12/18 AEP: Workers of Europe unite, you've only euro chains to lose

By John Galt
December 18, 2011 – 18:59 ET

Just wow.

Besides the obvious extremist rhetoric expressed by Ambrose Evans-Pritchard, the warning he issues to the extreme leftist loons of Socialist Europe is best expressed in the first four sections of his commentary from tomorrow morning's print edition of the U.K. Telegraph:

Almost 97pc of the European Union's population is now governed by conservative or Right-leaning coalitions, or EU-imposed mandarins. All that is left to social democrats is Austria (8.4m), Denmark (5.5m), and Slovenia (2.1m).

The whole machinery of the European Union (EU) system is under the control of the Right, with variants of Rhenish corporatism in the Council, and pre-modern Hayekians at the European Central Bank (ECB). Whether you regard this Hegelian ascendancy as good or bad, it certainly has profound consequences.

For just as former Prime Minister Margaret Thatcher protested at Bruges that “we have not successfully rolled back the frontiers of the state in Britain, only to see them reimposed at a European level”, the Left might equally protest that they have not fought the long, hard struggle for worker rights in their own democracies to see social welfare rolled back by Brussels and Frankfurt.

In Italy, EU viceroy Mario Monti has more or less been ordered to reform the labour code, to break union power by shifting to “firm-level” wage deals and rewrite Article 18 that protects workers against sacking for economic reasons – the issue that led to the assassination of two labour reformers by the Red Brigades since 1998.

The hilarity of the article in question? Read the headline and click on the title to read the story in full:

Workers of Europe unite, you've only euro chains to lose

What I think the respectable Mr. Evans-Pritchard ignores is that the European “right” is the equivalent of the North American left! The problem for Europe is not what he proclaims as a final opportunity for the “workers” and left to act one last time to preserve the failed system, nay, it is a fear of freedom and liberty which lead to the establishment of the United States and provide the dominance of the last century guaranteed by our freedom, innovation, and willingness to challenge the future with individualism versus statism as a solution to economic and political issues of the day.

Tis' a shame that Ambrose fails to advise the “workers” of Europe to abandon the 20th Century spew and adopt a future founded on their own initiative or innovation, rather than relying on the state or a centralized political unit for solutions for the masses.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!