The Political Crisis of U.S. Capitalism

On September 7, ABC News online edition reported, “More than a dozen presidential centers got together to warn about the fragile state of American democracy heading into 2024.” The phrase “fragile state of democracy” means that the traditional form of class rule by the U.S. capitalist class is in real trouble.

The center of this developing political crisis is the upcoming presidential election in November 2024. As the election approaches, for the first time in U.S. history, a former president faces felony charges in four venues. In New York and Georgia, involving election fraud; in South Florida, involving classified documents allegedly stolen and held illegally after leaving the White House; and in the District of Columbia, where he’s charged with attempting to defraud the United States by stealing the 2020 election.

Trump is not just a former President. He’s also the current leading candidate for the Republican presidential nomination in the 2024 election. Attempts by the “Party of Order” to build up a rival Republican candidate have so far not gone anywhere. Polls show that as the downpour of felony indictments descends, his lead in the polls for the nomination over the other declared candidates has widened.

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