tcpip: (Warpath)
[personal profile] tcpip posting in [community profile] socialists
In three recent elections, centre-left parties have either been defeated (Australia, Norway) or have failed to achieve government (Germany). In two of these cases, it's a major setback because for Norway and Australia, the social acquisition of public resource wealth is being taken away.

Norway suffered a most unusual problem: "Our biggest challenge is that our oil wealth is so huge we run the risk of wasting it on substandard projects that are not profitable enough." Take the time to listen to this interview on why deriving public income from natural resources is much better than taxes on wages.

In Australia, mining companies and polluters have run a savage campaign against both carbon emissions pricing, and the resource rent on mining. The incoming right-wing government, heavily backed by the Murdoch Press, has vowed to support the pollutors and mining monopolists.

In Germany, the overall left vote remained stable (Social Democrats up, The Left down, Greens down), along with a big swing to the conservative CDU/CSU, but with the Free Democrats losing 10%. As a result the conservatives must find a coalition partner; instead of the Social Democrats seeking an alliance among The Left and Greens, they are seeking a Grand Coalition with the conservatives. The last time they did this, they were absolutely hammered in the following election.
Anonymous( )Anonymous This account has disabled anonymous posting.
OpenID( )OpenID You can comment on this post while signed in with an account from many other sites, once you have confirmed your email address. Sign in using OpenID.
Account name:
If you don't have an account you can create one now.
HTML doesn't work in the subject.


Notice: This account is set to log the IP addresses of everyone who comments.
Links will be displayed as unclickable URLs to help prevent spam.

September 2017

171819 20212223

Style Credit

Expand Cut Tags

No cut tags
Page generated Sep. 22nd, 2017 06:22 am
Powered by Dreamwidth Studios