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» babble   » current events   » international news and politics   » There is almost no way to distinguish left from right

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Author Topic: There is almost no way to distinguish left from right
Frustrated Mess
Babbler # 8312

posted 26 October 2008 08:55 AM      Profile for Frustrated Mess   Author's Homepage     Send New Private Message      Edit/Delete Post  Reply With Quote 
Gerhard Schröder declared 10 years ago, during the Third Way and New Labour honeymoon, that "economic policy is neither left not right. It is either good or bad". Ten years later, we are allowed to conclude that this was a self-fulfilling prophecy. When he made his declaration, 11 out of 15 governments of the then European Union were run by socialists. Now, election after election, country after country, the left is elbowed out from positions of power. In the course of the last decade, social-democratic parties have presided over the economic policy of privatisation of gains and nationalisation of losses. They ran states preoccupied with deregulation, privatisation and individualisation.

At the end of the New Labour decade, Gordon Brown leads the all-European effort to mobilise the taxpayers into the campaign to recapitalise the capitalist economy, saving it from the consequences of its own greed and inbuilt suicidal tendency. There is almost nothing left to distinguish left from right in economic, or any other, policy.

Indicting the "Third Way".

From: doom without the gloom | Registered: Feb 2005  |  IP: Logged
Babbler # 15179

posted 26 October 2008 09:08 AM      Profile for genstrike   Author's Homepage     Send New Private Message      Edit/Delete Post  Reply With Quote 
I have to disagree with the concept that the left and right are indistinguishable, I think it is more that the traditional parties of the left have abandoned left-wing thought and retain only their names (Labour Party, Socialist Party, etc.) as a historical curiosity.
From: winnipeg | Registered: May 2008  |  IP: Logged
George Victor
Babbler # 14683

posted 26 October 2008 09:09 AM      Profile for George Victor        Edit/Delete Post  Reply With Quote 
Ronnie Raygun really started something with his "lower taxes" didn't he.

And of course, the investment and banking industry were appealing to folks regarding how to look after themselves in their golden years.

All added up to getting aboard and trying to do something for the disposessed and marginalized in the wake of the "Great Greedy Grab".

So, is it back to the gold standard?

From: Cambridge, ON | Registered: Oct 2007  |  IP: Logged

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