Month: July 2020

It is obvious that both the crisis of COVID-19 and the united American people’s resistance to racial oppression have exacerbated the underlying economic crisis of the ruling class. The significance of an escalating division within the ruling class of the USA is less appreciated. We review a few recent events on these inter-capitalist divisions. The objective problem facing all USA capitalists regardless of sector Current ruling class divisions reflects contradictions between big finance capitalists and new technology industries – and big oil, and old manufacturing. [1] This is not an absolute contradiction since capitalist interests inter-penetrate, and have done since…