Riyadh denied the Bloomberg report, saying it did not threaten to sell euro and French bonds as a way to influence the G7 into not seizing $280 billion of Russia’s frozen assets.
Not necessarily, just that post industrialized nations tend to swing harder right when people begin to lose faith in the democratic process.
I think part of that is due to the lack of strong mutual aid groups and worker organizations that industrialization creates as a byproduct.
If we look at revolutionary movements in the 20th century for the most part the industrialized nations were the ones who were overtaken by fascism, while unindustrialized countries like Russia and China transitioned to socialism.
It was one of the wildcards that early socialist didn’t really forsee, which is why everyone was so surprised that the first revolution to succeed was in Russia instead of Germany.
Not necessarily, just that post industrialized nations tend to swing harder right when people begin to lose faith in the democratic process.
I think part of that is due to the lack of strong mutual aid groups and worker organizations that industrialization creates as a byproduct.
If we look at revolutionary movements in the 20th century for the most part the industrialized nations were the ones who were overtaken by fascism, while unindustrialized countries like Russia and China transitioned to socialism.
It was one of the wildcards that early socialist didn’t really forsee, which is why everyone was so surprised that the first revolution to succeed was in Russia instead of Germany.