Thursday, February 4, 2010

Barack Obama finds out who really holds power

from Telegraph of the UK. The article provides a good analysis to whom the agents of the ruling class such as Obama and Gordon Brown must appeal in order to win elections. Also good explanation of social-economic class concepts. But the author causes some confusion with her statement, "who really holds power." What the author refers to is the class which both agents must appeal to in order to win elections. Both Obama and Brown know full well who their bosses are and whose interests they really serve. They're both between a rock and a hard place: having to serve their bosses (the capitalist class) while appearing to serve the "middle class".