[lbo-talk] Thoughts on the Tea Party (and why the Left is Dead)

Chris Doss lookoverhere1 at yahoo.com
Wed Apr 21 10:25:07 PDT 2010


Well, the Russian government at least moved leftward as a result of the crisis (increasing social spending by 25% IIRC). Probably other countries as well.

----- Original Message ---- From: Somebody Somebody <philos_case at yahoo.com>

Oddly enough, a recession that threatened to turn into a second depression, that came on the heels of an era of financial deregulation and neo-liberalism, seems to have nevertheless fostered a political zeitgeist closer to the 1970's than the 1930's. This is as bad news for the radical left as it is for the Democrats.

And interestingly, this seems to be broadly the case internationally as well. There are virtually no countries where the left has benefited from the crisis. Not even in Latin America. Granted, recessions often aid the right, but it's noteworthy that no left-wing reformers have emerged out of the rubble of the global meltdown.

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