In a Struggle Between Oligarchy and Democracy, Something Must Give by Michael Hudson

99% over 1%

Image by Todd Blaisdell via Flickr

by Michael Hudson
Writer, Dandelion Salad
February 27, 2020

The Democrats’ Quandary

To hear the candidates debate, you would think that their fight was over who could best beat Trump. But when Trump’s billionaire twin Mike Bloomberg throws a quarter-billion dollars into an ad campaign to bypass the candidates actually running for votes in Iowa, New Hampshire and Nevada, it’s obvious that what really is at issue is the future of the Democrat Party. Bloomberg is banking on a brokered convention held by the Democratic National Committee (DNC) in which money votes. (If “corporations are people,” so is money in today’s political world.)

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