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May 7, 2012

Think Left

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by Darrell Goodliffe

The Challenge of Success for Opponents of Austerity

Last Thursday, Labour won a decisive election victory (despite Ken’s narrow defeat) and now we have a new Socialist President of France in Francois Hollande. Meanwhile, in Greece, the radical leftist Party, Syriza, has swept aside PASOK to become the second-largest Party in the Greek Parliament. PASOK took capitulation to the austerity agenda to its logical conclusion by co-habiting with New Democracy and today they played the electoral price, losing a whopping 30% at the polls.

Clearly, the people of Europe are unimpressed with the austerity agenda. However, the alternative is poorly formed; in Britain we are more than aware of that. Labour is not promising a particularly radical alternative. In fact, all it is doing is proposing to slow the pace and try to bolt on some growth along the way. The difference, as we all know, is…

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