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My criticism is not the same as Wolf or Münchau's, though.

The point is, something needs to be done for people who are going to, very soon, be suffering the ravages of the neo-liberalism "Western" political elites, not just in the UK and the US, have foisted on their countries. Or, we can not do something, and have the parties who are supposedly there to represent working people and are considered "respectable," the PS in France, the SPD in Germany for starters, sit on their hands and continue their very public strategery of infighting, and watch the consequences.

I suspect in Germany this will lead to big big gains in next year's election for Die Linke. Which is, I guess, a very nice silver lining, as it's been a long time working people had real representation in a major European country.

And speaking of Die Linke, Dodo's translation of Oskar Lafontaine on the subject is virtually identical to my own. Austrian school, Anglo school....it's really hard to quite know which economic ideology is worse for working people.

Fai de bèn a Bertrand, te lou rendra en cagant

by redstar on Thu Dec 4th, 2008 at 05:55:02 AM EST
[ Parent ]
To comment both you and Jérome: methinks the FT crew is advocating recless debt spending and is trying to shift blame from the recklessness of the Anglo diseased, but you aren't, you just saw your own views with a superficial reading of Münchau's.

I suspect in Germany this will lead to big big gains in next year's election for Die Linke.

Would be nice! Always the pessimist, at this stage, I expect a much stronger trend to non-voting (both from the SPD and the CDU) than to the Left (even despite the fact that the Left Party's gains are in no small part from previous non-voters).

*Lunatic*, n.
One whose delusions are out of fashion.

by DoDo on Thu Dec 4th, 2008 at 06:40:37 AM EST
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