Rebuttal of anti-Communism

Dennis R Redmond dredmond at OREGON.UOREGON.EDU
Thu Oct 15 14:44:57 PDT 1998


On Thu, 15 Oct 1998, Brad De Long wrote:


> Face it: the only "really existing socialist" head of government whom you
> or I would have elected to a post any higher than that of neighborhood
> dogcatcher was Salvador Allende. (Well, maybe Daniel Ortega; but maybe not.)

What, Willy Brandt and Oskar Lafontaine don't cut it? Speaking of Eurochaos, get set for an absolutely *ferocious* struggle in the months ahead vis-a-vis the European Central Bank: a story in the Tageszeitung reports that the ECB has agreed on a target of 2% annual inflation. Meanwhile, our man Oskar, future finance minister, grabbed the headlines by saying interest rates needed to be slashed, in a hurry, everywhere in Europe. Combine this with Jospin's dextrous coup de grace to the MAI, and you have all the ingredients for a pitched fight on the ramparts of Eurocapital. And for the first time in 25 years, the sado-monetarists are on the run. Forth to Bailout Socialism, comrades!

-- Dennis



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