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> Jim Farmelant wrote
> 
> In recent years, I have found a lot of Petras's commentary on various
>  subjects to be rather loopy, but not this piece.

Jim, thanks for posting.  The article does a good job in pointing out 
that internationally the Center-Left left now has limited options for 
pacifying the popular classes, but that mass action at the base, due the 
lack of leadership (currently the reformist trade union bureaucracies 
and Social Democratic parties) holds no hope for effective reversal of 
the situation.  This is creating significant political opportunities for 
the left, but also difficult and dangerous conditions for the working 
class in the west.

But I think Petras misses the most critical point in his article, 
though.  He states:

> The L-LC political leadership was unwilling to envision an
> alternative to their promotion of the policies of big corporate and
> banking interests as they led to financial crisis. 

"Unwilling to envision an alternative?"  Nonsense!
  Because of the historic nature of the capitalist crisis, New Deal 
liberalism is dead (it's important to understand how and why).  This is 
the ONLY alternative we are facing under 21st century capitalism.  In 
this sense he misunderstands the contemporary nature of world CL politics.

Related to this:

In an earlier article "Crisis, What Crisis?"  Petras cites
official government statistics showing increasing (now record) profits, 
and puts forward the view essentially that there is no crisis of capital 
accumulation in the system, that by implication, it's a crisis of 
"neoliberal policies."  This view, also reflected in his article above, 
is that the solution to the crisis is just a matter of forcing the 
bourgeoisie, through "pressure from the bottom," to abandon the 
neoliberal capitalist policies adopted by both the Democrats and the 
Republicans in recent years.  A corrolary to this (he doesn't actually 
say it) is: "if we can't put mass pressure from the bottom on Obama and 
the Demcrats, then it's ultra-leftism to talk about independent 
political action by the Left and socialist parties.


allan

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