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The September election was a consequence of fundamentally undemocratic maneuvers by Tsipras designed (in the words of the DEA, a Popular Unity component) to “confirm the balance of political forces and reestablish the viability of the SYRIZA-led government before workers and popular classes realize through their own bitter experience the actual content of the agreement that was signed with the creditors on July 13.”

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In upcoming votes for the European Union's most indebted countries, the left will have to battle both the forces of austerity and a resurgent xenophobic right. The backdrop for elections in Greece, Portugal, Spain, and Ireland is one of deep economic crisis originally ignited by the American financial collapse of 2007-08. The response of the EU is massive cutbacks in government spending, widespread layoffs, and double-digit tax hikes on consumers.

Across Europe, people are fed up with a monetary union that is inefficient because it is so profoundly undemocratic. This is why the battle for rescuing Greece has now turned into a battle for Europe’s integrity, soul, rationality and democracy by setting up a Pan-European political movement, inspired by the Athens Spring, that will work toward Europe’s democratization.

The EU's belt-tightening measures are cutting holes in Europe's social-safety net. Austerity as an economic strategy is more than just throwing a scare into countries that, exhausted by years of cutbacks and high unemployment, are thinking of changing course. It's laying the groundwork for the triumph of multinational corporate capitalism - undermining the social contract between labor and capital that's characterized much of Europe for the past two generations.

As far as Yanis Varoufakis is concerned, the Greek election campaign will be 'sad and fruitless'. He tells Late Night Live why he won't be running and why he is instead putting his energy into political action on a European level.

Following the resignation August 20th of Greek Prime Minister Alex Tsipras and the announcement of snap parliamentary elections, 25 Syriza lawmakers who opposed the recent bailout deal formed a new Popular Unity Party and will challenge Tsipras and Syriza in September elections. Former Syriza Energy Minister Panagiotis Lafazanis will head the new party. With its 25 members, the Popular Unity Party becomes the third largest party in the Greek parliament.

Under adverse conditions and with a difficult balance of forces within Europe and the world, we tried to assert the point of view of a people and the possibility of an alternative path. Ultimately, even if the powerful were able to impose their will, what remains is the absolute confirmation on the international level that austerity is a dead end.

The recently published Roadmap for the Future of the Economic and Monetary Union, signed by five “presidents” — of the European Council, the European Commission, the European Parliament, the European Central Bank and the Eurogroup — it doesn’t contain much that’s strikingly new, but what it does do is systematise and confirm the abolition of national democracy.

Any country that would challenge neoliberalism inevitably will face the assorted weapons of international capital. The central question, then, is whether a government is “willing to mobilize its people on behalf of the policies that meet the needs of people.” And this was the question I posed about Syriza in 2013: “do the stances taken by the Syriza leadership foster or weaken the movements from below?