Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
There is a good chunk of the article that describes (reasonably fairly, I thought, but maybe I'm just misinformed) the origins of the Linkspartei from the merger of the old PDS and the Lafontaine group.

Even with the qualifiers, the Economist hardly paints a positive economic situation, and clearly flags what happens when you reform - lower wages, inequality and rising poverty. I found that newsworthy (I originally intended to do a FP post with that paragraph, but as you posted this story, I added it here).

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Tue Oct 16th, 2007 at 10:31:18 AM EST
[ Parent ]
Yep, towards the second half, there is a reasonably good description, but they still go into it through more spin on ex-communists:

The Left Party is the third incarnation of East Germany's Socialist Unity Party...

It was a bust-up within the SPD that gave the Left Party its purchase in the west.

It is indeed newsworthy that The Economist gives out so much about a negative post-reform picture. But they will never go too far, and I just noted that. More in the theme: first, I suspect the picture itself comes from DIW rather than the journalist looking up data on his won. Second, towards the end:

the Left Party ... could be hurt by a more populist SPD, by greater prosperity (incomes have picked up during the revival of the past two years)

Maybe brutto and running prices. But netto real wages decreased, and netto real available income per inhabitant (AFAIK the best measure of how much people can spend) is stagnant.

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

by DoDo on Tue Oct 16th, 2007 at 12:10:47 PM EST
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It's funny: everytime the SPD rules, a new party emerges on the left and grabs its voters.

/not historically accurate

"If you know your enemies and know yourself, you will not be imperiled in a hundred battles." Sun Tzu

by Turambar (sersguenda at hotmail com) on Tue Oct 16th, 2007 at 12:14:13 PM EST
[ Parent ]


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