Home > Greece > From the comfortable obscurity of academia to become one of the most recognised politicians on the planet

From the comfortable obscurity of academia to become one of the most recognised politicians on the planet

from The Observer

The island of Aegina is just 17 miles from Athens, a mere 40 minutes’ dash on a hydrofoil. Owing to its proximity to the Greek capital, it’s less a tourist island than a second-home sanctuary for wealthy Athenians, but it boasts several impressive classical sites and a distinguished history. Not only was it briefly the capital of a newly liberated Greece in the 19th century but back in the 7th century BC it was the first Greek state to mint its own coins.  Varoufakis1

Given Greece’s current predicament, trapped in the euro and an ever-expanding debt crisis, that last fact is a monetary irony not lost on one particular wealthy Athenian on Aegina. Sitting on top of a hill a few minutes’ drive from the port is the holiday home of Yanis Varoufakis. He is the former finance minister of Greece, although that’s hardly a description that befits the man’s legend. Gikas Hardouvelis is also a former finance minister of Greece, but no one has heard of him.  

It would be more accurate to say that Varoufakis is the former finance minister of Greece who took on the global banking system, the European political elite and, in the minds of many, the great god of capitalism itself. His is a story so full of drama and symbolism that it contains more than a hint of Greek myth. 

An economics professor by occupation, he went in a few months from the comfortable obscurity of academia to become one of the most recognised politicians on the planet.  read much more

  1. August 23, 2015 at 11:48 pm

    Morale: If your’e gonna print your own money, you better have the guns to back you up!

  2. August 24, 2015 at 11:51 pm

    Disappointing article. The author belittled all of Varoufakis’ reasonable arguments, calling them “theory” or “lecturing”, and just imposed his own cliche interpretation that V. is an “idealist”, whereas the world needs pragmatists.

    So no-one should ever try to fix a broken system, that would be idealist. One should simply pragmatically accept what the idiots impose.

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