still encumbered with its rotting carcass, and no one knows what beast is to rise next.

For now, it’s time to fight another, lesser Minotaur; a monster devouring its step-grandmother Europa’s children by autocracy, austerity, unemployment and fear. And once again, it takes a Greek, not a hero by any means, to show Europeans the way.

This piece first appeared at RT.

Pepe Escobar is the author of Globalistan: How the Globalized World is Dissolving into Liquid War (Nimble Books, 2007), Red Zone Blues: a snapshot of Baghdad during the surge and Obama does Globalistan (Nimble Books, 2009).  His latest book is Empire of ChaosHe may be reached at pepeasia@yahoo.com.

More articles by:

CounterPunch Magazine

minimag-edit

August 31, 2016
NEVE GORDON - NICOLA PERUGINI
Human Shields as Preemptive Legal Defense for Killing Civilians
Jim Kavanagh
Turkey Invades Syria, America Spins The Bottle
Dave Lindorff
Ukraine and the Dumbed-Down New York Times Columnist
Pepe Escobar
Brazil’s Dilma Rousseff, a Woman of Honor, Confronts Senate of Scoundrels
Jeff Mackler
Playing the Lesser Evil Game to the Hilt
Steve Horn
Dakota Access Pipeline Tribal Liaison Formerly Worked For Agency Issuing Permit
Patrick Cockburn
Has Turkey Overplayed Its Hand in Syria?
John Chuckman
Why Hillary is the Perfect Person to Secure Obama’s Legacy
Manuel E. Yepe
The New Cold War Between the US and China
Stephen Cooper
Ending California’s Machinery of Death
Stacy Keltner - Ashley McFarland
Women, Party Politics, and the Power of the Naked Body
Hiroyuki Hamada - Ikuko Isa
A Letter from Takae, Okinawa
Aidan O'Brien
How Did Syria and the Rest Do in the Olympics?
David Swanson
Arms Dealing Is Subject of Hollywood Comedy
Jesse Jackson
The Politics of Bigotry: Trump and the Black Voter
August 30, 2016
Russell Mokhiber
Matt Funiciello and the Giant Sucking Sound Coming Off Lake Champlain
Mike Whitney
Three Cheers for Kaepernick: Is Sitting During the National Anthem an Acceptable Form of Protest?
Alice Bach
Sorrow and Grace in Palestine
Sam Husseini
Why We Should All Remain Seated: the Anti-Muslim Origins of “The Star-Spangled Banner”
Richard Moser
Transformative Movement Culture and the Inside/Outside Strategy: Do We Want to Win the Argument or Build the Movement?
Nozomi Hayase
Pathology, Incorporated: the Facade of American Democracy
David Swanson
Fredric Jameson’s War Machine
Jan Oberg
How Did the West Survive a Much Stronger Soviet Union and Warsaw Pact?
Linda Gunter
The Racism of the Nagasaki and Hiroshima Bombings
Dmitry Kovalevich
In Ukraine: Independence From the People
Omar Kassem
Turkey Breaks Out in Jarablus as Fear and Loathing Grip Europe
George Wuerthner
A Birthday Gift to the National Parks: the Maine Woods National Monument
Logan Glitterbomb
Indigenous Property Rights and the Dakota Access Pipeline
National Lawyers Guild
Solidarity with Standing Rock Sioux Tribe against Dakota Access Pipeline
Paul Messersmith-Glavin
100 in Anarchist Years
August 29, 2016
Eric Draitser
Hillary and the Clinton Foundation: Exemplars of America’s Political Rot
Patrick Timmons
Dildos on Campus, Gun in the Library: the New York Times and the Texas Gun War
Jack Rasmus
Bernie Sanders ‘OR’ Revolution: a Statement or a Question?
Richard Moser
Strategic Choreography and Inside/Outside Organizers
Nigel Clarke
President Obama’s “Now Watch This Drive” Moment
Robert Fisk
Iraq’s Willing Executioners
Wahid Azal
The Banality of Evil and the Ivory Tower Masterminds of the 1953 Coup d’Etat in Iran
Farzana Versey
Romancing the Activist
Frances Madeson
Meet the Geronimos: Apache Leader’s Descendants Talk About Living With the Legacy
Nauman Sadiq
The War on Terror and the Carter Doctrine
Lawrence Wittner
Does the Democratic Party Have a Progressive Platform–and Does It Matter?
Marjorie Cohn
Death to the Death Penalty in California
Winslow Myers
Asking the Right Questions
Rivera Sun
The Sane Candidate: Which Representatives Will End the Endless Wars?
Linn Washington Jr.
Philadelphia District Attorney Hammered for Hypocrisy
FacebookTwitterGoogle+RedditEmail