March 19, 2004

NO WONDER THEY RESENT US SO (via ef brown):

Socialists: The zombies who won the Spanish election. (Chris Suellentrop, March 18, 2004, Slate)

Granted, the war in Iraq and the war against al-Qaida are the whole reason the world has been watching Spain so closely for the past week. But there's another reason for the conservative silence about Zapatero's economics: The socialist debate over what to do about capitalism—and the proletariat, and the theory of surplus value, and the ownership of the means of production—is largely over in Europe. If the old libel against American liberals is that they're socialists, the new European libel against socialists is that they're liberals—classical ones. Here are some of the economic promises on which Zapatero's Socialist Workers Party campaigned: lowering the corporate tax rate from 35 percent to 30 percent, cutting income taxes, and reducing the value-added tax. Oh, and they're going to balance the budget and control inflation. The man expected to be the Socialist finance minister, Miguel Sebastian, is a U.S.-educated economist with a Ph.D. from the University of Minnesota. He's promising to put his faith in the Invisible Hand. "There will be a strict separation between politics and business," he told the Financial Times. "We will be a market-friendly government." These are socialists?

They're what's left of them. The 43-year-old Zapatero took the helm of the Socialist Workers Party in 2000, in the wake of a disastrous election for the party. That year, the Socialists allied themselves with the Communists, known as the United Left, but for the first time since Franco's death in 1975, the Socialists and the United Left together did not win a majority of Spanish votes. In the wake of that defeat, Zapatero pledged to follow a "Nueva Via," or New Way, rhetorically aligning himself with the "New Democrats" of Bill Clinton, the "Third Way" of Tony Blair, and the "New Middle" of Gerhard Schröder. He would navigate between market fundamentalism and state socialism. The clear message: The era of big socialism is over.


Gotta be tough for a European Leftist to acknowledge that you're a compassionate conservative and that when the End of History came it landed on the American square, not the Socialist one.

Posted by Orrin Judd at March 19, 2004 10:05 PM
Comments

Under that secnario, attacking Bush and the war on Iraq can be seen as a diversonary tactic by Zapatero, to avoid having the leftist in his coalition focus on his domestic economic policies. Kind of a pre-emptive Schroeder tactic, except that Gerhard demonized Bush in order to take the focus away from his already tried-and-failed socialist policies.

Maybe if Zappa-T decides to keep his head low for the next couple of months and stops trying to be the Kerry campaign's European PR executive, this might work, but in the end he's probably going to come off as Chriaq lite, which is not a good image for someone to aspire to these days.

Posted by: John at March 19, 2004 10:44 PM

Good god, even SPAIN will have lower corp. taxes than we will.

But, will their long-lost cousin Pierre allow it?

Posted by: Sandy P. at March 20, 2004 12:25 AM

They have an immediate 3% to 6% of GDP advantage over the US on account of spending ZERO on defense. They collect 15%+ VAT on transactions from buying a TV to scoring with prostitutes. They pay a fraction for pharmaceutical products whose development was paid for by Americans...The question is why should Europe have any income taxes at all?

Posted by: MG at March 20, 2004 8:01 AM
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