Media. What will determine the outcome of the Greek Tragedy will be the influence media will be able to exercise over the people of Greece. Be it through print, TV or even more importantly, social media, how the various agencies are able to instill a sense of fear or responsibility into the minds of those who will vote on Sunday will ultimately determine the outcome.
Personally I do not wish the people of Greece to be bullied along like this by the powers in Europe. I do not like the way that ignorant bystanders pass comments on the fact that they had it coming for them. The reasons why Greece (and ostensibly by extension Europe too) is in this fix are complex and far ranging. Suffice it to say that the can has been kicked down the street long enough. It is time for the impasse to be broken. In game theory, whenever the parties are in perpetual deadlock, any move on the part of the opposite party, no matter how radical, will be a welcome move as it will break the stalemate. Yanis Varoufakis, the Greek finance minister would agree.
As too will Europe. A new direction is required along with a proverbial shake up of the status quo. Secretly the IMF, ECB and the so called “Creditors of Greece,” whoever they may be, may have probably realised by now that the game has changed. Negotiations around a conference table in Brussels have been replaced by Tweets, blog posts, and Facebook status updates. The ability of social media to influence the Greek and European public this week is what will ultimately carry the day in Greece this Sunday.
Ultimately, it will be a battle of the hashtag. One only has to look back not to long ago at the role that social media had in the Arab Spring. There is no reason why Greece will be no different. Centuries ago this motley collection of proud islands and stoic Balkan rock gave the world much in: democracy, philosophy and mathematics, to just mention a few. Perhaps now, after many centuries of ignominy it may once again be able to show the world the way – the way that a small country using the tools of the digital age was able to stand up to its economic oppressors and say “NO!”
Now whatever way it goes one Sunday, no matter the outcome, it will make for a fascinating watch for those of us beyond Europe.