Economics/Class Relations

Richard Wolff: Biden’s No FDR, Here’s The Proof

Historically, the function of social democracy has been to strengthen the position of the state and the capitalist class through using bribes and handouts as a means of pacifying the common people in order to prevent revolutionary movements from developing. As the US continues to experience a widening wealth gap, increased civil unrest, and rising interest in extreme ideologies, the system will eventually use some social-democratic policies as a means of self-preservation. Further down the line, we will witness the implementation of state healthcare, higher minimum wages, greater systemic support for unionization, UBIs, free college/student loan debt cancellation, etc. The question is how far will these changes go? However much individual anarchists or particular anarchist groups may or may not approve of such changes, the real issue is to avoid allowing the economic debate to be dominated by the usual social democrats vs. plutocratic conservative false dichotomy.

Professor Richard Wolff analyzes the latest relief package.

1 reply »

  1. I don’t know about you, but I have 2 young kids and am looking to get $600 a month for the next 15 years.

    Please add all the pork and bombing of brown people you want into that bill, and I will learn to love the state and take a new vaxx every year religiously!

Leave a Reply