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If the obscenely wealthy benefit most from having Republicans in power; and collectively they have disproportionate control over the economy; wouldn't they use that power to sabotage Democrats?
The obscenely wealthy donate to both parties. Both parties protect the interests of the wealthy.
Hell, there have been two Democratic administrations that had total congressional control over the last sixteen years. The minimum wage is still seven bucks an hour.
Either sabotage Democrats or make them pursue more right wing policies, which is why there was so much Reagan praise at the DNC when every dem voter under 40 hates his guts.
I think choice and/or the illusion of choice needs to be there for either side’s fringe elements to have a safe outlet for their frustrations. There needs to be a viable left-leaning party to control potential socialist or communist agitators. If they just completely shut down the Democratic party, then there’s the potential that somebody outside of the control of the aristocratic classes comes to power. Having the Democratic party around gives them a chance to funnel those people through the system and subtly bend them and make them more agreeable to the system. So maybe somebody would’ve been a bomb-throwing anarchist advocating for blowing up the status quo and beheading all the billionaires, but when processed through the Democratic party, maybe they turn into somebody like AOC or Bernie Sanders or something, still willing to work within the system and less likely to advocate revolution.
I’m still not sure about Trump, he still seems like an abnormality or a glitch in the system. I don’t know if he went AWOL and the aristocracy doesn’t want to move against their own, or if he’s just part of “the plan” to move the country to the Right and having a crazy man-child as president gives them cover to push through all their extreme right-wing policies while everyone else fixates on the latest dumb thing that Trump tweeted. Or maybe it’s all just anarchy and there is no conspiracy of the aristocracy, I don’t know. Trump’s existence just seems like one of those things the TVA would’ve come in and destroyed this whole timeline over.
It’s pretty difficult to control a lot of the economy still, especially where international concerns like the OPEC price setting cartel, yet oil prices are often blamed on leadership.
…but also, establishment politicians have a pretty fixed economic ideology that doesn’t change all that much, further constraining their reactions which are mostly classist.
Then there’s macroeconomic policies like interest rates, which globally Western governments seem to prefer to leave entirely up to central bankers.