Rakesh Bhandari wrote: >>I agree with Jim. SD began in Sweden, for example, after a general >>strike. After a while, business forgot its origins and only saw its >>inconvenient side. > >I agree with neither Jim nor Michael. The class struggle cannot now >force upon the capitalist class a social democratic regime that >neutralizes the growth in the rate of exploitation and allows for >the run up of public debt for the purposes of full employment. Such >a social democratic regime would not only not weaken crisis >tendencies, it would exacerbate them greatly.
Sweden and other Scandinavian SDs were quite prudent fiscally until the 1980s, running large surpluses in the 1960s and early 1970s. Doug
