Month: October 2020

Inter-capitalist contradictions in the USA Recently I wrote [1] – that there had been an exodus of major sections of the ruling class from Trump’s camp. In brief, the argument presented was that the main sections of the ruling class who have supported Trump included heavy industry and extractive industries – epitomised by the oil, gas, mining sectors. In contrast, the dominant section of the ruling class interests represented by the Democratic party are formed by the financial capitalists. But as Trump has failed to move out-shored American industry back to the USA, there has been a cooling between Trump…