Yanis Varoufakis co-founder of DiEM25 (Democracy in Europe Movement) and former Greece finance minister, has advocated a Green New Deal for Europe. Towards the end of an article (Dec.2018) he wrote:
This is what Democracy in Europe Movement 2025 – which I co-founded – and our European Spring alliance will be taking to voters in the European parliament elections next summer. See video here.
The great advantage of our Green New Deal is that we are taking a leaf out of US President Franklin Roosevelt’s original New Deal in the 1930s: our idea is to create €500bn every year in the green transition across Europe, without a euro in new taxes.
Here’s how it would work: the European Investment Bank (EIB) issues bonds of that value with the European Central Bank standing by, ready to purchase as many of them as necessary in the secondary markets. The EIB bonds will undoubtedly sell like hot cakes in a market desperate for a safe asset. Thus, the excess liquidity that keeps interest rates negative, crushing German pension funds, is soaked up and the Green New Deal is fully funded.
Once hope in a Europe of shared, green prosperity is restored, it will be possible to have the necessary debate on new pan-European taxes on C02, the rich, big tech and so on – as well as settling the democratic constitution Europe deserves.
Perhaps our Green New Deal may even create the climate for a second UK referendum, so that the people of Britain can choose to rejoin a better, fairer, greener, democratic EU.
Read the whole article here.
On Monday, March 25, DiEM25 and European Spring gathered in Brussels to present the women and men from all corners of Europe who will take our common political programme to the ballot on May 25 – like Génération.s’ Benoît Hamon and LIVRE’s Rui Tavares among others – at the BOZAR theatre. This is where we officially launched our European Spring campaign – embodied in a New Deal for Europe, a set of ambitious economic proposals to save Europe from itself by transforming it.
Posted in democracy, economics, economy, employment, energy, environment, finance, government, political decision-making, tax
Tagged EU, green prosperity, US President Franklin Roosevelt, Yanis Varoufakis
Responding to critics of Jeremy Corbyn, Molly Scott Cato, a Green MEP, writing from the European Parliament, Brussels, Belgium, gets to the heart of the matter:
In a political system based on government and opposition, how can Labour fulfil its constitutional duty to strenuously oppose the government’s Brexit plans when voters in the constituencies its MPs represent have “instructed” them not to?
With no written constitution, there was nothing to prevent David Cameron from unleashing the destructive EU referendum with no proper safeguards.
If we had a proportional electoral system, the sound opposition being provided by Green MP Caroline Lucas and Liberal Democrat leader Tim Farron would be greatly reinforced.
And if we had a democratic and effective second chamber, something my colleague Baroness Jenny Jones has been working for through her House of Lords Reform bill, we might expect its members to restrain the worst excesses of post-referendum foolishness.
Currently they dare not for fear of incurring their own abolition.
Rather than the Great Repeal bill we need a new Great Reform bill with three simple provisions:
- a written constitution,
- a proportional voting system
- and a fully democratic second chamber.
Source: Financial Times
In marked contrast to the Highland clearances in the 18th and 19th centuries, which followed enclosure of agricultural land in England, last March the Scottish parliament passed sweeping land reform legislation intended to increase transparency, boost community ownership, end a twenty-year-old exemption from business rates granted to shooting and deerstalking estates and strengthen the rights of tenant farmers. The bill was passed by a majority of 102 to 14.
Regulation and implementation guidelines will be decided after parliamentary elections in May. Lawyers warn that more clarity is needed on provisions that give community groups the right to purchase privately held land if the government agrees that doing so will promote “sustainable development”.
A strengthening of the rights of tenant farmers, including the creation of a new form of limited duration lease, has been one of the law’s contested elements. Tenants will be able to assign or bequeath their leases to a wider range of people, a change that will encourage transfers to a new generation of farmers.
Some hope for further advances, addressing the over-concentrated pattern of ownership, where it is estimated that 432 owners account for 50% of the nation’s privately held land. A list of the top 20 Scots and foreign landowners was placed on the Highland Clearances website – now shut down. Another list has been found in the Sunday Post.
However, landowners have warned that the changes could be subject to expensive legal challenge, citing the experience of a previous round of Scottish land reform pushed by Scottish Labour. In 2013 the Supreme Court ruled that the 2003 law strengthening the position of tenant farmers violated a landowner’s right to protection of his property under the European Convention on Human Rights.
On 16 March 2016, following a final debate, the Land Reform (Scotland) Bill was passed but will not become an Act of the Scottish Parliament until it can be submitted for Royal Assent by the Presiding Officer. This means that the bill could receive the Royal Assent in mid-April, at the earliest.
The law aims to increase transparency of land ownership and control through a public register and was described as a major step towards a fairer and more open model of land ownership by Megan MacInnes – Community Land Scotland.