Archive

09.07.2018 - 16:54 [ Jacobin Magazine / overcast.fm ]

Jacobin Radio – The Dig: The Italian Left’s Collapse with David Broder

(3.7.2018) Today, we’re talking about Italy, where a so-called “populist” alliance of the Five Star Movement and right-wing League just took over the government with anti-migrant and Euro-skeptic agenda. Dan’s guest is David Broder, a historian of French and Italian communism and frequent contributor to Jacobin. The Five Star Movement was for a time welcomed by some on the left. But it’s not of the left; rather, it is a product of the Italian left’s collapse.

09.07.2018 - 16:13 [ Consortium News ]

Failure of the Left Leaves Italy a Victim of the Market

(24.6.2018) At the end of last month, European Commissioner Günther Oettinger scolded rebellious Italian voters who are fed up with European Union bureaucrats and European Central bankers dominating their country. “The market will teach Italians how to vote,” Oettingerm said.

He had made this remark when it seemed Italy was heading toward fresh elections after the latest political crisis. At the time the spread between Italian and German bonds jumped more than 300 points, aggravating Italy’s heavy public debt. In other words, Oettinger was convinced that the need for financial stability would force upstart Italian voters to get back in line with what the bankers want.