The Financial Crisis Inquiry Commission of the United States has just released its final report on the causes of the economic catastrophe that has so impacted the world. The report concludes that the monumental economic collapse was largely avoidable and occurred mostly because of "human action and inaction"; that is to say, in so many words, insufficient regulatory practices at all levels of government and the private sector combined with an excessive drive to accumulate more wealth by financial institutions, ultimately leading to the worst economic crisis in 80 years.
At the same time that the institutions were causing this financial meltdown, which economically crippled millions of people who had contributed nothing to the crisis, they were rewarded with massive tax-payer-funded bailouts by the government and lavished themselves with massive bonuses.
While this type of financial bust is inherently systemic in a capitalist economy, the magnitude of this crisis should have, in particular, irrevocably damaged right-wing, neoliberal economic practices that preached deregulation of financial sectors and, more broadly, strengthened parties on the Left that are more anti-free market or less pro-capitalism. Yet, despite this demonstration of the deficiencies in neoliberalism or capitalism, the Right appears to have emerged stronger, while the Left is in disarray.
In Europe, only a few countries are currently governed by left-wing parties (Norway, Spain, Portugal among them), while the majority of the rest, including the large economies of Germany, Britain, France, and Italy are run by conservatives and/or neoliberals. Support for social democratic parties like Britain's Labour or Germany's SPD are the lowest they've been in decades.
In the U.S., the Tea Party advocated for even less government regulation and the right-wing Republican Party just won control of the House of Representatives. A Conservative minority government in Canada has remained in power for the past 5 years, despite the opposition's best efforts at unseating them. Chile elected its first conservative president in years.
Certainly, some of the Right's success in Europe can be attributed to a rise in anti-immigrant sentiment, but this doesn't explain wholly why they control a majority of ruling governments on the continent.
Whither the Left? Why has the left wing been unable to conquer the right at a time when they should have already easily done so?
Some think that it's because they have nothing new to offer. If that were true, though, then why did the Republican Party gain so many seats after having essentially the same platform that Americans overwhelmingly rejected in 2006 and 2008?
Perhaps it's because the message isn't getting out about what the Left stands for. This is a possibility. The center/center-left Liberal Party of Canada has been having somewhat of an identity crisis for the past several years, with voters unsure of what the party stands for; their traditional support has steadily eroded. But, if one looks at the fracturing of the Left in European countries, voters are clearly given a variety of options of left-wing choices and it's still not been enough, even for traditionally strong leftist countries like Sweden or Denmark.
One of the major problems facing the Left is this fracturing. The German Left is composed of the Greens, SPD, and Die Linke. The SPD has ruled out the possibility of any future coalition governments with Die Linke, who should be a natural ally. So has the Liberal Party of Canada thus far appeared offended at even the mention of joining with the social democratic NDP. The Obama administration's disdain for the "Professional Left" has been well-documented. If everyone on the Left apparently hates each other, then they cannot unite and therefore allow the Right to take control. The French Right is united behind the UMP, after several conservative and center-right parties merged together several years ago.
For so-called "Big Tent" parties who were recently unseated by their conservative counterparts, like Labour in Britain or the SPD in Germany, the fracturing of the Left attributed to their decline in popularity, as traditional core supporters disliked Tony Blair's Third Way and support of the U.S.-led invasion of Iraq, while German voters questioned just how socialist the SPD were after they introduced more right-wing policies, like raising the retirement age and changing the way social welfare payments were distributed. The SPD reached a new low in the 2009 Federal election, while the other parties on the German Left achieved historically high percentages.
American liberals became disillusioned with the Democrats when they perceived certain right-wing policies of the Obama administration, and they stayed home during the 2010 midterms. It can be inferred, therefore, that supporters of center-left or Left wing parties expect these parties to behave in a certain ideological fashion, an expectation that can be sometimes harsh on parties that have to develop policies in a more pragmatic fashion due to the circumstances of the situation.
The mutual dislike the Left feels for itself has only done more to damage to its common cause; austerity is the new nationalization in Europe as a result of conservative governments who proclaim to want to rein in spending and reduce deficits, but possibly have a thinly-veiled desire to tear up the social safety net. Pillars of Left-wing political monuments, like Britain's NHS or America's Social Security program are inching closer to the chop-block. For those who believe in a large government presence and social programs designed to smooth the rough edges of capitalism, they face a severe threat to their cherished ideals.
With in-fighting, blame, and accusations the order of the day for the Left, however, the defense of these pillars has become weaker at a time when they should be assured. For a resurgence of the Left, common cause and consensus will have to be found. As well, the impatience of many who want change and progress will have to be overcome, as the journey in the future will be a long, bumpy ride.
Monday, January 31, 2011
Whither the Left?
Labels:
britain,
europe,
france,
germany,
liberalism,
politics,
progressivism,
united states
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