In the wake of interlocking global crises, we must remember that capitalist crises (of profitability or legitimacy or both) have led to collective action (revolutions, social movements), which in turn has sometimes compelled states and ruling elites to enact people-oriented welfarist policies. Let’s note, however, that since the 1980s, the ruling elites have refrained from enacting such policies; instead, they[Read More...]
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