Word: socialists
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Greeks were exhilarated in 1981 when Andreas Papandreou and his Socialist Party swept to power. Their enthusiasm has long since turned to bitterness and disbelief as the worst financial and political scandal in four decades engulfs Greece. The press, the Bank of Greece, a magistrate and Parliament are delving into charges of corruption, seeking to uncover how more than $210 million disappeared from the Bank of Crete. Charges of embezzlement, kickbacks and bribery, of banknotes stuffed into briefcases, have been leveled against high officials...
...scandal has scorched the Socialist Party (PASOK), and public cynicism has increasingly focused on the party's leader, Papandreou himself. The Prime Minister last September was already the target of snickering and outrage as he conducted a highly public extramarital liaison with airline flight steward Dimitra Liani, 34. As the parliamentary investigations dug through testimony, the question loomed: Was the Prime Minister aware of the crime all along...
...operated five magazines, three newspapers and a radio station. He bankrolled big hotels. A year ago, he bought Greece's wildly popular soccer team, Olympiakos. He created one of the world's most advanced printing plants. And until he fled Greece, Koskotas consorted freely with the country's ruling Socialist leaders. At 34, George Koskotas, the Greek wunderkind, had achieved a dazzling reputation in his own land...
...Koskotas accusations are extraordinary, though difficult to verify. In six lengthy prison interviews with TIME, the banker describes a Socialist government riddled by extortion and criminality. Koskotas charges that millions of dollars missing from his bank were actually payoffs that went directly to the head of the government, Andreas Papandreou, and PASOK officials. The Prime Minister, says the banker, personally authorized the plan to loot the Bank of Crete. Koskotas describes as well his own illegal complicity in the huge swindle, one that involves enormous sums hard to account for adequately...
...maybe there are some things money just shouldn't be allowed to buy, sensibly or otherwise. Socialist philosopher Michael Walzer added flesh to this ancient skeleton of sentiment in his 1983 book, Spheres of Justice. Walzer argued that a just society is not necessarily one with complete financial equality -- a hopeless and even destructive goal -- but one in which the influence of money is not allowed to dominate all aspects of life. By outlawing organ sales, you are indeed keeping the insidious influence of money from leaching into a new sphere and are thereby reducing the power of the rich...