Wednesday, April 15, 2015
Bye Bye, Labour posted by Richard SeymourMy latest in the London Review of Books discusses the Pasokification of Labour:
Ironically, Labour’s electoral weakness may stave off the worst for it. The party is trapped in a spiral of self-destruction, which James Doran, a Labour activist, has called ‘Pasokification’. Greece’s dominant centre-left party implemented austerity and its vote collapsed from 43.9 per cent in 2009 to 4.7 per cent in 2015 – but Pasok’s fate is only an extreme form of the implosion threatening most European social democratic parties, from the German Social Democrats to the French Socialists. The Labour Party faces a dilemma in May. Defeat will be demoralising and will increase the possibility that the party will ultimately collapse. There is little evidence that any significant force, other than the Blairites, would be in a position to take advantage of Miliband’s loss, and certainly none that a Labour left with any influence would emerge from the ruins. Yet if it wins, Labour will be forced to implement an austerity agenda which, while not enough to satisfy Conservative voters, will turn its own remaining voters off in droves. That would be a defeat of a different order. For a vision of that future, one need only look across the Channel, at François Hollande sinking and sinking in the polls, and the Front National on the rise.