Bob Lefsetz: Barr/Berman

Bob Lefsetz writes about the crisis between Barr/Berman.

So, we’re heading for a crisis. And it won’t be a Constitutional crisis, it won’t be based on law, it won’t be about legalities, but hearts and minds. Trump will do everything to stay in power, and he will call out the military. And your face will be recognized and you will be put in jail as the corporations stand aside and…

And what?

We’re heading for a revolution. Or complete authoritarianism. Don’t keep telling me it can’t happen here. Or shrug and say you’ll be fine no matter what happens. Look at the history of the world, the American experiment has been relatively brief. When are we going to take the temperature of the youth and stop the insanity? If not now, when?

Emphasis Mine

Informed capitalists, such as Ritholtz and Lefsetz, are worried that a revolution is brewing or a reactionary backlash can happened. They lack the insight of Marxist-Leninist theory to understand the class dynamics behind current events.

The successful neo-liberal onslaught since the 1980s has crushed the proletariat. The organic organs of class struggle (trade unions and labour parties) have been weakened or subverted. These organs are being bypassed by the mass movements to express their demands.