this post was submitted on 11 Jul 2024
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Who exactly is trying to push Biden out? (robertreich.substack.com)
submitted 4 months ago* (last edited 4 months ago) by [email protected] to c/[email protected]
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A lesson in where political power really lies in America

Robert Reich is a Professor, writer, former Secretary of Labor, author of The System, The Common Good, Saving Capitalism, Aftershock, Supercapitalism, The Work of Nations. Co-creator of "Inequality for All" and "Saving Capitalism." Co-founder of Inequality Media

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[–] [email protected] 19 points 4 months ago

It was the first time any modern president has admitted that the elites of the party are the millionaires (and billionaires) who fund it, which gives them extraordinary political power — perhaps enough to push Biden out of the race.

In truth, the Democratic Party is little more than a national fundraising machine, as is the GOP.

Ding ding ding ding ding.

Political parties are poison to democracy… and our two-party system is nothing more or less than cancer of democracy.

And why do any of these problems exist at all? Capitalism, and the millionaires and billionaires that such a system enables.