Nonetheless, a left that was no longer supposed to exist has returned. Neoliberalism is no longer without formidable enemies. In Spain, Podemos – which has closely aligned itself to Syriza – is surging in the polls, and similar forces may gain traction in other European countries too. Neoliberal hegemony is – gradually and unevenly – being chipped away. It is still hard to see a world free of it. But it is no longer impossible.
Possibly through it and out the other side in fact.
The tragedy of this is that the Greek situation has nothing at all to do with neoliberalism. The neoliberal answer, the standard IMF one in fact, would have been devaluation. What has crippled the Greek economy is not neoliberalism but the 1930s ordomonetarism of the Bundesbank.