Obama to GOP: Our Billionaires are Better Than Yours! on Feed 44

C4SS Feed 44 presents Kevin Carson‘s “Obama to GOP: Our Billionaires are Better Than Yours!” read by Christopher B. King and edited by Nick Ford.

That’s not to say that the plutocratic constituencies of the two parties are identical, or that life might not be more tolerable for working people under one party’s agenda than the other’s. But the difference between the two parties is which particular corporate and plutocratic interests their agendas serve, not whether they serve such interests. And the extent to which life is more or less unpleasant for workers under one party or the other is a side-effect of promoting the interests of its corporate masters.

From the New Deal onward, the Democrats have been the party of large-scale, capital-intensive, exported industry and finance capital. The Republicans have been the party of medium-sized corporations and labor-intensive or extractive industries (the old National Association of Manufacturers coalition), and the Sun Belt country club elites who mostly derive their wealth from such sources. The latter include mining, logging, oil, cotton belt plantation agribusiness and New South real estate. Until recently the Democratic coalition was for globalism and reduced tariffs, and the GOP was comparatively protectionist (reflecting the interests of the domestic textile industry represented by figures like George Wallace and Strom Thurmond); but that mostly went away when the last textile mills moved offshore.

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