COVID-19: The Capitalist Emperor Has No Clothes – PopularResistance.Org

Has No Clothes – PopularResistance.Org

The claim that the U.S. was an exceptional nation and that the capitalist order represented the highest expression of human development has been shattered by the second global collapse of the capitalist order within twelve years. Millions thrown out of work, global supply chains disrupted, trillions disappeared in the capitalist casino euphemistically called the stock market… The state’s feeble and class-biased response to COVID-19 has resulted in a costly lesson in class politics for the U.S. public.

The dictatorship of the capitalist class has survived because the class reality of the dictatorship has been obscured. Limited democracy, social democracy, white nationalism in the form of patriotism, the corruption of unions, the post-war compromise between capital and labor, state subsidies for the expansion of the white middle-class, debt-driven consumption and cross-class white suppression of the democratic and human rights of African Americans provided the material and ideological basis for the perpetuation of the dictatorship throughout most of the 20th century and into the 21st.

“The claim that the U.S. was an exceptional nation has been shattered by the second global collapse of the capitalist order within twelve years.”

However, the systemic failure of the capitalist order triggered by the coronavirus has reinforced the growing awareness among the population that extreme wealth inequality is not just a temporary quirk that can be remedied with tax and some redistributive policies but a fundamental characteristic of the system.

via COVID-19: The Capitalist Emperor Has No Clothes – PopularResistance.Org