Capitalism, the Pandemic & the Two-Party Monopoly
The pandemic has revealed a huge systemic failure in the ability of the U.S. to effectively attend to the well-being of millions of its citizens. World-class inequality has exacerbated the situation. You don’t need a degree from MIT to figure out the score. The rich get the gold and most of the rest of us get the shaft. Once the dust settles post-pandemic there will be a lot less competition out there. Amazon, Walmart and a few other giants will be left with ear to ear grins and swollen bank accounts. Their wealth would make the robber barons of old swoon with envy. The capitalists love to pay lip service to competition but their real goal is total monopoly control. Politics? The same deal. Your choice is limited to two establishment parties.
Kali Akuno is the co-founder and executive director of Cooperation Jackson, a grassroots eco-socialist organization encompassing a network of worker cooperatives and supporting institutions dedicated to building a solidarity economy in Mississippi and beyond.
Richard Wolff is Professor of Economics Emeritus at the University of Massachusetts in Amherst and currently a visiting professor at the New School in New York. The New York Times calls him “America’s most prominent Marxist economist.” He is the author of numerous books including Democracy at Work, Capitalism’s Crisis Deepens and Occupy the Economy with David Barsamian.