Tomás Ó Flatharta

Looking at Things from the Left

Archive for the ‘Dante’ Category

Coronavirus has sparked a perfect storm of nationalism and financial speculation – Yanis Varoufakis, Former SYRIZA Finance Minister in Greece – THE GUARDIAN

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Here is a fresh warning about the toxic combination of two different phenomenons – the CoVid-19 Health Crisis and a Financial Money Markets Storm, similar to the 2008 Crash.

The author is Yanis Varoufakis, the Greek Finance Minister sacked from a SYRIZA Government before it surrendered to the Austerians.

See also https://tomasoflatharta.wordpress.com/2020/03/06/coronavirus-is-not-responsible-for-the-fall-of-stock-prices-international-viewpoint-online-socialist-magazine/.

When the air is replete with inflammable materials, any given spark can cause a financial explosion, at any time.

Éric Toussaint of CADTM examines a worldwide stock market collapse.

Eric Toussaint is a historian and political scientist who completed his Ph.D. at the universities of Paris VIII and Liège, is the international spokesperson of the CADTM (Committee for the Abolition of Illegitimate Debt) , and sits on the Scientific Council of ATTAC France. 
He is the author of Debt System (2019), Bankocracy (2015); Glance in the Rear View Mirror. Neoliberal Ideology From its Origins to the Present, Haymarket books, Chicago; “Debt, the IMF, and the World Bank, Sixty Questions, Sixty Answers”, Monthly Review Press, New York, 2010. He has published extensively in this field. He is a member of the Fourth International leadership.

Yanis Varoufakis, Former SYRIZA Finance Minister in Greece

Nationalism and speculation have seldom had a better opportunity to combine forces as the one riding today on the coattails of Covid-19, known as the coronavirus. When Covid-19 leapfrogged from China to Italy, even ardent Europeanists normally appreciative of open borders joined the deafening calls to end freedom of movement across Europe’s national borders – a longstanding demand of nationalists. Meanwhile, the money men speculating on government debt are performing a classic flight from Italian to German government bonds, seeking the financial safety that only the continent’s hegemon can offer during any crisis. As if in a bid to remind us of the great contradiction of our times, Covid-19 is illuminating gloriously the freedom of money to transcend a borderless financial universe while humans remain as fenced in as ever.

Coronavirus has sparked a perfect storm of nationalism and financial speculation – THE GUARDIAN

https://www.yanisvaroufakis.eu/2020/03/09/coronavirus-has-sparked-a-perfect-storm-of-nationalism-and-financial-speculation-the-guardian/
— Read on www.yanisvaroufakis.eu/2020/03/09/coronavirus-has-sparked-a-perfect-storm-of-nationalism-and-financial-speculation-the-guardian/

The Virus – Apocalypse Now?

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This is a very gloomy CoronaVirus Warning – and it is credible.

The Monster Is Bursting Through Our Door

Pentecostal Christians – and probably many others – believe that at ‘the end of days’, which precedes the Second Coming of Christ, the Four Horsemen of the Apocalypse will ride out.

The Four Horsemen are generally interpreted as being pestilence, death, famine, and war. If Pentecostals are thinking logically (as if) they should be expecting to see the Lamb of God some time soon.

In the wake of wars that have killed more than 500,000 since 2001 and an accelerating environmental crisis dramatised by the Australian firestorms, the current Covid-19 outstrips dystopian science fiction stories like Outbreak. What American Marxist author Mike Davis described as ‘The Monster at Our Door’ has, in a rather different form, burst through the door. Read the rest of this entry »

Sinn Féin Talking to Fine Gael – and the Social Democrats Offering Coalition With Either Leo Varadkar or Mícheál Matrtin

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A useful post from the Cedar Lounge Revolution Blog :

Okay, intriguing that FG are willing to talk to SF. Perhaps the penny has dropped with some that not talking is a bad look for political parties in a democracy. Can FF hold their line in light of this?
But more interesting again is the following from the SDs:
Ms Shortall and Ms Murphy reiterated the party’s position that they would not enter government with Fine Gael and Fianna Fáil, but would consider serving in government with one of the two parties and Sinn Féin.

https://cedarlounge.wordpress.com/2020/03/04/an-interesting-distinction/

The ballroom dances are not over! Coalition with FFFG is a one-way ticket into Dante’s Inferno.

How should Marxists react to Bernie Sanders becoming the front-runner?

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How should Marxists react to Bernie Sanders becoming the front-runner?

How should Marxists react to Bernie Sanders becoming the front-runner?
— Read on louisproyect.org/2020/02/24/how-should-marxists-react-to-bernie-sanders-becoming-the-front-runner/

Louis Proyect looks at the Bernie Sanders phenomenon in the USA, and offers large doses of reality countering a lot of socialist hype. Putting it in local terms, the USA Democratic Party is no better than Fianna Fáil or Fine Gael – it is certainly worse.

I get email from Bernie Sanders every so often. Naturally it is soliciting a donation, which I naturally ignore. What if instead the Sanders apparatus used their database to invite people living in my neighborhood to attend a meeting to discuss how to protect undocumented workers on the Upper East Side from ICE?

Better yet, what if Sanders gets screwed by the DP bosses in a brokered convention and Joe Biden or some other piece of shit gets nominated? Wouldn’t it be about time for him to run as an independent and begin to use his money to create a staff in every major city in the USA that is committed to his democratic socialist principles? I would jump in with both feet even if I, like other leftists, have problems with his willingness to base F-35s in Vermont. As it happens, I also had big problems with Ralph Nader in 2000 but was glad to vote for him as a Green Party candidate since I believe that CLEAN BREAK with the Democratic Party is the key task facing the left.

Instead, it is likely that Sanders will endorse another Democrat if he is cheated out of the nomination. To some extent, this is just a function of an old man not having the psychological and physical reserves to face up to the brutal opposition from the liberal wing of the ruling class that Nader faced in 2004. Probably, the one thing that is not factored into the Jacobin/DSA thinking is the degree to which Sanders is an outlier. Shaped by the same political sea change that turned me into a revolutionary socialist, he decided instead to become an evolutionary socialist in the Eduard Bernstein mold.

I would even be happy to back a party based on Bernstein’s evolutionary socialism in 2020 as long as it had the same kind of class independence that the German social democracy had. Within that party, I would fight for a revolutionary perspective like Luxemburg and even Kautsky did. But within the Democratic Party, I would say “Abandon all hope ye who enter here”, the words Dante written on the walls of Hell before entering it.