> http://www.nytimes.com/2014/03/24/opinion/krugman-wealth-over-work.html
> America’s nascent oligarchy may not yet be fully formed — but one of our two > main political parties already seems committed to defending the oligarchy’s > interests. Krugman, of course, is only half right; the Democrats as well as the Republicans are committed to defending the oligarchy's interests. Wherever there are contested elections, there are typically two governing parties, one liberal and the other conservative, each equally committed to defending the capitalist system, differing only in the factions they represent at the top and support they draw from below. Because the liberal parties tend to be based on the urban working class and social movements, they are marginally more sensitive to social protest and social spending, but only insofar as these don't fundamentally alter the existing structure of power and property. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
