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Michael Hudson (buried in a comment on a thread in Naked Capitalism)
Michael Hudson
May 8, 2021 at 9:10 am

I think that's exactly what has happened. (Think of the great movie/book, The Ghost [Writer]).

For me, this is a model for what needs to happen in the US to the Democratic Party. Like Blairite Labour, it is unreformable -- or rather, it is much easier to start afresh without the neoliberals. That happens to every once-progressive party (or religion). It is normal.

The strategy is to co-opt the "lefties" with words and rhetoric, while actual policy is even worse than the right-wing parties. Only Blair/Brown/Labour could have privatized transportation; even Thatcher saw the limits. Only Clinton could have stripped away Glass Steagal and other regulations, just as on the other hand only Nixon could have gone to China.

I like that "or religion".....
by gk (gk (gk quattro due due sette @gmail.com)) on Sat May 8th, 2021 at 07:37:50 PM EST

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