Tag Archives: right parties

How Western Capital Colonized Eastern Europe

by Leonid Bershidsky

Yet another Eastern European country is about to get a populist, anti-immigration, euroskeptic government: Billionaire Andrej Babis’s ANO party enjoys a wide poll lead ahead of the October parliamentary election in the Czech Republic. The central European country would join Poland, Hungary and Slovakia. If that sounds ominous, there is at least one bulwark against extremism in the region: Western European capital.

 Indeed, Western investment plays such an important role in economies of all these countries that nationalist politicians make their countries look more like truculent colonies than partners in a grand integration project.

In a recent paper, Filip Novokmet, Thomas Piketty and Gabriel Zucman bluntly call Eastern European nations “foreign-owned countries.”

 “The owners tend to come from EU countries (in particular from Germany),” they write. “So in some sense it is not entirely different from the situation of peripheral regions that are being owned by more prosperous central regions in a large federal country.” To Piketty and collaborators, this is a nuisance because it distorts inequality measurements: Much of a country’s wealth and income accrues to foreign shareholders who do not belong to the local top one percent, so the country looks more egalitarian than it actually is. But it also has broader implications.

Relative to their economic output, Eastern European nations have the biggest negative net investment positions in the EU, unless one counts Ireland, Greece, Cyprus, Portugal and Spain — all recipients of big bailouts during the recent financial crisis.

France |

Danielle Bleitrach

Quand on voit quelqu’un comme l’ancien maire de Paris Delannoe se livrer à un travestissement de l’histoire totalement indigne pour nier la part de responsabilité qu’il porte lui et ses amis dans la situation actuell, on a honte pour le PS et ses dérives, on voit jusqu’où ces gens peuvent aller et on se dit que son poulain Macron peut citer karl marx, » celui qui ignore l’histoire est condamné à la revivre » comme l’ultime ruse de ceux qui nous manipulent depuis des décennies pour nous conduire là où nous en sommes.

France | Mutations of Fascism: an interview with Enzo Traverso

by Olivier Doubre

In Les Nouveaux Visages du fascisme, Enzo Traverso and Régis Meyran discuss the continuities and discontinuities between the fascist movements of the twentieth century and the “post-fascist” far right of today. Olivier Doubre spoke with Traverso for the 16-22 February 2017 edition of Politis. Translated by David Broder.

Venezuela | Venezuelan Right Wing Puts Coup Backer at Head of Parliament

Venezuelan legislators appointed Thursday controversial right wing figure Julio Borges to head the National Assembly.

Borges has been a divisive figure in Venezuelan politics since supporting a failed 2002 coup against former socialist President Hugo Chavez, and for his ties with the US government.

Austria | Austria: right-wing workers vs. left-wing upper classes?

by Wilhelm Langthaler

The results of the first round of the presidential elections were an unexpected shock for the ruling Grand Coalition composed of Social-democrats and Christian-conservatives. This has been the political formula for the neo-liberal regime ever since the late 1980s. But the popular masses more and more turn their backs on them. The point of collapse is coming closer. The opposition from below, however, is being articulated mainly by a cultural chauvinist refusal of Islamic migration and is led by the historic right-wing forces.

New ascendancy of FPÖ – social-cultural protest from below