Connect with us

Business

FPÖ victory and Austria’s myth of victimhood

Published

on

Ben Hall writes that one theory why Austria is now marching to the far right is that the country presents itself “as the first foreign victim of National Socialism”, and therefore “lacks the same culture of remembrance and . . . resistance to the far-right as Germany” (Instant Insight, October 1).

One might go a step further and suggest this notion of victimhood is a national myth, belied by the fact that Austrians wildly welcomed the Anschluss. Hitler came from Linz, and he was thus welcomed as a homeboy returning in glory. Or to put it another way, Hitler was perceived to have solved the hitherto intractable problem of German nationalism via the so-called Groß-Deutsch solution, which Bismarck had rejected.

I recall visiting Kahlenberg mountain (site of the 1683 battle which saved Europe from the Ottomans). There I found a commemorative bust of a mayor of Vienna, post-Anschluss, with a swastika engraved in its base. Why, I wondered, was this bust still on display, on a site for tourists no less? The answer may be that Austrians, far from suffering from a failure of collective memory, may actually remember all too well. The FPÖ’s victory may simply signify chickens coming home to roost.

Emeritus Professor Albion M Urdank
University of California, Los Angeles, US

Advertisement

Source link

Continue Reading
Advertisement
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Business

Watches and Jewellery: October

Published

on

India becomes hot ticket for Swiss watchmakers; western brands are working closely with Chinese artists; high-tech lumes brightening up the face of watch design; the tools and ideas driving an intaglio renaissance

Source link

Continue Reading

Business

Consumer laws are driver for innovation in Europe

Published

on

Banker all-nighters create productivity paradox

In his letter “EU focus on protecting the consumer is stifling innovation” (September 30) Danny Leipziger is correct to highlight the importance of lowering barriers to entry and improving the functioning of the EU’s single market. But he could not be more wrong about the EU’s regulatory focus on consumer protection. It is the combination of high consumer protection standards and competition to meet the demands of millions of consumers across Europe that give companies the incentive to increase the quality of their products, improve their efficiency and deliver innovation.

Large companies, including those in Big Tech, are continuing to pursue a vigorous campaign against EU legislation to protect consumers’ interests like the Digital Markets Act precisely because it aims to lower barriers for new market entrants, bringing more competition and ensuring that innovation is not dictated and controlled by a few powerful companies.

Agustín Reyna
Director-General, European consumers’ organisation BEUC, Brussels, Belgium

Source link

Advertisement
Continue Reading

Travel

Important Update: Vistara and Air India Integration

Published

on

Important Update: Vistara and Air India Integration

Starting September 3, 2024, bookings for travel after November 11, 2024, cannot be made on Vistara’s platform.

Continue reading Important Update: Vistara and Air India Integration at Business Traveller.

Source link

Advertisement
Continue Reading

Business

Letter: Take three economists

Published

on

Banker all-nighters create productivity paradox

Mario Rizzo (Letters, September 14) paints a dismal picture of academic economists engaging in anti-competitive practices (oh the irony), as a kind of intellectual (or at least mathematical) cartel.

The problem is worse. Mainstream economics has had a dismal record of prediction. As John Kenneth Galbraith said, “The only function of economic forecasting is to make astrology look respectable.”

But the problem is even worse than that. For almost 50 years, economists, guided by early papers by American economist William Nordhaus, have peddled the line that it would be cheaper to let climate change rip, because the clean-up would be cheaper — as a percentage of overall wealth — at some point in the future. That’s not working out so well, is it?

At more or less the time Galbraith made his observation, another economist, Kenneth Boulding quipped: “Anyone who believes that exponential growth can go on forever in a finite world is either a madman or an economist.”

Advertisement

Marc Hudson
Stone, Staffordshire, UK

Source link

Continue Reading

Business

Letter: Austerity redux?

Published

on

Banker all-nighters create productivity paradox

From Chris Partridge, Stratford-on-Avon, Warwickshire, UK

Source link

Continue Reading

Business

Biomass-derived plastics are double-edged sword

Published

on

Banker all-nighters create productivity paradox

You report that AP Møller Holding, the Maersk family’s investment group, is putting its weight behind moves to cut fossil fuel plastic pro­duc­tion (Report, October 1).

Plastics derived from renewable biomass, however, are a double-edged sword and may worsen environmental pollution rather than reduce it.

Bio-based plastics can only counter emissions from fossil fuel-based plastic if the electricity used in their production is entirely derived from clean, renewable sources. Otherwise, if they are produced from gas or coal-fired electricity, their emissions are four to seven times higher than that of fossil fuel-based plastics.

Furthermore, bio-based plastics do not address the root cause of the plastic pollution challenge. The current rate of plastic production is too high!

Advertisement

Calling it bio-based does not mean that the plastic is biodegradable and decomposes. So, even if bio-based plastic recycling were at an optimum level globally, we would still be unable to recycle our way out of plastic pollution.

Innovators can focus more on alternative, sustainable materials with low environmental footprints and shift consumer behaviour to reduce the demand for plastic of whatever composition.

Edna Odhiambo
Climate Adviser, Nairobi, Kenya

Source link

Advertisement
Continue Reading

Trending

Copyright © 2024 WordupNews.com