Political Economy Research says Yanis Varoufakis is a classic reformist believing that revolution today will bring Fascism when in reality it is the failure of Reformism and lack of a revolutionary path to Socialist Transformation in Greece will boost the Greek Nazis of the Golden Dawn. Their echoes of history from the 1920's and 1930's resonate when the reformists prepared the way for Fascism and opposed revolutionary communism.
Yanis Varoufakis castigates Marx for his 19th Century mechanism but does not understand the dialectic of 20th century history where reformism by failing to transform capitalism into socialism paved the way for Fascism and saw the transformation of "Social Democratic Erratic Marxists" like Rudlf Hilferding into apologists for "organised"capitalism.
The failure of the German Revolution and the Crisis of 1929 brought forth the erratic Marxist Rudolph Hilferding and the Crisis of 2008 has now brought forth the erratic Marxist Yanis Varoufakis.
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