Re: [Pen-l] There's a big class battle brewing

[Carrol Cox <cbcox@xxxxxxxxx>]

Jim Devine wrote:
> 
> raghu wrote:
> > ... In reality, the capitalist class now seems united against Obama. So whose side
> > are we on?
> 
> huh? if the entire capitalist class were united against Obama, the US
> economy would be suffering from a capital strike, capital flight, and
> fist-fights in the Senate cloakroom, with both Democrats and
> Republicans beating up a small number Obama loyalists. Remember that
> both main political parties represent (branches of) the capitalist
> class.

Yes. Only in the most extreme circumstances do ruling classes reach
anything like united around a specific policy. And at the present time
it seems as though major secotrs of u.s. capitalists are loosely united
_in support of_, not against, Obama's Administration.

Also, if any capitalist ruling class were to become substantially untied
against a "liberal" capitalist policy --- there is a useful name for
that, a name Iusually avoid, Fascism. And there is no serious fascit
threat in the u.s. at present.

Carrol

_______________________________________________
pen-l mailing list
pen-l@xxxxxxxxxxxxxxxxxx
https://lists.csuchico.edu/mailman/listinfo/pen-l