teqniq
DisMembered
by turns both amusing and scathing
The last thing Labour needs is a leader like Jeremy Corbyn who people want to vote for
The last thing Labour needs is a leader like Jeremy Corbyn who people want to vote for
Interesting article about Corbyn and the EU here: http://www.theguardian.com/politics...ition-future-britain-eu-membership?CMP=twt_gu
I didn't read it so bleakly, I took more that Corbyn questions the EU for different reasons than Cameron while his competitors for the Labour leadership are simply pro EU without having much principle about it.It's not really interesting so much as a continuation of the previous red-baiting. Oh no Corbyn is against the EU (despite saying explicitly he is in favour of staying in) which means he's against stuff that middle-class 'left' liberal Guardistas like... like french cheese, cafés and posh wine and he probably likes racism or something as well as communism!
Thing is, no one is real talking about Social Democracy (hence my thread on it). People are wafting vague "anti-austerity" slogans which ultimately boil down to a bit of tax here, a bit of public spending there and so on. It's not Social Democracy. It's not even standard mainstream Labour fare from the 80s and 90s.
There are no concrete ideas - utopian or realistic - being raised by "the Left" that are caring about Corbyn (or the People's Assembly or any of these schemes).
A genuine examination of (for example) Social Democracy, where it came it from and to realise it today, would at least be interesting and initially credible (certainly more credible than some blind hope in an undefined shift led by Corbyn or Jones or Brand or whatever).
But there's not even that.
I may be out of date, and don't really know anything about those situations.Icelandic government continues attacks on workers and unions
http://icelandreview.com/news/2015/07/15/court-sides-administration-strike-law-dispute
More info here
http://icelandreview.com/news/2015/06/15/bhm-bring-suit-against-government
Joined up yet? Not seen you pass up a liberal bandwagon before.I may be out of date, and don't really know anything about those situations.
But Iceland has had the following rates of real terms average wages increase since 2011... 2.6%, 2.5%, 1.7%, 3.7%. They have 2.9% unemployment, and their Gini coefficient has dropped from 29.6 in 2008 to 22.7 in 2014.
http://www.statice.is/Statistics/Wages,-income-and-labour-market/Income-distribution
It's not really interesting so much as a continuation of the previous red-baiting. Oh no Corbyn is against the EU (despite saying explicitly he is in favour of staying in) which means he's against stuff that middle-class 'left' liberal Guardistas like... like french cheese, cafés and posh wine and he probably likes racism or something as well as communism!
We as in the UK government are doing austerity voluntarily, the UK hasn't been forced into it by the ECB as Greece, Spain, Ireland etc were.'kinnel mate.
I've done the £3 thing to get a vote, If there's a chance of getting a left winger as Labour leader then that's worth a £3 punt IMO.Joined up yet? Not seen you pass up a liberal bandwagon before.
BeautifulI've done the £3 thing to get a vote, If there's a chance of getting a left winger as Labour leader then that's worth a £3 punt IMO.
OK, so not we, then? It's funny how all states in the EU and beyond have 'voluntarily" decided on a course of fiscal consolidation to reduce the size of the state. You reckon that's 'free will', do you?We as in the UK government are doing austerity voluntarily, the UK hasn't been forced into it by the ECB as Greece, Spain, Ireland etc were.
I'm in no way thinking that corbyn as Labour leader would magically sort everything out, but it'd shake things up significantly.
I'll be surprised if the neoliberal lot don't manage to pull it together to defeat him, but worth a punt.
would you care to pick up the other end of that stick?OK, so not we, then? It's funny how all states in the EU and beyond have 'voluntarily" decided on a course of fiscal consolidation to reduce the size of the state. You reckon that's 'free will', do you?
It is true that the UK Treasury is free to do what 'the markets' will accept, whilst the Eurozone states are only free to do what 'the markets' tell the ECB is acceptable.would you care to pick up the other end of that stick?
