The Left believed in the myth of democratic capitalism. They had faith that their negotiations with the business elites would increase social welfare. They operated on a platform of gradual accommodation of class interests leading to multi-class alliances and strategic conciliation between business and labor.
The historical lesson has proven otherwise – again. Business and the capitalist elite make clear, tactical short-term agreements in order to prepare a strategic counter-offensive. Their patient long-term strategy was to mobilize their class allies and overturn the electoral process – at the ripe moment.
The Left parties depended on achieving a series of ’strategic understandings with the capitalist class’ where both would benefit at a time of peak global demand for Brazil’s commodities, instead of expanding their popular mandate by transforming the economy and domestic market.
The Left behaved as if favorable world market conditions would last forever. They lost their chance to use their 53 million-voter strength and radically change the organization and ownership of Brazil’s strategic economic sectors!
In this way, the Left imitated the Right, choosing to share its power bases through accommodation with their business-partners. These were amateurs at the bourgeois power game, who found themselves entrapped in corruption and crisis! How shocking!
It was so much easier for the Left politicians to get campaign funding through the usual practice of business payola than to campaign from door to door, factory to factory, village to village, fighting repression, elite media boycotts and armed vigilantes.
In the end, their ‘power base’ dissolved and their capitalist ‘partners’ and political ‘allies’ abandoned them: the Left President was impeached.
Victorious capital and empire neatly ended this charade of ‘market democracy’. The retreating Left parties begged for a reprieve via parliamentary vote and ended with a decisive defeat… bleating their last whimper as the door slammed shut…
Capitalists have never and will never recognize weak popular opposition. The capitalist political elite will always choose power and wealth over social democracy. The Left, in retreat, isolated and expelled from the corridors of power, now face retribution from the most corrupt and treacherous of their ‘former allies’.
They usher in a lost generation.
— James Petras