The political ‘left’ is dead. I have always insisted that any modern so-called leftist party willing to engage the bourgeois political system on its own terms cannot reasonably expect to bridle capitalism in a ‘progressive’ capacity at this point in its development. The basic structure of institutions like the Euro undermine that very enterprise.
Former Finance Minister Varoufakis learned that lesson quickly enough and had enough integrity and foresight to remove himself from the negotiations that immediately followed the referendum.