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Fascists have always challanged certain factions of the Bourgeois. In Germany, one of the reasons that industrialists were on board with Hitler was that he didn't want to attack "productive capital" (factory, mine, mill owners etc) but wanted to attack "unproductive capital" (banking, finance, speculators) who the industrialists owed massive debt to. If you haven't connected the dots, "unproductive capital" was mainly run by Jews. Often they'd send Bourgeois bankers to extermination camps and then pillage their property to divvy up between the industrialist Bourgeoisie.
My thesis on the next civil war, with bourgeois factions explained. https://hexbear.net/post/45319
So it wouldn't spell doom to the private banking sector? :( You had my hopes up there was atleast one positive in the inevitable collapse into fascism.
Anyone who takes power in the US will necessarily be an agent of the Bourgeois in some way. That means they can challenge financial capital or they can challenge industrial capital but not both. The Industrial Bourgeois could very well do massive social spending but they'd only do it if it benefited industrial capital at the same time. A smart fascist would do a GND-style expenditure but instead of doing state-owned enterprises they use MMT to invest in new privately owned but publicly funded projects. Instead of creating "millions of good union jobs" it could create millions of precarious non-union jobs so that people who own construction firms could get insanely rich while stopping the hemorrhaging economy. If I was an unscrupulous politician who wanted to seize power I'd run as a socially centrist state capitalist who wanted to do major "public-private partnership" projects that build infrastructure but don't threaten mine owners or loggers or oil field owners. I think the industrial bourgeois is skeptical of MMT because they see it as further financialization of the economy and as an instrument of the cosmopolitan bourgeoisie, but they might change tune if they can control it to an extent and if it made them way richer.
I've been saying that on here since the day I registered. This is what Joe Biden is going to lead us to. The US is in for the biggest depression it will have faced since the 1930s.
Shit is about to hit the fan and get really bad.
Biden is destined to be the next Herbert Hoover. All these libs want him to be FDR so bad but he's teed up to be a useless dick in the face of catastrophe.
Idk, anything might happen. We could end up with a Huey Long/Juan Peron type Bonapartist. I think the American reactionary movement is just too wedded to capital to really do what you're saying.
The bar is so low there in the US that if someone gave everyone a coupon for McDonalds they will be carved in fucking Mount Rushmore that same week.
