2016 Postmortem
In reply to the discussion: Nina Turner on How to Make the Democratic Party Great Again [View all]BainsBane
(54,812 posts)Last edited Fri Dec 9, 2016, 10:01 AM - Edit history (1)
and the Trail of Tears. Slaveholders were the financial elite at the time of the party's inception. Its ties to Wall Street developed in the late 19th and early 2Oth century. FDR received 25% of his campaign donations from Wall Street, while earlier presidents were even more dependent on contributions from the extremely wealthy.
Nor is neoliberalism new, and you aren't objecting to it. What you are actually lamenting is the decline of American empire and the ability of the white middle class to maintain a standard of living made possible by the exploitation of the global South.
There is no historical past where the US state did not represent capital. There are periods when the white bourgeoisie was comparatively better of than the non-white populations, and in which American prosperity was made possible by the systemic overthrow of one sovereign state after another it order to enforce the interests of American corporations operating there.
Which of those periods and values are you so anxious to restore?