Steve Fraser

is a writer and historian. His latest book, Mongrel Firebugs and Men of Property: Capitalism and Class Conflict in American History has just been published by Verso. He is the author of Class Matters: The Strange Career of an American Delusion, and The Age of Acquiescence, among other books. “Socialism, Capitalism, and Democracy” will appear in Gregory Smulewicz-Zucker and Michael J. Thompson (eds), An Inheritance for Our Times: The Principles and Politics of Democratic Socialism, to be published by OR Books.

Living in the age of the 1 percent and the 99 percent, mired in the swamp of crony capitalism where Citizens United makes a mockery of “one man, one vote,” presided over by a felonious billionaire who has most likely never read the Constitution and is not inclined to obey it, the very notion that capitalism and democracy might cohabit the same political universe seems like a bad joke. Capitalism in its current form has become the graveyard of democracy.

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