In a recent article in the Washington Post, Robert Samuelson contemplates the looming possibility of a new sovereign debt crisis in Europe. The Great Recession of 2008, he recalls, brought the weaker European economies, including Spain’s, to the brink of default, and the countries themselves to the brink of expulsion from the EU and economic devastation. The COVID-produced economic crisis, Samuelson contends, is having the same effect. Once again the deeply indebted countries of southern Europe will not be able to save themselves either through frugality or through spending: they will have to be “rescued” by the EU...Read More
Author: John McClure
I believe I saw Trump today or at least his chariot. I was digging a long row of holes for dahlia tubers down on the farm–beautiful late morning, sun and clouds, wind, trees swaying around the edge of the field. Suddenly an unbelievably loud sound from above, as though the sky were being torn to pieces. And then a southbound 747 overhead, only a few thousand feet up, climbing fast with two fighter jets pinned to each wing. Then gone. My friend explained that he’s seen it all before. When Trump returns to Washington from his NJ golf club, he is flown out of Teterboro, NJ, not too far to the north of the farm. “Sometimes they are so low I duck,” he said. For me, a reminder of the sheer scale of American power, awesome and as V.S. Naipaul once said, obscene. Even when, on 9/11, other jets screamed north over Rutgers at minimum altitude and maximum speed toward the City. Or when decades ago, returning from two years with the Peace Corps in Kenya, I came into Piraeus harbor, Greece, at dawn and saw, as the sun burned away the fog, the U.S. Mediterranean Fleet at anchor, ship after ship after ship, an apparently endless unveiling of...Read More
I can’t believe what I just watched on tv. This evening’s briefing by the President was horrifying. Trump is being pushed on how the Federal government will address the grotesque situation in which state and city governments are compelled to bid against each other in the “free market” for PPEs, thus driving the price of gloves, masks, gowns etc. higher and higher. We’re getting production ramped up, he said, but we won’t intervene in the market. It’s up to the governors to have purchased these things in preparation or to purchase them now. ” We’re not an ordering clerk. We’re a back up and we’ve done an unbelievable job.” Forty years of neoliberal Republicans give the President a standing ovation; the ghost of Roosevelt bows his head in shame; outside, in the streets, the protests are already beginning. Or is only the sound of chickens coming home to roost? After all, the logic has been with us since the Reagan Revolution of the 80s. We can’t nationalize production and distribution in a time of crisis. That’s socialism. We can’t even set a fair price for the goods on an emergency basis and leave the governors to deal with the producers. That’s socialism too. NO, we’ll intervene to get production up and then allow the producers (“our base,” to quote Bush) to get the best price they can in a...Read More
Dear Krystal and Saagar, I’m a dedicated follower of your show “The Rising,” (a ground-breaking daily news and opinion series produced by the political newspaper The Hill). I respect the focus on class issues, the sharply skeptical treatment of the media and the political establishment, the often brilliant defense of your favorite Democratic candidate, Bernie Sanders. And I’m drawn to the passionate, deeply exasperated, and optimistic tone you adopt in your commentary. My thanks to Jacobin’s Connor Kilpatrick for pointing me to your program back in December. I was really disappointed, though, by your Valentine’s Day coverage of the...Read More
NO DANCING IN THE STREETS: Spain’s Left Finds a Fragile Solidarity in the Shadow of Resurgent Francoism
NO DANCING IN THE STREETS: Spain’s Left Finds a Fragile Solidarity in the Shadow of Resurgent Francoism John McClure November 14, 2019 The last episode of Spain’s exhausting national election saga, which I recounted in a previous posting, began last April and ended in September with the appalling failure of the Socialists (PSOE) and the new left Podemos to form a government. The two parties had done well enough in April’s national elections to form a ruling coalition, but after months of negotiations they could not reach an agreement on power sharing. So new elections were called for November,...Read More
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