Showing posts with label Macron. Show all posts
Showing posts with label Macron. Show all posts

Saturday, January 5, 2019

Meanwhile, elsewhere...


Preoccupied with the chaos of our own national politics, it's easy enough to ignore the political chaos going on elsewhere.  Despite the best efforts of Our President, America certainly can't claim a monopoly on dysfunction; so let's take a moment to check in on a couple of our friends overseas.

If the test of a true compromise is that neither side is happy with it, Theresa May's Brexit deal passes with flying colors, unable to gain majority support even within her own Conservative party.  It is scarcely less contentious among Labour and Liberal MPs; only UKIP remains committed, and that minority party of xenophobes and neo-imperialists appears to be in rapid decline.  In the meanwhile, it looks like the UK is headed for a hard Brexit – with no negotiated exit plan – at the end of March.

Most economists agree that a hard Brexit will damage the British economy, but most Britons, like most Americans, pay scant attention to economists: typically, economic arguments just aren't visceral enough to sway the average voter.  Brexit is an ideological controversy that somehow managed to detach itself from party politics; and since the political parties are divided, no coherent approach to addressing it has emerged.  While a second Brexit referendum seems like the only logical approach to resolution, it probably would further divide the British public.

Nevertheless, the British deserve a new referendum, given that the first one was largely based on lies.  This time, the choice is more clear: between a hard Brexit with none of the advantages of EU membership, and remaining within the bloc, accepting the restraints membership entails.


Meanwhile, in France, Emmanuel Macron has been gobsmacked by the yellow vest movement, a genuinely populist, virtually leaderless series of protests by working class citizens — despite the best efforts of Jeanne-Marie LePen on the right and Jean-Luc Mélanchon on the left to jump out in front and lead the parade.  Even though the protests are dying down, the sentiments underlying them remain strong.

Macron was supposed to be France's savior — the new leader of a new party that would sweep away the old dysfunction.  When he turned out to be yet another entitled rich boy with strong corporatist tendencies, the French were sorely disappointed.  Unlike our own entitled rich boy, though, Macron has been smart enough to make some concessions.  Will they be enough to salvage his political career?  Probably not.  His tax cuts for the ultra-rich seem firmly entrenched.

*     *     *
Chaos notwithstanding, the multi-party democracies of Western Europe at least hold out the possibility of compromise and change.  In the US, though, it seems that our entrenched two-party system only can generate more division and more chaos.  The next two years of divided government are bound to be what the apocryphal Chinese curse calls "interesting times."

Saturday, May 12, 2018

Bully Diplomacy


I hate bullies; but even more, I despise those who succumb to bullying.  Now that bullying is America's official, default foreign policy, I only can hope that its intended victims have the courage to resist.

Iran, of course, has no choice but to resist: it is not about to "negotiate" regime change, and nothing less than that will satisfy the Tr*mp gang (which includes Bibi and MbS.)  The courage will have to come from Europe, and how much courage European leaders can muster remains to be seen.

Despite the easing of sanctions under Obama, US investment in Iran was minimal following the nuclear agreement: US companies continued to be limited by other sanctions protocols, and benefits to the Iranian economy fell far short of what Rouhani and his moderates hoped to see.  Europeans were less restrained, so the impact of US withdrawal from the deal depends on European willingness to go along.  It still remains to be seen what secondary sanctions the Tr*mpistas decide to impost on European companies that remain in Iran.

While secondary sanctions against US "allies" would be economically damaging, Macron and Merkel might be willing to endure them for the political advantage that might entail.  Anti-Americanism is a tried and true means of garnering nationalist support, so a "principled" stand against the Tr*mpians well might draw away supporters of the National Front in France and the AfD in Germany.  Suing the US at the WTO would be a good start, but withdrawing their ambassadors to the US in protest would be a sure bet for solidifying voters behind them.

If any diplomatic intelligence remains in the Tr*mp administration, secondary sanctions against the Europeans will be minimal, and the denuclearization of Iran can continue.  If the yahoos prevail, though, we only can hope Europe finds the courage to resist.

Monday, May 8, 2017

Macron v. Schaueble?


Needless to say, those of us who are not fascists were quite relieved by Emmanuel Macron's substantial victory over Marine LePen in the French election.  It is understandable that many on the French left were uncomfortable supporting a banker/financier, but despite the refusal of Jean-Luc Mélanchon to endorse his centrist rival, most progressives managed to overcome their misgivings.

One voice of the left who is quite positive about Macron is Yanis Varoufakis.  You may remember Varofakis as the Greek envoy to the EU for bailout talks a couple of years ago.  He resigned as finance minister to Prime Minister Alexis Tsipras when Tsipras caved in to German demands that Greece accept yet another round of austerity in return for loan "renegotiation" — in essence, accepting who knows how many more years (still counting) of Greek suffering for the sake of staying in the Eurozone.

The architect of European austerity was German finance minister Wolfgang Schaueble.  Austerity measures have provided moralistic gratification to northern European Protestants raised on the fable of the grasshopper and the ant; but, more importantly, they make it possible for German and Dutch banks to avoid writing off a lot of bad loans to southern Europe.  When Varofakis opposed more austerity, he had an important ally: Emmanuel Macron.  Macron resigned from François Hollande's government at about the same time Varofakis resigned from Tsipras's.

Only aggressively stimulative economic action will do anything to alleviate double-digit southern European unemployment, and Italy and Spain have suffered under austerity almost as badly as Greece.  Perhaps Macron will shift the balance of power in the EU away from Germany; perhaps the French will accept some softening of their ironclad job protections in exchange for a great many more job opportunities.  Upcoming contests for seats in the French Parliament are likely to determine just how much or how little Macron can accomplish.