Bankers, agro-business elites, commercial mega owners, manufacturing, real estate and insurance bosses and their financial advisers, elite members of the ‘ruling class’, have launched a full-scale attack on private and public wage and salary workers, and small and medium size entrepreneurs (the members of the ‘popular classes’). The attack has targeted income, pensions, medical plans, workplace conditions, job security, rents, mortgages, educational costs, taxation,undermining family and household cohesion.
Big business has weakened or abolished political and social organizations which challenge the distribution of income and profits and influence the rates of workplace output. In brief the ruling classes have intensified exploitation and oppression through the ‘class struggle’ from above.
We will proceed by identifying the means, methods and socio-political conditions which have advanced the class struggle from above and, conversely, reversed and weakened the class struggle from below.
The class struggle is the major determinant of the advances and regression of the interests of the capitalist class. Following the Second World War, the popular classes experienced steady advances in income, living standards, and work place representation. However by the last decade of the 20th century the balance of power between the ruling and popular classes began to shift, as a new ‘neo-liberal’ development…