I know I've been through several cycles of dooming on this, but when does the left finally return?

And how do we get old-school left ideology back into the center of gravity, not just a fringe?
Very little of what the 20th century left advocated is still even mentionable.

Left-wing politics in the last century was rife with rhetoric about the inherent injustice of classes, the proletariat, socialization, economic planning, economic democracy and co-operatives etc.
Clement Attlee (the post-war Labour prime minister) wrote in 1937 that he wanted to see a classless society and a de-commodified economy that went beyond capitalism.

Even Jeremy Corbyn couldn't say that in public, he would be tarred and feathered and burned at the stake.
Has right-wing ideology really won?

Going on the Attlee example, the former centrist wing of the Labour Party in the 1940s is now the far-left of Labour, politically and ideologically.

That is so fucked and I hate it.

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More from @TristamPratori1

16 Nov
God, many of these documentaries are great but the liberal cringe seeps in and its unbearable.

Stalin didn't ''invent'' May Day or Labor Day, what the fuck?

May Day was a standard leftist celebration since the Second International. ImageImageImage
Second International congress, Amsterdam, 1904.

"all Social Democratic Party organisations and trade unions of all countries to demonstrate energetically on the First of May for the legal establishment of the 8-hour day, for the class demands of the proletariat...''
This is going to make me lose brain cells and my head spin in circles.
Read 4 tweets
15 Nov
Hot take: the United States and China are imperialist powers and escalation between them is not justified.

We also know the reason for the US's growing antipathy towards China is because the latter is challenging the former's unparalleled dominance in the global economy.
We saw this with Trump's trade tariffs around 2019, which were clearly a reaction against China's vast trade influence.

Biden is continuing the Trumpist drumbeating in a different form, with increased military expenditure and a pacific pact with Australia.
This is the logic that has always led to humanity's ruin. The usual stupidity of the nation-state.

Eye for eye, more antagonism is the necessary response to antagonism.

Germany and Britain were caught in this same rivalry a century ago and we can see where that ended up.
Read 4 tweets
13 Nov
- Automation rapidly advances
- Africa will industrialize and flood the world market with commodities,
- Green energy emerges
- Interest rates will rise

The next 10 years are one of goliath overproduction and falling profitability, deflationary pressure and monetary austerity.
Rising interest rates curb spending and borrowing.

Green energy is heavily composed of manufactured components such as batteries and panels, as opposed to current energy, which is a volatile commodity.

Africa multiplies overcapacity in manufacturing (see Aaron Brenanav)
Automation contains wage pressures and alleviates labor shortages, as the populations of most countries are aging and the workforces are no longer rapidly growing. Demand for labor has to fall somewhat to keep economies chugging in an era of older people.
Read 4 tweets
12 Nov
Lets talk about socialism and abundance.

Part of the reason why socialist / YIMBY housing discourse is so spicy is because socialist thinking is oriented around the injustices and contradictions that result from modernity and abundance rather than pre-capitalist scarcity.
Socialist movements and theory emerged in the 19th century, an era of growing industrial production, technological progress and productivity growth.

Thus, socialists were concerned with the irrationality of social hierarchies and recessions in the midst of incredible abundance.
The premise of the socialist argument was that replacing feudal rentiers with industrial capitalists didn't go far enough.

Replacing monarchy with democracy wasn't enough.

Replacing rents with market prices wasn't enough.

Replacing aristocracy with formal rights wasn't enough.
Read 14 tweets
12 Nov
Inflation is about class conflict.

Unions strike, increasing wages. Firms protect their margins by raising prices. Increased wages cause demand-push inflation etc.

Paul Volcker carried around an index card with the schedule for union contract negotiations on it.
Currently, the government paid people substantial amounts and spending has risen.

A record 4.3 million people quit their jobs, which destabilized control over labor and wages to increase.

In the face of rising energy costs, firms protect their record markups by raising prices.
So inflation appears at the seams between various distribution struggles and their intersections.
Read 4 tweets
7 Nov
Liberals in most places are free-market ideologues (i.e a flavor of conservative), US liberalism is uniquely progressive.

In Sweden, the Liberals allied with industrialists and major business lobbies and favored reducing taxes and government spending

hhs.se/contentassets/…
A major reason the Social Democrats won the 1932 election is because the Liberal prime minister was disgraced for getting donations from Ivar Kreuger, a notorious monopoly capitalist in Sweden at the time.
The Conservatives received about 5 - 7 million Swedish Kroner from industrialists, the Liberals about 2 million (after ww2 I recall)
Read 5 tweets

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