Word: socialistic
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...Opposition pols have been keen to make hay. "We will not back nationalization," Tory Shadow Chancellor George Osborne said. "We will not help Gordon Brown take this country back to the 1970s." While that's unlikely to happen - it's been years since Labour could pretend to be a Socialist party - Brown's government will be hoping the same decade offers a useful precedent. When Rolls-Royce was on the brink of collapse in 1971, Osborne's own Conservative party nationalized the aerospace company, arguing it was crucial for the country's science and industry base. "[Rolls-Royce has] been...
...Today, several voices have called for more regulation of investment banks like Société Générale. Speaking at the Harvard Kennedy School, French Socialist leader Segoléne Royal cited the Kerviel case as an example of why a sort of global regulatory central bank is needed. Royal may be right: Regulation, like good risk management, may help curb moral hazard. But this is just part of the solution...
Calling on the French Left to “put people before ideology,” former French presidential candidate Segolene Royal gave two lectures to Harvard students this week on European politics, one in an intimate setting and one in front of hundreds.Royal, a member of the French Socialist Party, spoke about reforming the European Left during a session with undergraduates at the Center for European Studies (CES) on Monday before giving a lecture at an Institute of Politics (IOP) Forum yesterday on restructuring the French economy, with a translator assisting her at both events. “After...
...since October. This time it was cabbies denouncing sweeping liberalization across a range of small, protected business sectors, as proposed in a study by an expert panel commissioned by Sarkozy to find ways of stimulating economic growth. The commission is headed by Jacques Attali - a former adviser to late Socialist President François Mitterrand who backs Sarkozy's effort to shake up France - and its report enraged small businesses like taxi drivers, pharmacists, hairstylists and convenience store operators with deregulation proposals that owners say will seriously undermine their livelihoods. Though Sarkozy immediately dismissed a few of the 316 proposals...
...former female presidential candidate will likely comment on the current prospects of another, as former French Socialist Party candidate Ségolène Royal comes to Harvard next week to speak about the role of gender in politics and her work to revitalize the French Left. Royal, who lost her bid to become President of France last May to conservative rival Nicolas Sarkozy, will be at Harvard in time for “Super Tuesday,” when presidential candidate Hillary Clinton will be competing in over 20 states for the nomination of the Democratic Party...