Post AtaroPkNB96JRbIEJE by Winstonwells@mastodon.social
 (DIR) More posts by Winstonwells@mastodon.social
 (DIR) Post #AtaroPkNB96JRbIEJE by Winstonwells@mastodon.social
       2025-04-29T08:50:49Z
       
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       My understanding of Roosevelt's new deal is that he taxed the fuck out of ultra rich people (they didn't just flee the country), putting banking regulation in place, and the tax raised was used to employ people on large scale public works.Is that entirely wrong or simplistic?... because that seems like a plan to me.
       
 (DIR) Post #AtaroQN0rU0dNRN5XM by sszczyrb@fedi.sszczyrb.dev
       2025-04-29T14:37:21Z
       
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       @Winstonwells Socialist critique of New Deal labor accord - bureaucratization/defanging of unions paving way for monopoly capitalism."The New Dealers devised … a means to integrate big labor into the corporate state. But only unions that were industrially organized, and which paralleled in their structure the organization of industry itself, could play the appropriate role. A successful corporate state required a safe industrial-union movement to work." - The Myth of the New Deal,Ronald Radosh
       
 (DIR) Post #AtaroRFbaVg66kugd6 by Winstonwells@mastodon.social
       2025-04-29T15:34:37Z
       
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       @sszczyrb so not ideal then. The other bits but without the union fucking?
       
 (DIR) Post #AtaroRmDdFlXjuAjSq by sszczyrb@fedi.sszczyrb.dev
       2025-04-29T16:48:39Z
       
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       @Winstonwells 1/2Putting on my Marxist hat (conflict between workers and capitalists):1. New Deal was response to Great Depression, which can be considered obvious end result of unregulated capitalism (excessive speculation, overproduction, growing income inequality).2. Hoover's failing policy favored capital and was generally apathetic towards workers (fear of "collectivism").3. Roosevelt's policy was supported both by workers AND some capitalists, like Gerard Swope of General Electric.
       
 (DIR) Post #AtaskxUFtN5gsnfc9o by sszczyrb@fedi.sszczyrb.dev
       2025-04-29T17:02:31Z
       
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       @Winstonwells 2/24. New Deal can be seen as a form of welfare capitalism/social democracy - state mediates between capital and labor in order to "rationalize" capitalism: make it more stable (elimination of unchecked competition), predictable (long-term stability makes it easier to invest and plan for future) and secure (safe from workers demands channeled into state-mediated unions).5. But class conflict is still undressed - labor are still weaker than capital - we can see results right now.
       
 (DIR) Post #Ataskycnf5WIPafx7A by sszczyrb@fedi.sszczyrb.dev
       2025-04-29T17:04:26Z
       
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       @Winstonwells Please note that I am not an expert in US politics, but this critique is pretty general and can be extended to other social democratic policies.
       
 (DIR) Post #AtatGsrkbmlvoksp28 by Winstonwells@mastodon.social
       2025-04-29T17:08:41Z
       
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       @sszczyrb sounds like a reasonable critique of post war labour party in UK... Up until more recent developments.Thanks