Re: [Pen-l] Wall Street's Obama Investment

[Jim Devine]

me:
> also, aren't "good Democrats" pro-business? The DP is not an
> anti-business party, and never has been, despite what the Chamber of
> Commerce says.

CB:
> Well, sarcasm;  I'd say "good Democrats" are like FDR and LBJ, who
> partially broke from a pro-business agenda with the New Deal and Great
> Society/War on Poverty.  How about "lesser evil Democrats" (smile)

I wouldn't say that FDR and LBJ "partially broke from a pro-business
agenda." Instead, it's a matter of breaking with the explicit agenda
of the majority of businesscritters (representing their short-term
individual goals) and instead favoring more of their collective and
long-term (i.e., class) interests, in eras of popular upheaval.

Of course, what the capitalist class interests are can only be known
after the fact. The way that LBJ's war on Vietnam was put into
practice may have gone against capitalist class interests, since it
encouraged domestic unrest, inflation, and foreign-exchange turmoil.

> (Jim D and Doug are "good Yalies", rarities, as we know)

ah shucks. Flattery will get you everywhere. But I'm told that all
Skull N Bones guys are fine fellows, moral and progressive to the
core. ;-)
-- 
Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own
way and let people talk.) -- Karl, paraphrasing Dante.
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