An interestingly good summary of the results of the recent European Parliament elections:
The establisment Left had been crushed across most of Europe, just as it was in the early 1930s..
We have seen the ultimate crisis of capitalism what Marxist-historian Eric Hobsbawm calls the “dramatic equivalent of the collapse of the Soviet Union — yet socialists have completely failed to reap any gain from the seeming vindication of their views.
It is not clear why a chunk of the blue-collar working base has swung almost overnight from Left to Right, but clearly we are seeing the delayed detonation of two political time-bombs: rising unemployment and the growth of immigrant enclaves that resist assimilation.
Read the complete post, here.