Posts Tagged ‘Syriza’

Look at Syriza. Look at Greece. That’s what Jeremy Corbyn would do for Labour and Britain

14/07/2015, 11:38:45 AM

by Kevin Feeney

During a recent twitter discussion about the lessons to be learnt from the latest stage of the interminable saga of the Greek crisis, one of Britain’s finest centre-left commentators, Phil Collins, claimed that it was quite simple; there are in fact no lessons for the British left from Greece.

After six months of hyperbolic nonsense about a war between democracy and austerity from many sections of the Labour party, this is an understandable reaction – especially in light of the colossal differences between the societies, political systems and present economics of the two countries.

Nevertheless, Collins goes too far here – there are in fact two key lessons which we might usefully draw, even if these are more reinforcements of points that might have been guessed before rather than innovations.

  1. The far left can win (just about, if presented with the total collapse of the political system)

Commentators like Collins spend much of their time pointing out to the sort of people now backing Jeremy Corbyn for Labour leader that they can’t possibly win a general election. Many of them now respond that Greece’s election of the far left Syriza proves otherwise and it’s true; all it would take would be the complete implosion of the economy, political system and much of civil society and the UK too could have an extremist government.

In Greece, even presented with all of those things and a five year depression under the major parties of left and right, the far left still barely crawled over the finish line on a vote share so low that it was below that won by the second placed party in every Greek election between 1985 and 2009, necessitating coalition with Greece’s equivalent of UKIP.

This is not to suggest that this government lacks legitimacy. The Syriza regime, after all, possesses almost as much legitimacy as Cameron’s Conservatives, who won a higher vote share on higher turnout months later.

Yet it has required an enormous amount of spin and new levels of self-delusion for many on the left to convert a bare mandate from an exhausted and disillusioned electorate reckoning things can’t possibly get any worse into what one columnist hilariously dubbed “the politics of hope.”

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Ed Miliband is more Syriza than serious. The attack on Boots will backfire

02/02/2015, 07:49:43 PM

by Samuel Dale

Today the leader of Her Majesty’s Opposition Ed Miliband, prospective Chancellor Ed Balls and future minister Chuka Umunna were tearing shreds out of well-known chemist, Boots.

With less than 100 days to a general election Labour is not promoting a new policy to boost growth, there are no proposals to boost pensions or housing (or, heaven forbid, cut the deficit) so instead the party returns to its old favourite: business bashing.

In an interview with the Sunday Telegraph Alliance Boots executive chairman Stefano Pessina said a Miliband Government would be a “catastrophe” for Britain.

Pessina didn’t go into policy detail but made it very clear that he thought Miliband would be a Hollande-style disaster.

It’s hardly a surprise that major businesses are criticising a party that is planning to raise corporation and income tax, impose price controls, tax tobacco firms, fund managers, pensions, payday lenders and banks while increasing the regulation of energy firms, railways, financial services and employment law.

Meanwhile, the Tories want to cut taxes across the board and attract as much business to Britain as possible.

It is emphatically not a surprise to see a business leader speaking out, Ed Miliband has done everything he can to bait them.

He has made no olive branch to recognise business’ role as job creators or tried to attract more foreign companies and investment to the UK.

Instead of responding to Pessina with a list of pro-business policies, Labour has none. It has no choice but to go on the counter-attack.

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Golden Dawn’s neo-Nazis came third and wait in the wings. Europe must remember that when negotiating with Syriza

26/01/2015, 09:36:33 AM

by Ranjit Singh Sidhu

It has been a few years since the great financial crash, which started when the US financial houses saw the products they created out of junk and sold as pure gold turn back to worthless junk. One by one they were either scarified or saved, with a notable survivor being one of the biggest culprits of all: Goldman Sachs.

We can look back and see how the contagion spread across the world leading to government after government instinctively cutting back spending, this in turn leading to an inevitable spiral down first to recession and then to a depression, every area of the globe entering a period of unrest.

In Europe one country, being bound by a financial accord that meant it was dictated economically by others, suffers worst of all.  Unemployment had risen from 8% to 30%, it has also  lost 42% of it’s economic output. With the old political order seen as failing the people turn to alternative radical parties. In just 3 years one party that polled 2.3% now is on the edge of power: It has 1.4 million members and stands on the edge of gaining power with 37% of the vote.

Sound familiar?

The party is the National Socialist Party, the country Germany in 1932 ,the financial crash that of Wall Street 1929 ( and yes, Goldman Sachs was pivotal in selling junk in that crash as well) .

On the 31st of July 1932 the Nazi party received 37.4% of the vote and became the largest party in the Federal Elections.  The German people’s rising anger towards the financial reparations of the Treaty of Versailles had been shown a few years earlier when the referendum calling for the abolition of  the ‘Law against the Enslavement of the German People’ received  94%  of the vote.

As Syriza goes about building a government,  Greece stands with 30% of its economic output gone since 2009, unemployment at 26% and youth unemployment at 50%. We must not be deaf to history and what can arise when economic destruction is imposed on a country.

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