Louis Proyect asked: Why does the ruling class in the USA seem so
incapable of acting in its own class interests?
Key question. It is a sign of the end of a mode of production. The
exploiters can no longer use the labor of the exploited for a
combination of their gain and general economic development. (The latter
inevitably includes a share of prosperity for the masses.) Overall
development stagnates, deteriorates, and entails more social destruction
per dollar of private gain. The grab for profit takes on the atmosphere
of "after me, the floods" (if that is an acceptable translation of the
French).
No Rich,
No Poor
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