Summary:
The Cold War displaced the legacies of the New Deal. Time and Trump are now displacing Cold War legacies. Where capitalism was questioned and challenged in the 1930s and into the 1940s, doing that became taboo after 1948. Yet in the wake of the 2008 crash, critical thought about capitalism resumed. In particular one argument is gaining traction: capitalism is not the means to realize economic equality and democracy, it is rather the great obstacle to their realization.... Economic liberalism (capitalism) and political liberalism (democracy) are antithetical.CounterpunchCapitalism as Obstacle to Equality and Democracy: the US Story Richard D. Wolff, Marxian economist and founder of Democracy At Work
Topics:
Mike Norman considers the following as important: capitalism, democracy, economic inequality, liberalism
This could be interesting, too:
The Cold War displaced the legacies of the New Deal. Time and Trump are now displacing Cold War legacies. Where capitalism was questioned and challenged in the 1930s and into the 1940s, doing that became taboo after 1948. Yet in the wake of the 2008 crash, critical thought about capitalism resumed. In particular one argument is gaining traction: capitalism is not the means to realize economic equality and democracy, it is rather the great obstacle to their realization.... Economic liberalism (capitalism) and political liberalism (democracy) are antithetical.CounterpunchCapitalism as Obstacle to Equality and Democracy: the US Story Richard D. Wolff, Marxian economist and founder of Democracy At Work
Topics:
Mike Norman considers the following as important: capitalism, democracy, economic inequality, liberalism
This could be interesting, too:
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The Cold War displaced the legacies of the New Deal. Time and Trump are now displacing Cold War legacies. Where capitalism was questioned and challenged in the 1930s and into the 1940s, doing that became taboo after 1948. Yet in the wake of the 2008 crash, critical thought about capitalism resumed. In particular one argument is gaining traction: capitalism is not the means to realize economic equality and democracy, it is rather the great obstacle to their realization....Economic liberalism (capitalism) and political liberalism (democracy) are antithetical.
Counterpunch
Capitalism as Obstacle to Equality and Democracy: the US Story
Richard D. Wolff, Marxian economist and founder of Democracy At Work