In a world that seems to be divided between neoliberal orthodoxy and identitarian dogmas, it is possible to miss the waning presence of traditional social democracy. Born of the radical Left in Marx’s own time, social democrats worked, sometimes with remarkable success, to improve the living standards of working people by accommodating the virtues of capitalism. Today, that kind of social democracy learned at home from my immigrant grandparents and from the late Michael Harrington, one time head of the American Socialist Party is all but dead. This tradition was, in retrospect, perhaps too optimistic about the efficacy of government. Nevertheless, it sincerely sought to improve popular conditions and respected the wisdom of ordinary people.
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Deutsche Bank sharply criticises the “dishonest debate” with which the EU is selling its “Green Deal” to the people of Europe. The massive risks of the project for prosperity, the economic system and democracy itself should not be concealed, but should be addressed openly.
Eric Heymann, a senior economist at
Deutsche Bank Research, warns that Europe’s Green Deal and its goal of climate neutrality by 2050 threatens a European mega-crisis, leading to “noticeable loss of welfare and jobs”. And he warns: It won’t work without “a certain degree of eco-dictatorship”.
The analyst describes it as dubious that the Green Deal is being touted across the board as “a new growth strategy” which would allow the EU to become a “fair and prosperous society.” While this may look good on paper, Heymann writes, in order to achieve carbon neutral by 2050, Europe’s economy and its entire political and legal systems will have to be changed fundamentally.
Deutsche Bank sharply criticises the dishonest debate with which the EU is selling its Green Deal to the people of Europe. The massive risks of the project for prosperity, the economic system and democracy itself should not be concealed, but should be addressed openly.
Eric Heymann, a senior economist at
Deutsche Bank Research, warns that Europe s Green Deal and its goal of climate neutrality by 2050 threatens a European mega-crisis, leading to noticeable loss of welfare and jobs . And he warns: It won t work without a certain degree of eco-dictatorship .
The analyst describes it as dubious that the Green Deal is being touted across the board as a new growth strategy which would allow the EU to become a fair and prosperous society.
15 Jan 2021
UK Prime Minister Boris Johnson says he is becoming ‘more and more obsessed’ with COP26 (the United Nations climate conference which Britain is hosting later this year).
‘The green agenda is not just a load of green nonsense,’ he claims. ‘If you do it right, it’s the opportunity to create hundreds of thousands of jobs.’ The green agenda is not just a load of green nonsense… if you do it right, it s the opportunity to create hundreds of thousands of jobs
Looking ahead to COP26, Boris Johnson says he is becoming more and more obsessed with what we can do https://t.co/eGiunu4sRspic.twitter.com/83cBYLzVMA