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Merkel's party humiliated by shock election defeat
“Angela Merkel's ruling conservatives suffered a humiliating defeat in key elections in Germany's most populous state yesterday when voters rejected her party's austerity policies and handed a resounding victory to her pro-growth Social Democratic Party opponents…Germany's conservative Environment Minister, Norbert Röttgen, the party's candidate in the election, had mounted a vigorous campaign centred on Ms Merkel's austerity policies, which aimed to cut the state's €230 billion debt. "Today is a very bitter day," Mr Röttgen conceded last night. "We have been clearly defeated."…
This defeat for more austerity in Germany, as well as the statement by the Austrian Chancellor Werner Faymann who wants the European Union council to agree a growth pact at its next summit and invest in education, employment and infrastructure, plus the victory for the Socialist President Hollande in France, should be seen as the sign that “The Voices of Wisdom in Europe” are winning the arguments: enough of protecting the 1% who gave us the crises; time to invest in and for people and hope for a better future.
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Merkel's party humiliated by shock election defeat
Austria wants EU to agree growth pact at next summit
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The Republic Of Hunger
Facts:
“Every third malnourished child in the world is from India.
More than 40 per cent of India's 61 million children are malnourished.
Malnutrition, classroom hunger and school dropout rates continue to be grave, giving rise to extreme poverty and hunger.
47% of those under three years old are undernourished and underweight
Measured by the prevalence of malnutrition, India is doing worse than sub-Saharan Africa.
In recent years the GDP has grown at nearly 10% each year.
By 2011 there were 57 billionaires in India.”
India’s Premier Manmohan Singh called this malnutrition, hunger and poverty “a national shame”. The Premier then noted that “We cannot hope for a healthy future with a large number of malnourished children”.
Dr. Manmohan Singh’s worries and concerns are noted and appreciated. But, here we need to be more precise, if we wish to move away from hollow words to real action, which is surely needed if countries such as India wish to eradicate poverty, hunger and malnutrition. Dr. Singh’s reputation was forged in his time as finance minister in the 1990s, when following the advice of International Monetary Fund he pushed through a series of economic liberalisation and reforms which set the stage for India's subsequent boom and entry onto the world stage as a rising economic power.
The Questions:
Given the above, one might, with much justification, ask what have been the fruits of the decades of embracing neo-liberalism, with is privatisation, liberalisation, deregulation, marketisation and more? What is the use of India boasting the rise of millionaires and billionaires, the high-tech industries and more, when a huge percentage of its children are hungry, malnourished, and underweight? Where is the trickle-down effect? 10% average GDP growth rate for what? What has happened to Indian spirituality, looking after the community and the common good?
Dr. Singh once said: "The greatness of democracy is that we are all birds of passage. We are here today, gone tomorrow. But in the brief time that the people entrust us with this responsibility it is our duty to be honest and sincere in the discharge of these responsibilities."
I very much wonder how he can reconcile the above statement with so much continuing and worsening poverty, hunger, and malnutrition in India.
I very much recommend you to watch this informative video:
The Republic Of Hunger
http://www.aljazeera.com/programmes/101east/2012/05/201251010473237279.html#.T69J2A_f4jE.gmail
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“Socialism never took root in America because the poor see themselves not as an exploited proletariat but as temporarily embarrassed millionaires.” —John Steinbeck
But, then, America has always been at its best, most efficient, when guided by socialist principles
In an article in the Financial Times ( 31 May 2015) Edward Luce remarks that:
“To most students of US politics, the phrase American socialism is an oxymoron — like clean coal or the Bolivian navy. A century ago, Werner Sombart, a German scholar, asked “Why is there no socialism in America?” It was a question that confounded Marxists. As the most advanced capitalistic society, the US was most ripe for a proletarian revolution, according to their teleology.”
Then, Luce notes that today’s America is different:
“Leftwing politicians are in electoral retreat across most of the western world. The one exception is the United States. At 15 per cent in the Democratic polls, Bernie Sanders, the senator from Vermont, is riding higher than any US socialist since Eugene Debs ran for the White House a century ago.
The fact that Mr Sanders has very little chance of unseating Hillary Clinton is beside the point. His popularity is dragging her leftward. If he flames out, other left-wingers, such as Martin O’Malley, the former governor of Maryland who entered the race at the weekend, are ready to pick up the baton. Elizabeth Warren, the populist Massachusetts senator, will continue to prod Mrs Clinton from outside the field. The more Mrs Clinton adopts their language, the harder it will be for her to reclaim the centre ground next year. Yet she is only following the crowd. A surprisingly large chunk of Democrats are happy to break the US taboo against socialism.”
I very much agree with Luce. For me, America has always had a socialist economy, at its best, most efficient, when guided by socialist principles. Now, it should also try a bit harder and create a more equality, harmony, justice and well-being for more Americans. "American Dream" can only be realised when it serves the common good.
See below for more:
Face it, the US economy is socialist
“Once you accept the fact that some kind of socialism is part of the US economy, we no longer have to suffer silly debates over whether it is or it not partly socialist. It is.”
…“ By this standard, the US is a socialist country, because to some degree or another, the government has always got involved in the economy: the railroads, the Homestead Act, the power grid, the interstate highway system, and the internet. These are products of the government creating markets or meeting demand, and then getting out of the way to allow capitalism to work. Most in the US wouldn't call this socialism, however. They would call it good governance.
That the US has shepherded the economy in one way or another exemplifies its economy's mixed nature. It's mostly capitalist, but partly socialist when the profit-motive is detrimental to human need. The best example is Medicare. The older you are, the less insurable you are. In a free market, in which government coercion is completely absent from the exchange of commodities and securities, the elderly would die sooner. That's how markets work, and that's why Lyndon Johnson didn't want the elderly to be at the mercy of the markets.”…
Face it, the US economy is socialist - Al Jazeera English
For further reading see:
Socialism and the Common Good: New Fabian Essays (Paperback) - Taylor & Francis