General Election
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Perhaps others more informed on the topic might comment on this report, which is taken to be an ominous sign of an approaching crash
https://www.theguardian.com/business/2019/dec/19/debt-in-developing-economies-rises-to-record-55tn
“Emerging market and developing economies (EMDEs) pushed their borrowing to a record $55tn (£42tn) last year, according to the World Bank, marking an eight-year surge that is the “largest, fastest and most broad-based in nearly five decades”…”
The biggest obstacle of all remains patriotism.
I believe it was a trades union representative who uttered a retort at Corbyn, saying that British workers’ priority must always be, first and foremost, ‘the defence of the realm’ (?)All protesting workers, worldwide, carry the national flags at their demonstrations, do they not?
“The biggest obstacle of all remains patriotism.”
From my ‘vast’ experience the biggest obstacle is the prospect of fundamental change, particularly in the absence of any convincing evidence it would be “better [than] the devil we [already] know”…
Here’s the US Marxist-Humanist Initiative on the result.
The first part where they discuss the Labour leadership’s apparent misjudgement that Brexit not Social Reform was going to be the issue is not bad. There is also an interesting discussion of Labour as no longer the party of “the working man” but as a coalition of different identity groups.
It goes off towards the end when they give their view of what “progressives” should have done. Not their general position that workers should not follow parties or leaders but should act for themselves (nothing wrong with that of course), but their view that the way forward is to directly confront xenophobia and racism rather than try to unite workers around an “economic populist” programme. Sadly perhaps, if Labour had done that they would have lost even more heavily.
Incidentally, their man in London, Ravi Bali, discloses that he was once a member of an unnamed vanguardist party that used to stand against the Labour Party in elections, Which can only be SPEW, can’t it? Good on him for abandoning all that. Actually, on this podcast he’s better than Kliman but, then, he is here on the ground. His 2016 article on their site on the EU referendum, in which he takes an abstentionist position, is quite good.
They are Leninists of other stripes, it is like Raya who rejected the vanguard party and Trotsky support of the Hitler-Stalin pact but she was always a Trotskyist, she rejected the concept of the vanguard party to lead, but she continue adoring the concept of leadership, and she became a cult within her organization. Racism is not the main problem, the problem is capitalism which is the cause of racism and many other social diseases, the only party of the working man that exists in England is the Socialist Party of Great Britain, they have not done their homework yet, and continue hitting the Piñata in the wrong area. William Barber who is a Christian pastor and does not have any understanding about socialism or Marxism has a much better conception than many of those leftist groups, who consider that Donald Trump is not the main problem, that he is only the reflection of deeper socio-economical problems who have existed for hundreds of years, he just missed to say that the problem is US capitalism and world capitalism
Donald Trump is not a fool, or an idiot when he has been able to control the whole Republican Party, the senate, the judicial system, and many other politicians, and he does whatever he wants to do to follow the logic of capitalism. Like Noam Chomsky said he might look like a boofon, but behind him, the USA ruling class is obtaining all the benefits that they want to obtain, they are obtaining more benefits than during the presidency of Reagan, Clinton, Bush and Obama. Every president has his/her own boss
“they have not done their homework yet, and continue hitting the Piñata in the wrong area.“
I take it this is a reference to the MHI not us !
“they have not done their homework yet, and continue hitting the Piñata in the wrong area.“
I take it this is a reference to the MHI not us!
Of course, it is about MHI. Sometimes I am writing fast and I do not have the time to double-check what I have written
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