In Paul Krugman's Friday NYT column, the nobel laureate economist took a broad and deserved swipe at the "Austerians" and what he calls their 1 Percent Solution.
At this point, the austerian position has imploded; not only have its
predictions about the real world failed completely, but the academic
research invoked to support that position has turned out to be riddled
with errors, omissions and dubious statistics.
Krugman sees a sado-masochistic puritanical penchant at play among the Austerians.
We lived beyond our means, the story goes, and now we’re paying the
inevitable price. Economists can explain ad nauseam that this is wrong,
that the reason we have mass unemployment isn’t that we spent too much
in the past but that we’re spending too little now, and that this
problem can and should be solved. No matter; many people have a visceral
sense that we sinned and must seek redemption through suffering — and
neither economic argument nor the observation that the people now
suffering aren’t at all the same people who sinned during the bubble
years makes much of a dent.
Now that austerity, the hellspawn of incestuous mingling of rightwing politics and rightwing economics, has proven itself not only mistaken but horribly destructive, does this offer the Left an opportunity, even a mandate to stand up and reclaim its legitimate place? Should our New Democrats not be the first to denounce corporatism and return to their labour roots and restore Canada's Left not to mention our democracy?
There is underway now in Britain an instructive debate, a battle for the soul of the Labour Party. Britain's Trade Union Council has declared war on the "Blairites" within the Labour Party's shadow cabinet.
In The New Statesman, John Pilger shows how Thatcherism survives into today's Labour Party, a cautionary tale for the Canadian party seemingly intent on emulating them.
Geoffrey Howe, a Thatcher minister between 1979 and 1989, said, “Her
real triumph was to have transformed not just one party but two, so that
when Labour did eventually return, the great bulk of Thatcherism was
accepted as irreversible.”
In 1997, Thatcher was the first former prime minister to visit Tony
Blair after he entered Downing Street. There is a photo of them, joined
in rictus – the budding war criminal with his mentor.
When Ed Miliband, in his unctuous “tribute”, caricatured Thatcher as a
“brave” feminist hero whose achievements he personally “honoured”, you
knew that she had not died at all.
There are some New Democrats, the old faithful, who feel their own party is being Blairified by the redirection commenced by Jack Layton and now being pursued by Tom Mulcair. To them their party seems to be jettisoning its longstanding principles to become centrist, doing whatever it takes for a chance at coming to power.
This abandonment of the Left, this shift to the right, comes at a real price to the New Dems, to Parliament, and to the country. Even in their weakest moments in opposition, such as post '74, the New Democrats stood as the conscience of Parliament. They were the watchdogs of all to their right, Conservative and Liberal. Canada, the Canadian people and our Parliament need that conscience today more than ever before only no one is holding down the Left any more. That position has been vacated, abandoned.
In Canada, organized labour has been under a virulent attack by the Harper government since it first took power. The Liberals have shown no reason to believe they would restore Canadian labour to its rightful place. Is this not the moment for the NDP to reclaim the Left in service not only to their constituencies but the country itself?
You'd think so. But there's something fetid in the air on Parliament Hill. It attacks the brain cells. Everything becomes a blurry haze.
ReplyDeleteAnd then the drooling idiots on the government benches look semi-normal. The lobbyists sound like good people instead of inhuman scumbags, and the media sleaze like John Ibbitson and that O'Leary asshole seem like wisemen.
Neoliberaism has failed so consistently, so badly, so thoroughly, you'd think it's practitioners would be run out of town on a rail.
Alas.
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ReplyDeleteThwap, neo-liberalism has failed for whom?
ReplyDeleteIn point of fact it has succeeded brilliantly for the people for whom it was designed and intended to succeed.
You and I and everyone we know or have ever met are simply not among that number.
And it's their town and their rails.
If anyone is going to be run out of it will be you and I and everyone we know or have ever met.
Should the environmental apocalypse I believe the planet is facing somehow be avoided there needs to be a revolution.
I do not mean an allegorical or metaphorical revolution.
John Lennon be damned.
But I don't think the environmental apocalypse will be avoided.
The smartest guys in the room are too ignorant and venal to acknowledge any power other or greater than their own.
They will kill all of us to prove it.
Dana,
ReplyDeleteThank you. May I have your permission to use the phrase "environmental apocalypse" in the future?
The only policy that should matter to any sane human being is that the world is literally burning up while people argue and fight for minor projects. The human race is doomed if some damned fast moving people do not change the subjects.
No one understands or cares that the entire human race is going down. Not maybe, not someday, in the immediate next 10 years.
Those left after the food wars will have such terrible genetic mutations from the poisons in the air, land, water and human bodies that their offspring will be lucky to be called monsters.
Anon. I suspect its not my phrase and I have no idea if permission is required from anyone for an assembly of 2 words.
ReplyDeleteIf so I apologize to whoever used it first.
As well as to the person who first said, "If so I apologize to whoever used it first."
Which is after all 9 words not a mere two.
What a strange age we inhabit.