Richard D. Wolff

Members and leaders agreed that unions were working people’s best weapons against the ravages of a severely depressed capitalism.

In the current crisis of capitalism, an FDR-type solution has not emerged, for several reasons. First, the fifty-year decline and consequent weakness of the labor union movement and the extreme decline of socialist and communist movements removed them as effective agents for such a solution.

Second, the majority of businesses and the rich see little need—yet—for any compromise solution that would increase their taxes.