[lbo-talk] Thoughts on the Tea Party (and why the Left is
brad
babscritique at gmail.com
Thu Apr 22 07:54:36 PDT 2010
Doug wrote:
>The recovery from 1933 to 1937 was very powerful. The unemployment
rate fell from over 25% to around 11%, and GDP rose by 43% (or over 9%
a year), surpassing the 1929 peak in 1936. And, as Bhaskar just
pointed out, the politically interesting stuff didn't really start
until 1934. That was the year of the Minneapolis general strike. A
year later, the UAW was formed in 1935, and the Flint strike was
1936-37. Rising expectations are very dangerous from a bourgeois
perspective. Best to keep the working class always a little off guard.
Doug
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So recoveries are when the left has the advantage? But doesn't there need
to be a downturn for there to be a recovery and a left surge?
Ditto on anti-glob.
Brad
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