President Joe Biden’s approval rating dipped to the lowest point of his presidency in May, a new poll shows, with deepening pessimism emerging among members of his own Democratic Party. Only 39% of U.S.
The 90s had a rise in the rate of profit after the decline in the 70s. People didn't care cause times were good and the economy was growing (not nearly as good as 50 to 69).
Even still, capitalism hadn't cannibalized that much of the imperial core yet. Sure, unions had been dismantled and neoliberal systems like NAFTA already existed, but the impact exploitation had on the average American worker wasn't yet where it is now. Rent was much less, prices were less, the quality and quantity of products were greater, and above all there was no 2008 financial crisis allowing capitalists to cheaply loot the economy. That's different now, we're struggling more, and you can't pitch a system like liberalism to your working class if their exploitation is too great. Liberalism requires the wealth of empire to placate proles with a good enough quality of life, of which the US no longer has any semblance
The 90s had a rise in the rate of profit after the decline in the 70s. People didn't care cause times were good and the economy was growing (not nearly as good as 50 to 69).
Even still, capitalism hadn't cannibalized that much of the imperial core yet. Sure, unions had been dismantled and neoliberal systems like NAFTA already existed, but the impact exploitation had on the average American worker wasn't yet where it is now. Rent was much less, prices were less, the quality and quantity of products were greater, and above all there was no 2008 financial crisis allowing capitalists to cheaply loot the economy. That's different now, we're struggling more, and you can't pitch a system like liberalism to your working class if their exploitation is too great. Liberalism requires the wealth of empire to placate proles with a good enough quality of life, of which the US no longer has any semblance