Capitalism, Mass Anger and the 2024 Elections

Richard D. Wolff in CounterPunch:

In the wake of his huge defeat on June 30, 2024, when 80 percent of voters rejected French “centrist” President Emmanuel Macron, he said he understood the French people’s anger. In the UK, Conservative loser Rishi Sunak said the same about the British people’s anger, as Labor leader Starmer now says as the anger explodes. Of course, such phrases from such politicians usually mean little or nothing and accomplish less. Such leaders and their parties just keep calculating how best to regain power when they lose it. In that, they are like the U.S. Democrats after Biden’s performance in his debate with Trump and like the U.S. Republicans after Trump’s loss in 2020. In both parties, a small group of top leaders and top donors made all the key decisions and then organized the political theater to ratify those decisions. Even surprises like Harris replacing Biden are temporary departures from resuming politics as usual.

However, unlike Trump, the others missed opportunities to identify with an already organized mass base of angry people.

More here.

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