Is Labor dead, or just resting?
Labor is a capitalist workers’ party. Its links to the trade union movement and its membership make it a party, however warped, of the working class. Its aim and actions when in power of managing the system make it a party of capitalism.
The two sit uneasily together and the balance between them depends on a range of factors. Two important ones are what is happening with profit rates and the level of class struggle.
