▲ | mcv 6 days ago | |||||||
Why would it be unstable? Most of Europe still has it. The US chose to do away with it. | ||||||||
▲ | NoGravitas 5 days ago | parent [-] | |||||||
The fundamental contradiction between the working class and the owning class (over maximizing vs minimizing wages) continues to exist, which means that any system that tries to manage that contradiction can't be permanently stable. Social democracy is the best known and most successful strategy for managing class conflict, but in the US and UK it was only fairly stable while the USSR meaningfully threatened to overtake them economically, and collapsed completely when the USSR did. It has lasted longer in Europe, but has clearly also been in decline since the 90s, with various governments resorting to "austerity" or having it forced on them. | ||||||||
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