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Mitt Romney, Bain Capital and American Capitalism

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Obama and the Democrats are well aware of the explosiveness of these social tensions. Hence their turn to the populist rhetoric denounced by Romney and the Republicans as "class warfare." Obama, however, is defending the same class interests as Romney, only with slightly different tactics. His aim is to use the purely verbal acknowledgement of social divisions to disarm working people politically and thus enable his administration, or its Republican successor, to continue and intensify the pro-corporate, anti-working class program which is the consensus of both parties.

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Patrick Martin writes for the World Socialist Website (wsws.org), a forum for socialist ideas & analysis & published by the International Committee of the Fourth International (ICFI).
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