By Niall
Ferguson
It can be a
mistake to laugh at fascists. Charlie Chaplin mocked Hitler and Mussolini in The Great Dictator. P.G. Wodehouse had fun with his
preposterous parody of Oswald Mosley, Roderick Spode. But Nazism turned out to
be no joke. Today Chaplin’s film, for all his comic genius, is embarrassing to
watch, while Wodehouse lived to regret his complacency about what was brewing
in Berlin.
So when a party
called “Golden Dawn”—which has something that looks a lot like a swastika as
its logo— starts denying aspects of the Holocaust and heaping opprobrium on
immigrants, it’s best to keep a straight face. Sure, they’re Greeks, not
Germans. Sure, their party leader, Nikolaos G. Michaloliakos, is about as
-charismatic as a barrel of rotten olives. But if elections were held tomorrow,
these guys could become the third-largest party in the Greek Parliament.
The Greeks are
the extreme case. But maybe that’s only because economically they are the
extreme case. This year the Greek economy is forecast to contract by 7 percent.
Unemployment is at 23 percent and youth unemployment a mind-blowing 54 percent.
Under these circumstances, it would be rather remarkable if people were
patiently sticking to the mainstream parties of the center-left and
center-right.