FacebookTwitterGoogle+RedditEmail

The Tide is Turning Against Austerity

by DEEPAK TRIPATHI

Recent elections in France and Greece have generated a good deal of comment, suggesting that the years of center-right governance in Europe may be coming to an end. The defeat of President Nicolas Sarkozy of France by the Socialist candidate Francois Hollande, and the collapse in Greece of political parties that allowed unrestrained capitalism and chaos to take hold, are major developments. But whether they represent a turning-point likely to return Western Europe to social democracy cannot be taken for granted yet.

Certainly, the public opinion has become radicalized to an alarming degree. European societies are undergoing a process of atomization as confidence in mainstream political parties and their leaders collapses. In the midst of a severe continental crisis, millions upon millions of people feel that their leaders are both unwilling and unable to look for solutions to help the most vulnerable.

The masses have become disgusted with professional politicians after giving them many opportunities. Recent national and regional elections in Greece, France and Germany are proof of voters walking away from mainstream parties whose political labels and programs are deceptive. The same trend has been repeated in the recent local elections in Britain. Unfortunately, when a government loses, the victor picks up where the defeated left. Callous disregard of the masses, and obsession with the accountants’ jargon of “balancing the books,” are behind the austerity imposed on ordinary citizens throughout the European continent. The result is the collapse of traditional politics and the rise of groups on the extremes.

This phenomenon across Europe mirrors what has long been happening in the United States. The difference is that in Europe the coercive power of supranational financial institutions, supported by the United States, is being applied with extraordinary ferocity and haste. It goes against the post-war liberal consensus, developed following the devastation of the two world wars in the last century.

The most traumatic events are taking place in Greece. The fall of the Panhellenic Socialist Movement (PASOK) from governance to near insignificance, and the collapse of the New Democracy Party vote by a third, in the recent general election are dramatic. The consequence is the rise of new political groups, most notably Syriza, vehemently opposed to the austerity package which, Germany, the wealthiest European country, insists upon.

The German chancellor, Angela Merkel, has her own domestic compulsions. Germany’s public opinion is strongly against bailing other countries out of the crisis. But in refusing to yield on harsh cuts and work for economic growth instead, the German chancellor has created a distinct impression that she does not recognize the Greek people’s democratic choice. The appearance of diktats from Bonn is a highly sensitive issue, for memories of Nazi occupation of Greece during the Second World War are still alive among many Greeks. They may be one of the poorest member-states in the European Union, but are proud of their history and civilization.

The Greek electorate’s refusal to accept harsh cuts any more, reflected in the country’s extraordinarily polarization, made the formation of a coalition government impossible. Reports of the German chancellor telling Greece to hold a referendum on whether Athens wanted to retain the euro currency added fuel to the fire and those reports had to be denied. Nevertheless, the coming election in June will in effect be a referendum on Greece’s continuing presence in the euro area. Otherwise, the country walks away from the straightjacket which eurozone has become, prompting a default on its debt payments and causing a financial “calamity,” as many free marketeers have been predicting with passion.

The past decade has been one of retreat for social democratic politics in Europe. From Scandinavian countries in the north to Italy and Greece in the south, the political right has been dominant across the continent. However, just when old social democrats looked utterly defeated, new forces of the left are beginning to come forward. They have begun to fight back and the tide has started to turn.

In recent months, Chancellor Merkel of Germany has looked like a heartless nanny who has mishandled the Greek crisis. As long as she had an ally in Nicolas Sarkozy as the president of France, the duo dominated. Now, however, Greece is not the only European Union member in crisis and Merkel stands severely weakened by at least two factors. One is the defiance of the Greek people. The other, even more decisive, is the defeat of Sarkozy by his Socialist rival Francois Hollande in the French presidential election. Along with Greece, France too goes to the polls for the National Assembly in June, when the domination of the French right is almost certain to end. At home, the defeat of Merkel’s party in Germany’s most populous region, North Rhine Westphalia, by the Social Democrats is a major jolt against her center-right coalition.

So the tide is turning in Europe and the left is emerging from the wilderness years. But it is not certain how bold the new left, splintered and still facing a strong challenge from the entrenched right, is going to be. It is to be seen whether the left is able to assert itself in the ideological battle with the right.

