******************** POSTING RULES & NOTES ******************** #1 YOU MUST clip all extraneous text when replying to a message. #2 This mail-list, like most, is publicly & permanently archived. #3 Subscribe and post under an alias if #2 is a concern. *****************************************************************
I snipped this from Comrade Duncan's fine post "Whether unemployment goes up or down under the next Labour government won’t have anything much to do with the Labourites but will be the result of the boom-and-bust global capitalist economy, the New Zealand section of which Labour is totally committed to *managing*." (my emphasis) I actually do not think Labor is committed to managing anything. Management in this period would entail a fiscal policy to address the "liquidity trap" or "secular stagnation". In other words it would require at least a turn to Keynesianism. NZ Labor do not seem to have made that turn. In any case their counterparts over here in Oz, certainly have given no indication that they will do anything other than stay on the "Reform" bandwagon, that is they remain committed to neo-liberalism. So they will not manage capitalism. They will let it rip and drag us into another Great Depression. What Corbyn has done is to run up the Keynesian flag. Whatever one thinks of that, it is at least a departure from the politics of Hayek and Friedman. Why is there no anti-austerity party in Australia? Why is there no sign of one in New Zealand? Fruitless questions, I know. Yet, the dialectics of stagnation have set me muttering them like a fool. And then I add "Westward lo! the land is bright". The battle for Europe is far from over. And who knows perhaps the Old Mole is grubbing away somewhere else. I devoutly hope so. comradely Gary On Fri, Nov 13, 2015 at 3:27 PM, Philip Ferguson via Marxism < marxism@lists.csbs.utah.edu> wrote: > ******************** POSTING RULES & NOTES ******************** > #1 YOU MUST clip all extraneous text when replying to a message. > #2 This mail-list, like most, is publicly & permanently archived. > #3 Subscribe and post under an alias if #2 is a concern. > ***************************************************************** > > Empty Andy and the 'Eh?' team: > https://rdln.wordpress.com/2015/11/10/labour-the-eh-party/ > > NZ Labour - a bosses' party: > > https://rdln.wordpress.com/2011/12/02/the-truth-about-labour-a-bosses-party/ > > Phil > _________________________________________________________ > Full posting guidelines at: http://www.marxmail.org/sub.htm > Set your options at: > http://lists.csbs.utah.edu/options/marxism/gary.maclennan1%40gmail.com > _________________________________________________________ Full posting guidelines at: http://www.marxmail.org/sub.htm Set your options at: http://lists.csbs.utah.edu/options/marxism/archive%40mail-archive.com
