Radical internationalism: What Europe & the Left need – The New Statesman

The left has been in disarray since… the collapse of the Soviet Union… In the past two decades, we have witnessed a major spasm of global capitalism that has triggered a long deflationary period… Just as the Great Depression did in the 1930s, this has created a breeding ground for xenophobia, racism and scapegoating.
The rise of centrism is also partly to blame… In Britain, New Labour under Tony Blair was never part of the left. Thatcher was delighted… his governments… adopted her neoliberal mantra…
Parties such as New Labour, the Socialists in France and the Social Democrats in Germany might have called themselves the radical centre, but that was just labelling… In the 1960s and 1970s the centre left was aware of its duty to act as a mediator between industrial capital and labour.…
From the mid-1980s onwards, the left-wing leadership abandoned this duty… A Faustian pact was made with the financial… Then the financial crisis struck. At that point, social democrats… lacked the moral strength… to tell bankers… their reign was over.
The best hope for the left is to come together to defeat the worst enemy of European democracy: the reactionary dogma that “there is no alternative” to the continent’s current policies. Hence the EU’s true democratisation is the only alternative…
The EU institutions are anti-Europeanist and contemptuous of democracy… The nation state was created to promote a fictitious notion of a national interest to co-opt labour and those on the fringes of society…

Yanis Varoufakis

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Yanis Varoufakis: The left never recovered from the fall of the Soviet Union — yet there is hope

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