This is incorrect. The social reforms cost the capitalist class money which amounts to liquidity as well as having to share capital. When the recession in the 1970s occurred, the US was in debt it could not pay due to the social reforms it enforced during FDR’s time as well as the wars in Korea and Vietnam. When the dominos fell, our class came up short and the capitalists pushed through their “reforms” which did away with FDR’s new deal.
No of course not, the reaction to it wasn’t either to a large degree I’m willing to wager. Capitalists aren’t very good at making and sticking to plans. Their economic instincts revolve around opportunism and observation. Watching the market with fists full of cash, waiting for an opportunity, then pouncing.
Then you aren’t paying attention to the entire conversation, only the latest bit of it. Political momentary hyperfocus is an aspect of liberalism btw. The behest to ignore the big picture, to only follow the latest trends, what’s for sale, etc…
Neoliberalism emerged from anti-communism and the 1970s stagflation crisis as well. The social reforms were the only thing blocking the stagflation.
This is incorrect. The social reforms cost the capitalist class money which amounts to liquidity as well as having to share capital. When the recession in the 1970s occurred, the US was in debt it could not pay due to the social reforms it enforced during FDR’s time as well as the wars in Korea and Vietnam. When the dominos fell, our class came up short and the capitalists pushed through their “reforms” which did away with FDR’s new deal.
The recession of the 1970s wasn’t planned.
No of course not, the reaction to it wasn’t either to a large degree I’m willing to wager. Capitalists aren’t very good at making and sticking to plans. Their economic instincts revolve around opportunism and observation. Watching the market with fists full of cash, waiting for an opportunity, then pouncing.
Well, there you go: it wasn’t the CP’s fault.
Then you aren’t paying attention to the entire conversation, only the latest bit of it. Political momentary hyperfocus is an aspect of liberalism btw. The behest to ignore the big picture, to only follow the latest trends, what’s for sale, etc…
Yes, that’s the bourgeois. They only adapted to the situation while there were no communists.
No, that’s you I’m describing just now. And there are always communists, it’s just a matter of how many and what they are doing.
There are not always communists. That is factually incorrect. And there may be few.