An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Thursday, February 25, 2016
telesur — Podemos Walks Away from 'Incompatible' Deal with Socialists
Spain could go without a government for several more months after talks broke down when Podemos, or We Can, canceled negotiations with the Socialist Party on Wednesday.…
Carry on with the neoliberalism. We're concentrating on the far more important issue of making sure that the cabinet hits its PC quota.
And of course the Spanish impasse ought to cause people to question how wonderful proportional representation is at making sure a government can get things done.
The socialist party will make a deal with "Ciudadanos", and the conservative party will somehow allow for the government is what will happen finally IMO, although I wouldn't completely rule out an other election, it's unlikely, because both main parties have the most to lose if this happens, as both of the newcomers are on the rise.
Not sure what the real deal means, anti-EU? MMT? All the parties are out of paradigm and pro-EU. Podemos was more radical when they started and slowly has been moving towards traditional positions, dropping things like a mandate to quit the euro. Right now their agenda is more in vein with traditional re-distributive left, plus all the cultural Marxism baggage and the typical pure stupidity of the left (open borders, etc.). So a mixed bag of rotten garbage and ok'ish stuff.
The main elements of Podemos are 'true believers' of the Bolivarian governance model despite the changes to make the party more markeatable in the last months (which has been a good move), something that would be rejected outright by the majority of the population, come from academic ivory towers and probably would fall down onto the typical knee-jerk dictatorial reactions of the incompetent lefty ruler. Must say though that I agree with some of the economic measures, but I doubt they are competent enough to carry them on.
OFCC, garbage in, garbage out, in the some of the places the current alternative left parties have seized power there are already reports of finger-pointing nominations of friends and family for certain positions. So much like the old deal...
Exactly Matt, the old parties do/did the same and newcommers critizised them for that. But GI/GO is the modus operandi when you have stupid high structural unemployment and employer-dominated labor market. Is the same reason why people seek public servant positions or why the mafia is the JG provider in south Italy...
BTW this is not illegal or anything, I'm talking about certain positions which can be covered by politicians (support staff), like in any other country on earth. What is usually criticized is the procedure or criteria followed to do it.
OFC the problem is that for certain positions there is no other way, administratively, to do it. Changing the procedures to be more 'meritocratic' has a bureaucratic and administrative cost, and then people would complain about that. The problem is always in the end that the government is running out of money so we cannot do things properly!?!? The population is ridden with ignorance and cannot make their minds up.
Damned if you, damned if you don't. OFC the typical response is "those positions shouldn't exist", which is what we get when politicians talk about cutting spending: "don't cut social spending, cut useless stuff!". While there is some "useless stuff" in form of advisors etc. is pocket money, a lot of other is actually necessary administrative workforce to carry the duties of the government, and the bulk of the budgets by far are such social spending.
What the population wants effectively is squaring the circle. There is a general lack of awareness on what takes to run a government and thereby we are dominated by libertarian state of mind that we should just get rid of the administration and the politicians, while at the same time they want to keep the social structure in place. Stuuuuuuuupid.
With official unemployment in the double digits, I'm surprised the Spanish electorate is not demanding decisive action. That would be the case in Canada or the US, I assume.
Good to see that some policy changes (economic measures) are in the works.
What does Podemos want?
ReplyDeleteAre they the real deal or another Syriza?
"Are they the real deal or another Syria?"
ReplyDeleteMore Canadian Liberal Party I'd say.
Carry on with the neoliberalism. We're concentrating on the far more important issue of making sure that the cabinet hits its PC quota.
And of course the Spanish impasse ought to cause people to question how wonderful proportional representation is at making sure a government can get things done.
But it won't.
Corporates love PR systems. Of both kinds.
The socialist party will make a deal with "Ciudadanos", and the conservative party will somehow allow for the government is what will happen finally IMO, although I wouldn't completely rule out an other election, it's unlikely, because both main parties have the most to lose if this happens, as both of the newcomers are on the rise.
ReplyDeleteNot sure what the real deal means, anti-EU? MMT? All the parties are out of paradigm and pro-EU. Podemos was more radical when they started and slowly has been moving towards traditional positions, dropping things like a mandate to quit the euro. Right now their agenda is more in vein with traditional re-distributive left, plus all the cultural Marxism baggage and the typical pure stupidity of the left (open borders, etc.). So a mixed bag of rotten garbage and ok'ish stuff.
The main elements of Podemos are 'true believers' of the Bolivarian governance model despite the changes to make the party more markeatable in the last months (which has been a good move), something that would be rejected outright by the majority of the population, come from academic ivory towers and probably would fall down onto the typical knee-jerk dictatorial reactions of the incompetent lefty ruler. Must say though that I agree with some of the economic measures, but I doubt they are competent enough to carry them on.
OFCC, garbage in, garbage out, in the some of the places the current alternative left parties have seized power there are already reports of finger-pointing nominations of friends and family for certain positions. So much like the old deal...
" nominations of friends and family for certain positions."
ReplyDeleteErsatz Job Guaranty instead of a real Job Guaranty.... this is a problem...
Exactly Matt, the old parties do/did the same and newcommers critizised them for that. But GI/GO is the modus operandi when you have stupid high structural unemployment and employer-dominated labor market. Is the
ReplyDeletesame reason why people seek public servant positions or why the mafia is the JG provider in south Italy...
BTW this is not illegal or anything, I'm talking about certain positions which can be covered by politicians (support staff), like in any other country on earth. What is usually criticized is the procedure or criteria followed to do it.
ReplyDeleteOFC the problem is that for certain positions there is no other way, administratively, to do it. Changing the procedures to be more 'meritocratic' has a bureaucratic and administrative cost, and then people would complain about that. The problem is always in the end that the government is running out of money so we cannot do things properly!?!? The population is ridden with ignorance and cannot make their minds up.
Damned if you, damned if you don't. OFC the typical response is "those positions shouldn't exist", which is what we get when politicians talk about cutting spending: "don't cut social spending, cut useless stuff!". While there is some "useless stuff" in form of advisors etc. is pocket money, a lot of other is actually necessary administrative workforce to carry the duties of the government, and the bulk of the budgets by far are such social spending.
What the population wants effectively is squaring the circle. There is a general lack of awareness on what takes to run a government and thereby we are dominated by libertarian state of mind that we should just get rid of the administration and the politicians, while at the same time they want to keep the social structure in place. Stuuuuuuuupid.
With official unemployment in the double digits, I'm surprised the Spanish electorate is not demanding decisive action. That would be the case in Canada or the US, I assume.
ReplyDeleteGood to see that some policy changes (economic measures) are in the works.