From William Greider's "The End of New Deal Liberalism":
"Society faces dreadful prospects and profound transformation. When both parties are aligned with corporate power, who will stand up for the people?
"Who will protect them from the insatiable appetites of capitalist enterprise and help them get through the hard passage ahead?
"One thing we know for sure from history: there is no natural limit to what capitalism will seek in terms of power and profit.
"If government does not stand up and apply the brakes, society is defenseless.
"Strangely enough, this new reality brings us back to the future, posing fundamental questions about the relationship between capitalism and democracy that citizens and reformers asked 100 years ago.
"Only this time, the nation is no longer an ascendant economic power.
"It faces hard adjustments as general prosperity recedes and the broad middle class that labor and liberalism helped create is breaking apart...
"One key dynamic of the twentieth century was the long- running contest for dominance between democracy and capitalism.
"The balance of power shifted back and forth several times, driven by two basic forces that neither corporate lobbyists nor timid politicians could control: the calamitous events that disrupted the social order, such as war and depression, and the power of citizens mobilized in reaction to those events.
"In those terms, both political parties are still highly vulnerable-as twentieth-century history repeatedly demonstrated, society cannot survive the burdens of an unfettered corporate order."
ZCommunications...
"Society faces dreadful prospects and profound transformation. When both parties are aligned with corporate power, who will stand up for the people?
"Who will protect them from the insatiable appetites of capitalist enterprise and help them get through the hard passage ahead?
"One thing we know for sure from history: there is no natural limit to what capitalism will seek in terms of power and profit.
"If government does not stand up and apply the brakes, society is defenseless.
"Strangely enough, this new reality brings us back to the future, posing fundamental questions about the relationship between capitalism and democracy that citizens and reformers asked 100 years ago.
"Only this time, the nation is no longer an ascendant economic power.
"It faces hard adjustments as general prosperity recedes and the broad middle class that labor and liberalism helped create is breaking apart...
"One key dynamic of the twentieth century was the long- running contest for dominance between democracy and capitalism.
"The balance of power shifted back and forth several times, driven by two basic forces that neither corporate lobbyists nor timid politicians could control: the calamitous events that disrupted the social order, such as war and depression, and the power of citizens mobilized in reaction to those events.
"In those terms, both political parties are still highly vulnerable-as twentieth-century history repeatedly demonstrated, society cannot survive the burdens of an unfettered corporate order."
ZCommunications...