My point was simply that we as in the UK are in a different position to that of Greece, Spain, Ireland, France or any other Eurozone country, as we are not beholden to the ECB.
As a country we could simply decide not to implement austerity measures, whereas those countries can't do that because ultimately the ECB can decide to cut off the supply of Euros to their banks, at which point due to fractional reserve banking, they're fucked.
Obviously we're not completely immune to the influence of international capital, but that is a massive difference between the UK and the Eurozone countries, and other than Osbourne, the ECB is currently main international advocate of austerity.
ok, but as a counter example to the austerity narative, the markets are perfectly happy to accept Japanese levels of government spending and debt to gdp ratios. Japanese 10 year bond rates fell from 1.5% in 2008 to 0.4% now, at the same time as government spending has increased by around 10%, and debt to GDP ratios have increased from 175% to 230%.It is true that the UK Treasury is free to do what 'the markets' will accept, whilst the Eurozone states are only free to do what 'the markets' tell the ECB is acceptable.
The 'markets' are perfectly happy with debt; it's how they extract £bns from ordinary taxpayers. Why do you think that Osborne has been able to maintain such enormous deficits and debt and see bond yields stay so low?ok, but as a counter example to the austerity narative, the markets are perfectly happy to accept Japanese levels of government spending and debt to gdp ratios. Japanese 10 year bond rates fell from 1.5% in 2008 to 0.4% now, at the same time as government spending has increased by around 10%, and debt to GDP ratios have increased from 175% to 230%.
So the international markets don't actually seem to be too arsed about the austerity narrative when it's a strong country with a strong economy and its own currency.
Japan does of course have a major advantage in that it's a significant net exporter, and hasn't really opened its internal markets up in anything like the way we have.
but as Japan shows the markets will clearly continue to loan money to countries who aren't implementing austerity or that small state agenda as long as they have strong economies and their own currencies, so aren't actually a block to us ending austerity unilaterally.The 'markets' are perfectly happy with debt; it's how they extract £bns from ordinary taxpayers. Why do you think that Osborne has been able to maintain such enormous deficits and debt and see bond yields stay so low?
It's important to realise that 'austerity' or fiscal consolidation is only connected to national debt in that it is used by market compliant regimes as a justification for fincap's small state ideological agenda.
You might want to check out Japanese fiscal policy throughout the two 'lost decades'.but as Japan shows the markets will clearly continue to loan money to countries who aren't implementing austerity or that small state agenda as long as they have strong economies and their own currencies, so aren't actually a block to us ending austerity unilaterally.
The markets forcing austerity on countries is one of the austerity advocates myths to justify their imposition of austerity IMO.
Interesting article about Corbyn and the EU here: http://www.theguardian.com/politics...ition-future-britain-eu-membership?CMP=twt_gu
YepCorbyn must be absolutely miles ahead if they are going to come out with nonsense like that.
The markets forcing austerity on countries is one of the austerity advocates myths to justify their imposition of austerity IMO.
There is speculation that 140,000 more activists could be eligible to vote than before the general election - with many of them signing up just to back Jeremy Corbyn.
The Communist Party of Great Britain is among the groups that have urged supporters to join Labour and endorse the Islington North MP. Under new rules, they can pay just £3 and take part in the ballot.
Backbencher John Mann told the Sunday Times the contest was "totally out of control", and insisted acting leader Mrs Harman should step in so that proper checks can be conducted.
I didn't raise the point, and am discussing it to counter that narrative. In case you missed that distinction.We're now talking about 'the markets'. Nice one green party member and labour party supporter free spirit.
Are you or you not talking in terms of what 'the markets' will do?I didn't raise the point, and am discussing it to counter that narrative. In case you missed that distinction.
it is a myth.Well yes, I think that's right generally. Nearly all developed world governments are willing collaborators with fincap when it comes to imposing the small-state agenda; in that sense they do perpetuate the myth that they have been compelled (TINA). I suppose that is why so many of us were excited (to varying degrees) to see Syriza attempt to challenge that narrative and bust that myth.