Tuesday , March 19 2024
Home / SNB & CHF / “Whatever it takes” – Part II of II

“Whatever it takes” – Part II of II

Summary:
The Fascist Boogeyman awakes again The threat of a far-right takeover has been around for at least three decades in Europe and Italy has been one of the best “candidates” for the “beginning of the end” since the last European crisis ten years ago. Back then it was the Lega, led by Salvini, that fueled the scaremongering campaigns of the mainstream press, labeling every conservative policy point as basically pure fascism. Of course, none of those grim scenarios actually materialized and there were essentially no real reforms made, “fascist” or otherwise, while Italy continued its “business as usual” politically and economically. Of course, this entire narrative is based on nothing but absolute nonsense and sensationalism. The “far right” threat is nothing

Topics:
Claudio Grass considers the following as important: , , , , , , , , , , ,

This could be interesting, too:

Marc Chandler writes Euro’s Recovery to .09 Looks Vulnerable while Yen Falls to New Lows for the Week After Strong Pay Raises Confirmed

Frank Hollenbeck writes Zurechtkommen mit der Komplexität des Klimawandels. Eine genauere Betrachtung der wissenschaftlichen Methode und ihrer Einschränkungen

Swiss Customs writes L’OFDF mandate un prestataire de service de base pour la RPLP

Swissinfo writes Investigation into collapse of Credit Suisse beset by delays

The Fascist Boogeyman awakes again

The threat of a far-right takeover has been around for at least three decades in Europe and Italy has been one of the best “candidates” for the “beginning of the end” since the last European crisis ten years ago. Back then it was the Lega, led by Salvini, that fueled the scaremongering campaigns of the mainstream press, labeling every conservative policy point as basically pure fascism. Of course, none of those grim scenarios actually materialized and there were essentially no real reforms made, “fascist” or otherwise, while Italy continued its “business as usual” politically and economically. Of course, this entire narrative is based on nothing but absolute nonsense and sensationalism. The “far right” threat is nothing more than the other side of the Hegelian dialectic of divide and conquer. There is nothing scarier about the far right than the far left; if anything, the far left should be a lot more terrifying, given that its supporters and enforcers have taken millions more lives. At best, they are two sides of the same coin: national socialist vs. international socialist. Both are inhuman, psychopathic and inherently evil ideologies and to pretend that one is better than the other is to argue that the plague is better than cholera.

Today’s boogey-woman is Giorgia Meloni. Her party, the “Brothers of Italy” got just 4% of the vote in 2008. But now, a short four years later and after “Super Mario” left the country in even more pieces than he found it, they’re actually leading the polls and Meloni, at this point at least, looks set to become Italy’s first female prime minister in September. To be fair, the Brothers are certainly “scarier” than the League, at least from a historical perspective. While today the party claims to be reformed, a statement that appears to be true looking at their policy platform, its past is less than savory. Meloni herself was confronted in many interviews about her party’s neo-fascist roots and her own involvement in Italian Social Movement (MSI) party’s youth wing. 

At present, however, for all rational observers, and there aren’t many, the real threat is not the prospect of a female Mussolini at Italy’s helm. This is merely sensationalist nonsense, unsupported by currently available evidence. If anything, at its present core, the Brothers party is just old-fashioned nationalist – it’s just that the political “meter” has shifted so much to the Left over the last decade that such descriptive words have lost their meaning.

The real threat is the return of collectivist populism, the crassest and lowest kind of politics, that appeals to the basest of human instincts. Be it “left” or “right”, this sort of populism is always toxic to society, it ignites the mob and it is absolutely fatal to free speech, open debate and the completion of ideas. It denies the importance of the individual and his own mind and it focuses on the lowest common denominator, culturally and intellectually to foster a sense of “unity” and “belonging” based on the worst instincts of humanity. To make matters worse, it destroys every economy it takes hold of too. Short-sighted and mob-pleasing policies, a “Strong State” and a total disregard for unpleasant truths ensure that any economy, let alone a long-suffering one like Italy’s, can only deteriorate further under this kind of political rule. 

