What does austerity look like? (Part Two)

There’s another, disarmingly simple way into the austerity story. Yesterday, walking up one of the neighborhood’s main commercial streets, I noticed I’d just passed several empty storefronts in succession. Empty storefronts aren’t unusual, but three or four in a row caught my attention. I realized that I’d been walking by these places for the last three weeks without understanding their significance. I decided to walk the immediate neighborhood and try to get a sense of how many places were out of business.

What I discovered astounded me. It’s easy, in the bustle of a street full of pedestrians, with Athens’ crazy traffic and 6″ wide sidewalks, to never notice what you’re passing. When you look more carefully, what you find is stunning.

Zafiri’s neighborhood, Xalandri, is among the wealthiest areas of Athens. Proportionally, it has suffered far less than most from the effects of austerity. Yet, even in Xalandri, the effects are enormous. Here are some photographs that encompass an area equivalent to about 3 or 4 U.S. city blocks:

Austerity in Greece is hundreds of thousands or millions of people with no hope for today and no expectation of a better tomorrow. It is towns and cities with shuttered, empty businesses on every block. Greece has always been a nation of small shopkeepers and entrepreneurs. Other than the big shipping empires, it has almost no big industry, no multinational headquarters, no vast industrial zones. Austerity has preferentially killed these small economic engines, reduced their owners to penury, and, in doing so, hollowed out the Greek economy from inside. The shell still glitters, but the hopes of millions of families for a better future – the hopes that underpinned the whole thing – have been dashed.

I’m not an economist, but to me this defies common sense. It seems intuitively obvious to me that reducing a country to poverty is not a policy likely to ensure the repayment of debts. Destituting a large part of a country’s population, the vast majority of whom have had no connection with the economic problems that led to the crisis, looks to me like a form of economic warfare with untold numbers of innocent casualties.

When I arrived in Greece three weeks ago I couldn’t really find the signs of austerity. Three weeks later, they’re inescapable.