Do we need a capitalist civil war?

Amid a contentious climate, who will win this new capitalist civil war? Hopefully neither side, at least not too decisively. As unromantic as it may seem, the middle and working classes rely on political competition between the elites to survive, as it forces them to make concessions to those below. Just look at the Meiji Restoration, or the socially democratic turn of the British Conservative Party, in Disraeli’s time as well as in recent years. Both are proof that the enemy of mass progress is in the uniformity of elites: when autocracy thrives, and when a small group of people — be they feudal lords, oligarchs or party cadres — control the political field, it is the middle and working classes who suffer.

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To put it simply, a capitalist civil war isn’t necessarily all bad news. Although voters should not expect either side to defend their core interests, conflict between corporate moguls gives leverage to the middle and working classes. Like the plebeians in the Roman Republic, the average American could use this conflict to their own advantage. This could, for instance, take the form of a pro-reshoring strategy, which would lead to better paid blue-collar jobs, greater incentives for home-building, more skills education and greater access to healthcare. It’s not an ideal situation; in fact, it’s thoroughly depressing. But it’s far better than letting the rich gorge without conscience or concerns over popular pushback.

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