Jim Devine wrote:
but even FDR's "Bonapartism" was not very good in the early New Deal. The NRA, for example. Needed was mass pressure from the left.
Sad but true. With the left so weak, there is even less incentive for Obama to move boldly. If he has any motivation to create a kind of new New Deal, it will be from a policy wonk perspective. In other words, the kind of thing you get from the U. of Chicago economists he relies on. The screwy thing is that from the long term needs of the capitalist system, it is imperative to address infrastructure, environment, education, etc. but the state is too much a captive of ideological accretions and institutional inertia. When I had a house guest from Uganda in November who had exactly the same ethnic background as Obama, he dismissed Obama with one word: Brezhnev.
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