And Meloni sure sounds like she’s ready to steer the ship towards that particular iceberg. For one thing, her planned election slogan is “Italy and Italian people first!”. And while she’s a vocal Eurosceptic and she has called for less bureaucracy and influence from Brussels, she’s hardly likely to turn down the hundreds of billions of euros of the EU recovery fund, while her agenda also includes more family-oriented state benefits and more State support for sectors she views as “more competitive”. And of course, as a yet another career politician, who has no credentials and no experience in economics, public finance or even basic math, even without the populist bend, she is bound to use even more debt to ensure a second term, handing out funds to groups regarded as “us” and punishing “them”.

A bleak future, not just for Italy, not just for Europe, but for the West at large 

At the moment, the news cycle about Italy’s situation is most dominated by grief-stricken lament over the “loss” of Draghi and by shrieking doomsday cries over the imminent defeat of Democracy under the boot of Fascism. And all this without a hint of irony, given that the “messiah” who is so sorely missed already was never democratically elected. And it’s not just the irony that’s missing. There’s no accountability either, and no honest attempt to track how exactly Italy found itself in this very same corner once again. 

Whether Meloni takes over or not, there needs to be a serious discussion and a sincere inspection of what went wrong. For one thing, nobody in the mainstream press or in any position of power seems to be able to admit the simple fact that an unelected technocracy is the same thing as a benevolent dictatorship. It really doesn’t matter what a ruler’s intentions or “special skills” are: they might be kind, generous, gracious and totally competent or they might be illiterate, bloodthirsty, bigoted sociopaths, but the moment they start telling people what to do and spending their money without their consent they become morally equivalent. 

Unfortunately, not only is this fundamental fact not even recognized, but this political direction is becoming the norm for Europe, as more and more decisions are being made by appointed and taxpayer-funded paper pushers, far removed from those that are directly affected by them. And while the economy appears stable, at least on the surface, most people go about their business and have no need to blame anyone for anything, or even wonder who might be to blame. 

But when the winds change, like they have over the last months, and when putting food on the table becomes an increasingly difficult task, there is a very strong demand to assign blame for it. As the public discontent and the anger continues to fester, it very easily boils over once people realize that they never even got a say and never chose to be led by those responsible for their predicament. 

This was the same anger we saw a decade ago at the height of the Eurosceptic wave, only this time it’s bound to be much worse. Back then, it was only a mild economic downturn, some bitterness over EU bail outs of chronically fiscally irresponsible nations like Greece and some misgivings about mass migration. Today, populists have infinitely more fertile ground to thrive on. The economy is in a considerably more dire state and after the Covid ordeal, most people have seen the extremes to which their State is prepared to go and the kind of oppressive and coercive measures it is willing to enforce. Anger abounds, but so does fear: for the future, for one’s family and for one’s livelihood. 

There is one silver lining, nevertheless: This time around, one of the chief concerns and triggers for this public anger is inflation. Unlike previous crises, this time money, the currency itself, is in the spotlight. Hopefully, this will re-focus and reframe the public discussion and it will turn the citizen’s attention to the true underlying cause of all that ails them. Rotten money can only result in rotten societies, governed by rotten rulers.

Therefore, it will be interesting to see how the different cultures in Europe are going to respond when the “great reset” will happen. They can go for a “French Revolution 2.0” in the form of “Zentralverwaltungswirtschaft” in the name of collectivism. It takes the form of Communism, Socialism, Fascism on a national or international level based on imperialism like we had already in the past. Or, and this is what I hope for, people will finally understand that politics is never the solution but the problem. They can then embrace the competition of ideas, understanding that man is born free and is not a means to an end and they can choose the direction of decentralization and the principles of subsidiarity. I personally remain positively convinced that the future looks much more like a myriad cantons than a couple of big empires.

Claudio Grass, Hünenberg See, Switzerland

This work is licensed under a Creative Commons Attribution 4.0 International License. Therefore please feel free to share and you can subscribe for my articles by clicking here


Tags: ,,,,,,,,,,
Claudio Grass
Claudio Grass is a passionate advocate of free-market thinking and libertarian philosophy. Following the teachings of the Austrian School of Economics he is convinced that sound money and human freedom are inextricably linked to each other. He is one of the founders of GoldAndLiberty.com.

Leave a Reply

Your email address will not be published. Required fields are marked *