The ruling class was overly confident of their victory in the 90s over communism. They are high on their own supply to this day and think China will collapse any time now. Essentially, they don’t believe they need to give significant concessions because, in their view, there is no alternative, and workers have no choice other than capitalism. It’s not just our politicians who think there is no alternative, but many ordinary people as well.
The ruling class was overly confident of their victory in the 90s over communism. They are high on their own supply to this day and think China will collapse any time now. Essentially, they don’t believe they need to give significant concessions because, in their view, there is no alternative, and workers have no choice other than capitalism. It’s not just our politicians who think there is no alternative, but many ordinary people as well.