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Re: Re: Re: social democracy

Rakesh Bhandari wrote:

I agree with Jim.  SD began in Sweden, for example, after a general
strike.  After a while, business forgot its origins and only saw its
inconvenient side.


I agree with neither Jim nor Michael. The class struggle cannot now
force upon the capitalist class a social democratic regime that
neutralizes the growth in the rate of exploitation and allows for
the run up of public debt for the purposes of full employment. Such
a social democratic regime would not only not weaken crisis
tendencies, it would exacerbate them greatly.


Sweden and other Scandinavian SDs were quite prudent fiscally until
the 1980s, running large surpluses in the 1960s and early 1970s.

Doug


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