He presents himself as both insider and outsider to this world. As if sketching a scene for a film script, he recounts a meeting with Larry Summers in a Washington bar, where Summers tells him that he must decide which he is going to be: an insider or outsider. It is clear that Varoufakis glories in being one of them, while still wanting us to believe that he is simultaneously on our side. He speaks of how great it was to have the support of Larry Summers, Norman Lamont, and other figures on the Right, but it was support for whom, for what, and in whose class interests? Class analysis is far from the foreground of the picture sketched out here. [...]
However, Varoufakis’s book conceals as much as it reveals. Most importantly, it does not clearly conceptualize the sociohistorical forces at play, both because of an overbearing egocentrism and a lack of systemic analysis. Capitalism disappears in the play of elite personalities, primarily his own. [...]
Varoufakis constantly uses phrases like “my solitary struggle” and tells the story in a way in which everyone else’s role is blurred, distorted, or even invisible. Syriza barely exists. The Greek Left are nearly absent. The Greek people fade into the background. It is a landscape of elite players and anonymous masses. [...]
He declares early on that there are “no goodies or baddies in this book,” but only people doing their best, as they understood it, in circumstances not of their choosing. This is not, however, how he writes it. He characterises some players as goodies, primarily himself and his band of star foreign economists, and others as baddies, although he is kinder to the troika than to certain figures in Syriza, whom he accuses of treachery. His preference for figures of the Right, such as Norman Lamont and Jeffrey Sachs, over the Left, in addition to his conceptualisation of many matters, make me wonder if he even understands the difference between right and left.
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