Inequality: An Unavoidable Byproduct of Capitalism?

A CNN segment with Ali Velshi.

Mostly of interest here are the comments by Harold Meyerson, who is introduced as a columnist at the Washington Post, but who is in fact a hard-line leftist and Vice-Chair of the Democratic Socialists of America (via Discover the Networks).

And from the DSA website, "Where We Stand: The Political Perspective of the Democratic Socialists of America":

Socialists have historically supported public ownership and control of the major economic institutions of society -- the large corporations -- in order to eliminate the injustice and inequality of a class-based society, and have depended on the the organization of a working class party to gain state power to achieve such ends. In the United States, socialists joined with others on the Left to build a broad-based, anti-corporate coalition, with the unions at the center, to address the needs of the majority by opposing the excesses of private enterprise. Many socialists have seen the Democratic Party, since at least the New Deal, as the key political arena in which to consolidate this coalition, because the Democratic Party held the allegiance of our natural allies. Through control of the government by the Democratic Party coalition, led by anti-corporate forces, a progressive program regulating the corporations, redistributing income, fostering economic growth and expanding social programs could be realized.

With the end of the post-World War II economic boom and the rise of global economic competitors in East Asia and Europe in the 1970s came the demise of the brief majoritarian moment of this progressive coalition that promised--but did not deliver--economic and social justice for all. A vicious corporate assault on the trade union movement and a right-wing racist,populist appeal to downwardly mobile, disgruntled white blue-collar workers contributed to the disintegration of the liberal wing of the Democratic Party in the 1970s and 1980s.

Today, the mildly redistributive welfare state liberalism of the 1960s, which accepted the corporate dominance of economic decision-making, can no longer be the programmatic basis for a majoritarian progressive politics. New Deal and Great Society liberalism depended upon redistribution at the margins of an ever-expanding economic pie. But today corporations no longer aspire to expand production and consumption by raising global living standards; rather, global capital engages in a race to increase profits by "downsizing" and lowering wages.

With the collapse of the political economy of corporate liberalism came the atrophy of the very institutions upon which the progressive politics of the New Deal and Great Society had been constructed. No longer do the social bases for a majoritarian democratic politics -- strong trade unions, social movements and urban, Democratic political machines -- simply await mobilization by a proper electoral appeal. Rather, a next left must be built from the grassroots up.

Given the globalization of economic power, such grassroots movements will increasingly focus upon building a countervailing power to that of the transnational corporations. A number of positive signs of this democratic and grassroots realignment have emerged. New labor leadership has pledged to organize a workforce increasingly constituted by women, people of color, and immigrant workers. Inner-city grassroots community organizations are placing reinvestment, job creation, and economic democracy at the heart of their organizing. The women's movement increasingly argues that only by restructuring work and child care can true gender equality be realized. And the fight for national health care -- a modest reform long provided by all other industrial democracies -- united a broad coalition of activists and constituencies.

But such movements cannot be solely national in scope. Rather, today's social movements must be as global as the corporate power they confront; they must cooperate across national boundaries and promote interstate democratic regulation of transnational capital.

If socialism cannot be achieved primarily from above, through a democratic government that owns, control and regulates the major corporations, then it must emerge from below, through a democratic transformation of the institutions of civil society, particularly those in the economic sphere -- in other words, a program for economic democracy.

As inequalities of wealth and income increase and the wages and living standards of most are either stagnant or falling, social needs expand. Only a revitalized public sector can universally and democratically meet those needs.

In other words, a socialist revolution.

Freakin' Harold Meyerson, damned Marxist asshole.