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Showing posts with the label "Third Way"

Capitalism

State intervention may be back, but don't assume neoliberalism is dead Related Here is what the Financial Times , a supporter of neoliberal capitalism of last 40 years is suggesting to reform a system in a deep crisis and thus preserve it: "Radical reforms — reversing the prevailing policy direction of the last four decades — will need to be put on the table. Governments will have to accept a more active role in the economy. They must see public services as investments rather than liabilities, and look for ways to make labour markets less insecure. Redistribution will again be on the agenda; the privileges of the elderly and wealthy in question. Policies until recently considered eccentric, such as basic income and wealth taxes, will have to be in the mix."
Genealogy of an era One should add a list of add-ons which helped gain the consent of the majority: Credit cards Low budget airlines Gadgets and consumerism Threat of an internal-external enemy vs. "our values" "There is no alternative" (after the collpase of the Soviet Union) A massive pile of TV series and movies Promoting individual advancement (underming solidarity and trade unions) Etc. The Third Way International
Spain The new government have little room to maneuver economically as they have agreed to carry over the existing PP budget for the next year as well as to respect the European Union’s fiscal rules. It is also highly unlikely they can repeal the PP’s labor reforms as this would require the support of right-wing regional nationalists. And so in terms of improving the material conditions of the working class, it will be complicated to pass any substantive measures. In reality Sánchez is a social liberal, a descendant of Tony Blair and Gerhard Schoeder’s  Third Way . He did win back the PSOE leadership [after a palace coup against him eighteen months ago] by appealing to the desire of his party’s members for a more left-wing line, but he never really believed in it himself. He should not be underestimated politically. He is extremely ambitious and determined but is more like a Macron or Albert Rivera — an empty vessel onto which you can project various ideological elements. ...
Reposting Emmanuel Macron is a Silicon Valley-loving, union-hating, Third Way centrist. He’s no bulwark against the far right. "Emmanuel Macron is not your friend"