home All News open_in_new Full Article

The Guardian view on Europe’s failing economic orthodoxy: social contracts cannot be renewed through cuts | Editorial

The French prime minister, François Bayrou, has become the latest leader to target the less well-off in order to balance the booksAs European politicians begin to pack their suitcases and head to the beach, they do so against a domestic backdrop that begins to look distinctly ominous. In Britain and France, nationalist populist parties consistently lead in the polls. In Germany, the particularly extreme Alternative für Deutschland is neck and neck with the conservative CDU. Specific dynamics might vary but the unsettling pattern is the same – large swaths of voters increasingly identify with authoritarian and often xenophobic political forces.Prolonged post-industrial malaise, wage stagnation and austerity have precipitated this wave of disaffection with the mainstream, especially among the less well-off. Yet in London, Paris and Berlin, governments of the centre-left and centre-right seem intent on alienating disillusioned electorates still further. During his visit to London last ...


today 5 h. ago attach_file Economics

attach_file Economics
attach_file Politics
attach_file Politics
attach_file Politics
attach_file Politics
attach_file Politics
attach_file Politics


ID: 2584302708
Add Watch Country

arrow_drop_down