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From The Socialist newspaper, 27 February 2013

Italian election - Results resolve nothing

The Italian election on 24 and 25 February was long-expected to end in a stalemate, but the closeness of the votes and the possibility of a temporary coalition and another election soon have caused big falls on stock markets around the world.

Fears for the ability of the eurozone's third largest economy to get out of economic stagnation and growing budget deficits and to repay its 2 trillion debts have fuelled speculation that the euro is once again in jeopardy.

A movement that was unknown three years ago - the Five Star Movement - has gone from 15% (in the polls) to 25% in the last two weeks! Its leader, the comedian Beppe Grillo, had taken an anti-euro and anti-establishment stance, and drawn hundreds of thousands to his 77 city square meetings across the country.

Grillo calls for nationalisation of the banks and a reduction in working hours to create jobs. He also criticises cuts to education and health services.

The so-called centre right coalition, headed by Silvio Berlusconi, also rose rapidly on the basis of populist promises such as ending the highly unpopular homes tax (and even repaying the 4 billion already levied!). It finished with 29.1% of the vote for the lower house - the Chamber of Deputies - to the 29.5% for the 'Centre-Left' coalition under Democratic Party leader, Pier Luigi Bersani who offered nothing and threw away an 11% lead.

For workers in Italy there was no mass party championing their interests in a clear fight against the austerity measures imposed under the former technocratic prime minister, Mario Monti on the orders of the 'Troika'. (Monti's own list struggled to get just over 10% of the vote)

The coalition called 'Civil Revolution' led by ex-magistrate Ingroia, in which the once combative Rifondazione stood, received just 2.25% of the vote and will have no deputies in the parliament.

A fuller analysis by Contro-corrente (the Socialist Party's sister organisation in Italy), will be carried on the website of the Committee for a Workers' International: socialistworld.net

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In The Socialist 27 February 2013:


Socialist Party news and analysis

Austerity... Anger... Action!

Resist all attacks on trade union facility time

The Work Programme isn't working

Will the Tories play the benefits card?

Foodbank figures reveal reality of austerity

Them & Us


International socialist news and analysis

South Africa: Big response for Workers' and Socialist Party

Italian election - Results resolve nothing


Socialist Party workplace news

Oil tanker drivers show their industrial strength

Socialists strengthened on NUT executive

London workers lobby GLA about cuts and conditions

Housing support - workers and service users under attack

Workplace news in brief


Socialist Party reports and campaigns

Southampton: Councillors must fight attacks on council services

Trade Unionist and Socialist Coalition: building an anti-cuts electoral voice

Hull: build an unstoppable force

Campaigning against the cuts

East Midlands Ambulance Service

Marching against cuts in Coventry

Socialist Party 2013 congress

Socialist Party Scotland conference


Socialist history

45 years since the Ford Dagenham strike: women workers still fighting for decent pay


Readers' comments

Should socialists support GM foods?

A busy day in the life of a 'shirker'


 

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