As I said in the previous post, current events are no skin off the ass of the ruling class whatsoever. If the stock market is soaring, they’re happy. My guess is that the power elite probably sees the insurrection as an exaggerated sports riot, as opposed to a low-grade sports riot such as Charlottesville.
What is happening now is the equivalent of a group of factory workers getting upset over working conditions, beating up the shop foreman, trashing the employee restroom, turning over the water coolers, smashing up some insured and easily replaceable equipment, and, at most, venturing to the offices of the lowest level administrators, maybe punching a few low-level managers and slapping a few receptionists.
In such a situation, top management, the CEO, Vice-Presidents, Board of Directors, Chairman of the Board, major shareholders, etc. would not feel threatened. They would privately laugh and then fire some middle managers for not keeping the employees under control.
These mayors and governors that Trump not incorrectly calls weaklings are merely lower to middle-level managers. Trump himself is merely the CEO. The major shareholders and Board of Directors are the real power. So far things are still going just fine for them. In fact, the capitalist class is already trying to co-opt the insurrection. Soon enough, Amazon will probably start selling riot masks and clothes online.
The great danger is that if the power elite does at some point come to feel threatened, they will show their hand, and the USA will have a Pinochet-like situation (and a real Pinochet, not a carnival barker like Trump). Americans have zero experience with such situations and are nowhere near being prepared for such circumstances.
My book on the civil war in El Salvador details what real state repression and what a real armed insurgency looks like.
Krystal and Saagar discuss reports that show stocks on the rise as reopening hopes offset concerns over ongoing protests.