[lbo-talk] Where did the Left Go?

Wojtek S wsoko52 at gmail.com
Mon Nov 14 06:32:09 PST 2011


Chuck: "As far as I can tell nothing short of a bloody revolution is going to stop these bank pigs."

[WS:] Yup. However, after Gramsci I am not sure whether it is a realistic possibility in the EU or the US.

Wojtek

On Sun, Nov 13, 2011 at 11:05 PM, Chuck Grimes <c123grimes at att.net> wrote:
>
> The Occupy Wall Street protests in the US are also directed against the
> Street's representatives in the Democratic Party and the White House. The
> protesters probably don't know that Socialists in France still consider
> Barack Obama exemplary. Is there a misunderstanding? Those who are unwilling
> or unable to attack the pillars of the neoliberal order (financialization,
> globalization of movements of capital and goods) are tempted to personalize
> the disaster, to attribute the crisis in capitalism to poor planning or
> mismanagement by their political opponents. In France it's Sarkozy, in Italy
> Berlusconi, in Germany Merkel, who are to blame. And elsewhere?
>
> Elsewhere, and not only in the US, political leaders long considered as
> models by the moderate left also face angry crowds. In Greece, the president
> of the Socialist International, George Papandreou, is pursuing a policy of
> extreme austerity: privatizations, cuts in the civil service, and delivering
> economic and social sovereignty to a ultra-neoliberal troika. The conduct of
> the Spanish, Portuguese and Slovenian governments reminds us that the term
> left is now so debased that it is no longer associated with any specific
> political content.
>
> http://www.counterpunch.org/2011/11/11/where-did-the-left-go/
>
> This is fairly long, but makes a good companion piece to Doug's interview
> with Yanis Varoufakis on Saturday. Varoufakis had a very helpful explanation
> for why going back to the Drachma wouldn't work, but I can't remember the
> details. Something about a run on banks...
>
> Another thing about EU woes that strikes me as completely disingenuous is
> the portrayal of Greece, Italy, Spain and others now under threat much like
> Anglo bigotry towards Latinos. Ever watch those guys work construction? I
> did a one day laborer spot with a Brazilian gang and almost died. Got home
> spead eagle on the floor for 9/hr. I couldn't live on 9/hr. There is
> something deeply wrong with standard economic concepts like productivity and
> efficiency which evidently has nothing to do with labor.
>
> Getting back to the EU south. The real issues are about saving the US and EU
> banks and bond holders. Now that Italy and Greece have turned their
> governments over to former bankers, what next? As far as I can tell nothing
> short of a bloody revolution is going to stop these bank pigs.
>
> CG
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