January 7, 2013

Greece's Rotten Oligarchy

Kostas Vaxevanis, New York Times

AP Photo

Democracy is like a bicycle: if you don’t keep pedaling, you fall. Unfortunately, the bicycle of Greek democracy has long been broken. After the military junta collapsed in 1974, Greece created only a hybrid, diluted form of democracy. You can vote, belong to a party and protest. In essence, however, a small clique exercises all meaningful political power.

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TAGGED: Democracy, Greece, Eurozone, Europe

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