And what about beyond the US – how will this spending play out on the world stage? What does it mean when Biden says ‘America’s back’?

Do these packages represent a new New Deal comparable to that of Roosevelt in the 1930s? What results did FDR’s version achieve?

How should the left respond to this turnaround of approach? We ask what role does the left need to play in this era of political, economic, environmental and social crisis?

This episode of Socialism looks at Biden’s massive stimulus package and discusses why it can’t solve the problems of US and world capitalism

Further reading

An era of capitalist turmoil – only socialism offers humankind a future: https://www.socialistworld.net/2021/04/28/an-era-of-capitalist-turmoil-only-socialism-offers-humankind-a-future/

New start – new hope for peace: http://socialismtoday.org/new-start-new-hope-for-peace

How green is Joe Biden: http://socialismtoday.org/global-warning-how-green-is-joe-biden

New opportunities in Peru: http://socialismtoday.org/new-opportunities-in-peru