Crooked Timber comments on this slice of wingnutty goodness at The Economist!
France desperately needs reform .. .neighbours have been undergoing genuine reforms … deep anti-business attitude … proposing not to reform at all … refusal to countenance structural reform of any sort … resistance to change … hostile to change … Until recently, voters in the euro zone seemed to have accepted the idea of austerity and reform. … would undermine Europe’s willingness to pursue the painful reforms it must eventually embrace.
I’ve no idea what Hollande is going to be like (except that he’s certainly going to be disappointing). But I do know that this is one of the most exquisitely refined examples of globollocks that I’ve ever seen. It’s as beautifully resistant to the intellect as an Andropov era Pravda editorial. A few more years of this and the Economist won’t have to have any human editing at all. Even today, I imagine that someone with middling coding skills could patch together a passable Economist-editorial generator with a few days work. Mix in names of countries and people scraped from the political stories sections of Google News, with frequent exhortations for “Reform,” “toughminded reform,” “market-led reform,” “painful reform,” “change,” “serious change,” “rupture,” and 12-15 sentences worth of automagically generated word-salad content, and you’d be there.
I’ve been a long-time subscriber to The Economist and I am deeply disappointed in the recent editorial direction, the doubling-down on the austerity foolishness that is creating a trans-European economic wasteland.