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submitted 1 year ago by Discopanda@hexbear.net to c/news@hexbear.net

Oh what the hell is going on over there

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[-] aqwxcvbnji@hexbear.net 29 points 1 year ago

I translated the reaction of the general-secretary of the Belgian Workers Party to the Dutch election results. I think it makes a lot of sense.

"The election results in the Netherlands are tough but not unexpected.

The cocktail of decades of blind austerity, bureaucracy and frantic marketization had already exploded on March 15 this year (when the BBB [= right-wing farmers party] won the election).

No lessons were learned from that. On the contrary. The centre-right parties copied the rethoric of the extreme right that keeps on kicking downward, to the people who have the least. Perhaps it is better to look at those at the top?

Public utilities were privatized; public services stripped; education and health care came into the hands of professional managers; child care became a haven for private equity funds; the social rental sector became a shadow of what it had once been; and the Dutch labor market became the most flexible in the entire European Union: one in three workers has a flexible employment contract.

Wages remained static and profits went through the roof. Harrowing poverty increasingly came alongside obscene wealth. Over a million Dutch people sank below the poverty line. According to the latest counts, there are 32 thousand registered homeless people. Food banks that still had a meager six thousand clients in 2008 have seen that number increase to 120 thousand fourteen years later. Meanwhile, the number of millionaires reaches a record high: as many as 317 thousand citizens own assets of more than a million euros.

That is the policy of the last two decades. And those policies were pursued by the centrist parties, all of them. If we want to stop the extreme right, it can only be in breaking with those neoliberal policies, rather than now preaching headlong more of the same centrist policies.

And yes, it can be done. If we dare to look upwards instead of downwards."

To add one thing to this analysis: the collective profit of all non-financial companies in the Netherlands was higher than all the wages combined. Total wages were 330 bilion euros, total profits of non-financial corporations were 344 billion, and profits of financial corporations were 190 billion. That means 534 billion euros in profits for 330 billion in wages.

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this post was submitted on 23 Nov 2023
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