Varoufakis argued that the ideologues on the Greek debt question were not those who insisted that unpayable debts were unpayable. The ideologues were the conservative disciplinarians in the Eurogroup who insisted that debts must be paid as a matter of principle regardless of the cost. The “system” that Varoufakis attacked was not capitalism but Europe’s moribund and dysfunctional austerity fixation and its collaborators in Greece and beyond.
