Do we want free movement of capital in Europe? | 64 comments (64 topical, editorial, 0 hidden)

Re: Do we want free movement of capital in Europe? (none / 1)

They'd be better off colonising intellectuals and joining Beppe, imho.

I'm afraid the Farage ties will scare awy from Grillo any lefties who are not already in the M5S, and quite a few who are.

A society committed to the notion that government is always bad will have bad government. And it doesn't have to be that way. — Paul Krugman

by Carrie (migeru at eurotrib dot com) on Sun Jul 20th, 2014 at 01:36:23 PM EST
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Re: Do we want free movement of capital in Europe? (none / 1)

Well, if they don't believe in The Leader then they're not worth having, are they?

by Colman (colman at eurotrib.com) on Sun Jul 20th, 2014 at 01:42:29 PM EST
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Re: Do we want free movement of capital in Europe? (none / 0)

Migeru:

I'm afraid the Farage ties will scare away

Fear about fear.

Scary Farage, Scary Grillo!

To break the lockdown austerity mindset some risk will be inevitable.

Farage at his most unpalatably idiotic scares me a lot less than continued slo-mo shock troika doctrine.

The only thing that scares me about Grillo is when his ego blocks him from seeing when enough is enough.

It looks like you were right about linking with Farage being a poor move for MV5, since the regrettable means did not lead to an auspicious end, so far at least.

(Lady, Fat, sing).

Maybe no-one expected a cordon sanitaire either!

'The history of public debt is full of irony. It rarely follows our ideas of order and justice.' Thomas Piketty

by melo (melometa4(at)gmail.com) on Mon Jul 21st, 2014 at 03:29:58 AM EST
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Re: Do we want free movement of capital in Europe? (none / 1)

Yeah, scary Grillo. I didn't like it one bit when he made a fuss against decriminalizing illegal immigration. He showed the worst ugly-party populist instincts.

A society committed to the notion that government is always bad will have bad government. And it doesn't have to be that way. — Paul Krugman

by Carrie (migeru at eurotrib dot com) on Mon Jul 21st, 2014 at 04:28:31 AM EST
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Re: Do we want free movement of capital in Europe? (none / 0)

That was a long time ago and he corrected after his movement showed him a better way.

The way it should be...

Look, if you were here you'd see Beppe has backed off enormously since the elections, while his pariamentarians are steadily being true to their words, not terribly effectively because of 'La Casta' obstructionism so far, but they are not flagging in their fight. The job of 'opening up Parliament like a can of tuna' is a lot harder than one can possibly imagine from afar.

Easier pulling hundreds of full-grown boars out of a trough at feeding time with your bare hands.

Thanks again for filling in gaps in my Italian political education, as they are large and legion.

'The history of public debt is full of irony. It rarely follows our ideas of order and justice.' Thomas Piketty

by melo (melometa4(at)gmail.com) on Mon Jul 21st, 2014 at 10:38:30 AM EST
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Re: Do we want free movement of capital in Europe? (none / 0)

I can certainly understand the lure of making a tactical alliance with RW loons in order to force a change in the Euro. But for it to be worth it it has to succeed, and that seems unlikely. Then there must be a careful evaluation of the consequences. If it results in a voting majority for RW loons then any fix will be fatally compromised, making the whole situation possibly worse. There are real dangers in a 'the worse, the better' philosophy. But the European status quo regarding the Euro seems little better than a crypto-fascist cabal as it is.

"It is not necessary to have hope in order to persevere."

by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Sat Jul 26th, 2014 at 12:02:05 PM EST
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Strange bedfellows (4.00 / 2)

Just recently, someone posted approvingly about UKIP MEP Godfrey Bloom on one of the Podemos Facebook pages, because he told the rest of the MEPs "it won't be long before they storm this chamber and they hang you, and they'll be right". Prefaced by quoting "the great American philosopher Murray Rothbard"...

Recently melo quoted Grillo rhetoric about "opening the parliament like a can".

It so happens that Godfrey Bloom was expelled from the parliament for shouting "Ein Volk, Ein Reich, Ein Führer":

It so happens that Bloom said that in response to Schulz' suggestion that if the UK did not want a financial transaction tax for the EU, then the Eurozone alone could institute such a tax.

Presumably the Podemos supporters agree with the financial transaction tax... And don't get me started about the philosophy of Murray Rothbard.

A society committed to the notion that government is always bad will have bad government. And it doesn't have to be that way. — Paul Krugman

by Carrie (migeru at eurotrib dot com) on Sat Jul 26th, 2014 at 12:15:55 PM EST
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Re: Strange bedfellows (none / 0)

Somehow I dropped the third video in my post:

A society committed to the notion that government is always bad will have bad government. And it doesn't have to be that way. — Paul Krugman

by Carrie (migeru at eurotrib dot com) on Sat Jul 26th, 2014 at 12:29:23 PM EST
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Re: Strange bedfellows (none / 0)

From wiki:

Rothbard rejected the application of the scientific method to economics, and dismissed econometrics, empirical and statistical analysis, and other tools of mainstream social science as useless for the study of economics.[47] He instead embraced praxeology, the strictly a priori methodology of Ludwig von Mises. Praxeology conceives of economic laws as akin to geometric or mathematical axioms: fixed, unchanging, objective, and discernible through logical reasoning, without the use of any evidence.

Well, in his defense I can say that, at the least, he doesn't bother to pretend to be scientific.

"It is not necessary to have hope in order to persevere."

by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Sat Jul 26th, 2014 at 10:20:00 PM EST
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Re: Strange bedfellows (none / 0)

And now I know from whence the loons at the Von Mises Institute came.

"It is not necessary to have hope in order to persevere."

by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Sat Jul 26th, 2014 at 10:21:43 PM EST
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Re: Strange bedfellows (none / 0)

Just a pair of topical (fair and balanced?) links:

Zero Hedge: Economic Laws Are Not Optional

Salon.com: Why law schools love affair with economics needs to stop

by das monde on Sat Jul 26th, 2014 at 11:21:16 PM EST
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