Deepak Tripathi is a writer whose interests include Europe after the Cold War. He blogs on http://deepaktripathi.wordpress.com and he can be reached at: dandatripathi@gmail.com.


Deepak Tripathi is a Fellow of the Royal Historical Society and the Royal Asiatic Society of Great Britain and Ireland. His works can be found at: http://deepaktripathi.wordpress.com and he can be reached at deepak.tripathi.writer@gmail.com.

More articles by:

CounterPunch Magazine

minimag-edit

bernie-the-sandernistas-cover-344x550

zen economics

March 30, 2017
Carol Polsgrove
Gorsuch and the Power of the Executive: Behind the Congressional Stage, a Legal Drama Unfolds
Michael J. Sainato
Fox News Should Finally Dump Bill O’Reilly
Kenneth Surin
Former NC Governor Pat McCory’s Job Search Not Going Well
Binoy Kampmark
The Price of Liberation: Slaughtering Civilians in Mosul
Bruce Lesnick
Good Morning America!
William Binney and Ray McGovern
The Surveillance State Behind Russia-gate: Will Trump Take on the Spooks?
Jill Richardson
Gutting Climate Protections Won’t Bring Back Coal Jobs
Robert Pillsbury
Maybe It’s Time for Russia to Send Us a Wake-Up Call
Prudence Crowther
Swamp Rats Sue Trump
March 29, 2017
Jeffrey Sommers
Donald Trump and Steve Bannon: Real Threats More Serious Than Fake News Trafficked by Media
David Kowalski
Does Washington Want to Start a New War in the Balkans?
Patrick Cockburn
Bloodbath in West Mosul: Civilians Being Shot by Both ISIS and Iraqi Troops
Ron Forthofer
War and Propaganda
Matthew Stevenson
Letter From Phnom Penh
James Bovard
Peanuts Prove Congress is Incorrigible
Thomas Knapp
Presidential Golf Breaks: Good For America
Binoy Kampmark
Disaster as Joy: Cyclone Debbie Strikes
Peter Tatchell
Human Rights are Animal Rights!
George Wuerthner
Livestock Grazing vs. the Sage Grouse
Jesse Jackson
Trump Should Form a Bipartisan Coalition to Get Real Reforms
Thomas Mountain
Rwanda Indicts French Generals for 1994 Genocide
Clancy Sigal
President of Pain
Andrew Stewart
President Gina Raimondo?
Lawrence Wittner
Can Our Social Institutions Catch Up with Advances in Science and Technology?
March 28, 2017
Mike Whitney
Ending Syria’s Nightmare will Take Pressure From Below 
Mark Kernan
Memory Against Forgetting: the Resonance of Bloody Sunday
John McMurtry
Fake News: the Unravelling of US Empire From Within
Ron Jacobs
Mad Dog, Meet Eris, Queen of Strife
Michael J. Sainato
State Dept. Condemns Attacks on Russian Peaceful Protests, Ignores Those in America
Ted Rall
Five Things the Democrats Could Do to Save Their Party (But Probably Won’t)
Linn Washington Jr.
Judge Neil Gorsuch’s Hiring Practices: Privilege or Prejudice?
Philippe Marlière
Benoît Hamon, the Socialist Presidential Hopeful, is Good News for the French Left
Norman Pollack
Political Cannibalism: Eating America’s Vitals
Bruce Mastron
Obamacare? Trumpcare? Why Not Cubacare?
David Macaray
Hollywood Screen and TV Writers Call for Strike Vote
Christian Sorensen
We’ve Let Capitalism Kill the Planet
Rodolfo Acuna
What We Don’t Want to Know
Binoy Kampmark
The Futility of the Electronics Ban
Andrew Moss
Why ICE Raids Imperil Us All
March 27, 2017
Robert Hunziker
A Record-Setting Climate Going Bonkers
Frank Stricker
Why $15 an Hour Should be the Absolute Minimum Minimum Wage
Melvin Goodman
The Disappearance of Bipartisanship on the Intelligence Committees
Patrick Cockburn
ISIS’s Losses in Syria and Iraq Will Make It Difficult to Recruit
Russell Mokhiber
Single-Payer Bernie Morphs Into Public Option Dean
Gregory Barrett
Can Democracy Save Us?
FacebookTwitterGoogle+RedditEmail