
“Mr. Lapavitsas describes the party’s platform as ‘a Keynesian program with redistribution attached, with some Marxist view of the world.’ He adds: ‘We are not ashamed of that.’ In the tradition of John Maynard Keynes, Syriza advocates public spending to reignite economic growth. Greece can afford to spend more if some of its debt is forgiven by other countries. Nikolaos Chountis, a Syriza candidate in Athens, ticks off the party’s spending priorities: food and electricity subsidies for impoverished households, a pension boost for the poorest retirees, a hike in the minimum wage and tax cuts for low earners.”
http://www.wsj.com/articles/syrizas-rise-fueled-by-professors-turned-politicians-1422045127
Related posts:
Want to Be Rich? Salary Alone Won't Get You There
Indian gold smugglers take body route to outwit customs
Indian gold imports set to resume after 4-week halt as export rule clarified
Who's minding the nukes?
India's finance minister says current account deficit worrying, eyes gold curbs
Digital River may buy into Bitcoin
DEA warns Utah that legal pot could lead to stoned rabbit attacks
Big changes planned for Iraqi stock markets
Rio police tear gas thousands at protest demanding health care and education
Fund manager Ned Goodman ditches bank stocks for gold
The ongoing criminalization of poverty
Russia halts rocket exports to US, hitting space and military programmes
Woman sues Japan’s biggest yakuza boss, seeking refund of ‘protection money'
Health Insurers Will Be Charged 3.5% to Use Federal Obamacare Exchanges
'You were rude to the President' Medea Benjamin: 'Killing innocent people with drones is rude'