But Paul, this is what you have to prove, not assume

Sánchez’s fate is one more signal of the crisis facing European social democracy. It was shaped for three decades around the certainties of neoliberalism. Now the free-market model has failed, social democracy seems stripped of the intellectual resource to renew itself.

The free market, neoliberal, answer in Spain was to bring back the peseta. In Greece, the drachma. And don’t give us any bollocks about this. Standard IMF practice – haircut the debt, devalue the currency, lend a bit to tide over until this all starts to work.

It’s that the EU, this Lisbon shit, is not neoliberal is the reason it doesn’t work.

12 thoughts on “But Paul, this is what you have to prove, not assume”

  1. That article is just total wibble.

    I never really watched Channel 4 News because Snow got right on my tits (most punchable voice on telly) but I sort of assumed that while Mason must have been intelligent and well-informed to get that role.

    Since he reinvented himself as a crusading journalist I have been amazed to learn that not only is he batshit crazy but he’s also thicker than a whale’s cock.

    How the fuck did he get the Channel 4 job?

  2. So Much For Subtlety

    Thicker than a whale’s cock seems generous.

    The EU was long championed as an alternative to the free market. The French still see it that way. The second a policy turns up that is an inevitable consequence of that alternative, suddenly it is a neo-liberal conspiracy.

    The EU wanted the anti-competitive single currency. They have got the anti-competitive single currency. What they have not got is austerity. Greece continues to spend more than they raise in taxes – maybe 5% of their GDP. The obvious solution is to give Mason what he wants and allow Greece to default. Lending will dry up. The budget will be cut by about 5% of GDP. And Greece will learn what real austerity looks like.

    Maybe in a decade they will have recovered.

  3. Mason is, like Richard Murphy, the Florence Foster Jenkins of economics. Both blissfully unaware of how cretinous they are.

    In the case of Mason, my theory is that he got as far in TV as he did solely because his nasal northern accent went towards the working class roots quota and acted as balance to the normal RP in the BBC and elsewhere.

  4. I’d always assumed that excepting the obvious lemon (Owen Jones) the Former Soviet bloc supporter and now Corbynite Spin Doctor Seamus Milne was as low as the Guardian could seek, at least in terms of its male columnists – (we all know about Toynbee and Williams among others evidently that are worse than laboratory protozoa but that is a side issue) but Mason is almost unreadable.

    Can anyone interpret this sentence?

    ‘Most socialist elites and bureaucracies in Europe – including Britain, as the backlash against Jeremy Corbyn shows – are attuned to running a capitalism that does not work, and seem incapable of imagining any other future.’

    And this shit is taken seriously?

    ‘At its best, the new left radicalism is municipal, inclusive, audaciously anti-racist and promotes horizontal democracy’

    Utter rubbish – in the event any locality contradicts the various totems of the PC Left, it would be immediately stopped from doing so by Central government.

    It is inclusive only of people within a very narrow strata of opinion.

    It is, as SMFS amongst others have shown aggressively racist towards Whites (and Some Asians)

    Horizontal democracy – as seen by its embrace of Brexit, no doubt..

    Hard to argue with MC – how did this guy achieve his prominence – it is incomprehensible….

  5. I’ve never actually understood most of what Paul Mason says – even when he was on Newsnight. Mind you, I don’t know what “neoliberalism” means – not exactly.

    I’m due to attend a lecture given by Paul Mason in a few weeks. I’m not sure whether I’m looking forward to it or not. Has anyone got a suitable question for me to ask him after he tells us that capitalism is dead?

  6. @ Easily Impressed
    Ask him who pays my pension. My ex-employer got taken over: some time later the Frogs started making the wrong people redundant, then more until they killed it; it now has no business and no employees but I regularly attend the reunion lunch for company pensioners. A well-designed pension fund can survive the death of the business but only because capitalism is alive and, just, surviving left-wing idiocy.

  7. @John

    I might easily have written that post. If your next pensioners’ lunch is 9/11 at the ROSL, I’ll see you there 🙂

  8. Never predicate your company’s pension fund on the continued existance of the company. I would have thought that was Rule Number Zero for any pension scheme.

  9. Bloke in Wiltshire

    “I’m due to attend a lecture given by Paul Mason in a few weeks. I’m not sure whether I’m looking forward to it or not. Has anyone got a suitable question for me to ask him after he tells us that capitalism is dead?”

    “How much of your pension have you moved into Venezuelan investments?”

  10. Bloke in Costa Rica

    You could hit him with the fact that absolute poverty has gone from about a third of the world’s population three decades ago to about an eleventh now, solely on back of ‘globalisation’ and ‘neoliberlaism’. But then yer Masons don’t really like darkies or slopes very much, seeing as how many of them they’ve beggared or killed.

  11. @ jgh
    “Never predicate your company’s pension fund on the continued existance of the company. ”
    We didn’t – that should be fairly obvious.
    Actually the whole reason for having funded pension schemes is so that the pensions paid to retired workers do not depend on the continued existence of the company.

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