History of New Netherland: Difference between revisions

Failure to address inflation during von valkenstein years, + progresive party lore
(Added references to Chrematic school, high inflation, brief immigration quota (1976-1979))
(Failure to address inflation during von valkenstein years, + progresive party lore)
Line 290:
Cornelis Holowatie, former Minister of Trade and Industry under S. S. de Haese, rose to the role of raedspensionaris in 1971. Holowatie was a polarizing figure in New Netherland politics. Being of Ruthenian descent, his ascendancy to the role was a divergence from the traditional Dutch or English lineage of previous leaders. Despite his close ties to De Haese and his credentials within the Zeyven party, his ethnic background was a frequent point of contention in conservative circles in the early years of his tenure.
 
==== 1973 global oil crisis and the Currencyinflationary Crisiscrisis ====
{{Main|1970s Global Oil Crisis|New Netherland currency crisis}}
 
Line 299:
== Patriotic revival movement era (1975-1979) ==
 
=== '''George vanvon Valkenstein administration (1975–1979)''' ===
In the 1975 elections, the Patriotic Revival Movement (PRM), led by George von Valkenstein, successfully garnered widespread support through a campaign focused on economic recovery and national resurgence. Capitalizing on public dissatisfaction from the skyrocketing prices, the PRM promised economic stabilization and stronger cooperation within the ANAN. Their platform appealed to a wide voter base, from the economically affected middle class to business sectors seeking a more stable economy.
 
His administration established an economic committee to guide the central bank and implement measures for economic stability post the 1973 oil crisis. Domestically, Valkenstein focused on inflation control and domestic industry stimulation. In foreign policy, he adopted an aggressive stance against Russia, contributing to heightened international tensions. Van Valkenstein was also an avid supporter of space research, supporting the endeavors of the [[American Rocketry Commission]].
 
===== Controversial Tussenlander immigration quota (1976-1979) =====
Valkenstein also introduced a controversial immigration quota for workers immigrating from [[Tussenland]] from 1976-1979, which he saw as a means to counter the gradual rise of unemployment within New Netherlander citizens, who Valkenstein perceived were losing jobs to Tussenlanders. This move was acknowledged and allowed by the [[Tussenland|Tussenlander]] government, led by [[Anssem Sjestakow]], who was concerned with an ongoing brain drain in high-tech industries. However, the move was unpopular within supporters of the ANAN framework.
 
==== Participation in the Alyeskan War of Independence (1978-1979) ====
== Progressive Party rule (1979-198x) ==
{{Main|Alyeskan Independence War}}
New Netherland, under von Valkenstein, joined the ANAN coalition to liberate Alyeska from Russian control. New Netherland deployed military assets to Alyeska, including ground troops, air support, and naval forces, to engage in operations against Russia.
 
==== Failure to address inflation ====
Despite Von Valkenstein's platform of economic stabilization during his 1975 campaign, his administration was largely ineffective in combating inflation. Despite seeking advice from both [[Leiden school of economics|Leiden]] and [[Chrematic school of economics|Chrematic]] schools of economic thought, Von Valkenstein's policies still often resembled those of his predecessors. Heightened spending during the [[Alyeskan Independence War|Alyeskan War]] was considered a significant contributor to inflation, which surged to 13.12% by the end of von Valkenstein's term, marking an all-time high. This prompted public calls for more decisive measures to tackle the inflationary crisis.
 
== Progressive Party rule (1979-198x1987) ==
In the 1979 elections, the [[Progressive Party of New Netherland|Progressive Party]] secured a decisive victory, returning to government control after a 52-year absence from holding majority power. Under the leadership of [[Russel d'Foreest]], the party campaigned on a technocratic platform, promising to implement quantitative and scientific methodologies in governance. This approach was in contrast to previous administrations, which d'Foreest criticized for their 'reliance on emotional appeals and subjective decision-making.' This new approach appealed to the public, having been disillusioned by the previous administrations.
 
==See also==
Bureaucrats, rtl-contributors, Administrators
1,619

edits