[lbo-talk] Why Obama doesn't suck

Michael Pollak mpollak at panix.com
Tue Nov 16 07:59:27 PST 2010


On Tue, 16 Nov 2010, Doug Henwood wrote:


> I have solved this problem forever: the Dems are a party of capital that
> is forced for electoral reasons to pretend otherwise on occasion. That's
> why they always look weak and full of shit.

I guess. Except that, if we accept that the New Deal was a strengthening of capital in the face of systemic dangers, where the "committee of capital" over-ruled stepped on particular capitalist interests for the good of the national capitalist class as a whole, the same could be said for green investment to deal with climate change, adopting canadian style single payer to decrease health costs, down-shifting the huge expenditures for war and militarism, etc.

Many of the Dem parties weak principles are weak even from the view of capital. European capitalists don't embrace those policies against their will but for it.

So in many cases it would seem simply being the party of capital wouldn't explain the weakness of their principles. Although perhaps being the party of competing factions of capital whose differences couldn't be resolved might.

Michael



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