Posted on 01/26/2015 6:44:33 AM PST by Nextrush
Its a challenge to and a repudiation of neoliberal orthodoxy.
This is an answer to unfettered capitalism and governmental catering to the market.
And its also a rejection of “cartel politics” and insider deals that leave the vast majority of people worse off.
Austerity was never going to be viable for long because making people suffer for nothing is not a winning political strategy.
Angela Merkel and the Germans were too clever for their own good: they basically destroyed the underpinnings of the moderate left-wing and right-wing political parties in Greece and gave the fringe left plenty of room to grow.
One can’t help but wonder whether Germany’s CDU is really Germany’s Left Party in disguise.
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