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(Interesting how close Corbynites and Sandernistas are to each other
ideologically. Will be writing something about A. O-C's interview with
Chuck Todd tomorrow. It is no wonder Bhaskar Sunkara gobbled up the
Tribune. It helps consolidate the social democratic (democratic
socialist, if you prefer, left. Smooth operators.)
McDonnell has broken a pre-2008 taboo by naming the system and calling
it a problem, but transforming capitalism doesn’t sound the same as
overthrowing it. Especially since the Brexit vote and the anxiety it
generated, McDonnell has positioned himself as the “long-term” planner
to end the rickety years of capitalist fundamentalism. Years of
divesting from the state has paid poor dividends: failing
infrastructure, an undereducated workforce, and measly aggregate demand.
“Jeremy Corbyn and I are the stabilizers of capitalism,” he has
proclaimed, echoing the claim Yanis Varoufakis once made for the role of
the left in our moment.
full: https://nplusonemag.com/issue-33/politics/renewed-labour/
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