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In reply to the discussion: Do You Ever Wonder If Our Politics Are Still Fighting Over The 60's... [View all]2naSalit
(102,904 posts)I watched that Richard Wolff video on "The cure for Capitalism" or something like that...
http://www.democraticunderground.com/1017174647
And he tells a more detailed version but what he's saying is that there are the rich who are trying to undo the New Deal and why. His claim is that FDR made the rich and the corporatists give him all the $$ he needed to make jobs and fix the depression, and they did as long as he compromised with them. And he did, and they gave him the $$$. What was the compromise? He left the capitalist structure, that the corporations and the "haves" could still make all the decisions about who, what, when, and where the profit was used and who could have it. Sure he got regulation but that's gone now and it only took them eight years to crash the system again.
It's well worth the watch, it's over 2 hrs but totally worth it because he offers a proposal for a cure rather than a fix. It won't be easy to change what we have regardless of the direction we choose but his idea has merit and could be something to strive for. But WE have to make that happen, of course. And it won't be easy or pretty. But then, what we have now sure is ugly, just like it was back in the 20s and the 30s and the 40s and the 60s.
Our politicians have been fighting the 60s lately but they have been consistently fighting the people vs the capitalists since FDR.
ETA: sadly, it's obviously now the politicians and the corporatists/capitalists vs the people. Not sure I can attach a starting date to that.