“The chances of using nuclear weapons in times of crisis, such as today, are increasing. “I’m afraid we have to live with the reality of war and that means we have to learn to live with the possibility of using extreme weapons, even nuclear weapons.” This was stated by Mr. Martin Wolf, Chief Economist Commentator of the Financial Timesin the 7th Delphi Economic Forumperformed April 6-9 and is under the auspices of the President of the Republic, Katerina Sakellaropoulou.
In the discussion that took place with him Kathimerini columnist and author, Taki Theodoropoulosthe global economic and ideological pains caused by the military invasion of Ukraine were put on the table.
THE Mr. Wolf clarified that: “The West, the major liberal democracies, the US, Japan, Australia, Canada have 2.5 times more power than China and Russia, so we can offset this bloc.”.
He spoke in support of the US Alliance, but said that maintaining some independence was not the answer. “The alternative of doing nothing is unacceptable”.
As stressed by Financial Times columnist, “Ukraine is a very large country that raises fundamental and existential questions about Europe”. In particular, as he said: “The challenge is geopolitical for Europe and it has to decide whether or not to become a player in supranational issues.”adding that: “Europe must decide whether it is willing and able to act on geostrategic issues despite the problems it faces.”
As he characteristically stated: “There are only bad choices,” he said, adding that “the war will continue for a long time and there is very little we can do.”
The keynote speaker spoke of a crisis of democratic capitalism. “We see the world distinguishing between a democratic and a not-so-democratic camp, as a succession of the Cold War,” he said, describing the Putin government as “an authoritarian regime that tends to become increasingly authoritarian.”
Distinguishing between patriotism and nationalism, and comparing Putin and Zelensky Mr. Wolf He stressed: “Democracy can only work if there is patriotism. Citizens need to feel that they are sharing something very important with their fellow citizens. Nationalism, however, is driven by the belief that we are part of a people to whom everyone must have faith and obedience, as expressed by the national leader. It was an important “tool” in the post-monarchy period, while we met it in the experiences of the interwar period “.
As he said: “This is the philosophy expressed, with many philosophical and mystical elements expressed by Putin. “On the other hand, Zelensky expresses the free democratic view of a people under the Damocles sword of an invasion,” he said, noting that the “liberal democratic factor is not satisfied with developments at the moment.”
For his part, Mr. Takis Theodoropoulos he mentioned that “In the new treaty created by developments, it is no longer a battle between communism and capitalism, but a conflict between emancipatory tyranny and liberal democracy.”
While he made special reference to the awakening of the EU, because of the war in Ukraine. As he described it as “a great illusion of the EU that it can build a huge political structure, without crises, something that has never happened in history”. “These crises have awakened Europe to a good night’s sleep”he said.
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