Inflation-adjusted home prices in China have fallen below where they started two decades ago, and the fiscal fallout is hitting local governments even harder than developers.
Our current bourgeois parties would certainly not have any part in organizing the working class or creating a vanguard party. It is up to the people to organize/be organized in a mass movement outside of a political party that is controlled by and beholden to the rich guys in power. There are third parties in existence now (like the Green Party, Peace & Freedom Party in California, and DSA, if it ever decouples from the Democratic Party) that can help organize workers into a mass movement to support a future vanguard party and worker revolution. But it could also be a mass movement akin to what we saw in Minneapolis, people on the ground from a bunch of different groups (and people from no groups) coming together to oppose ICE. This is all usually spurred on by a sheer drop in living conditions, like we are witnessing right now, and which will only be exacerbated by the growing AI data center trend, which will destabilize water supplies, cause huge electrical service disruptions, and which may cause pollution on a scale we have not experienced in our lifetimes.
Our current bourgeois parties would certainly not have any part in organizing the working class or creating a vanguard party. It is up to the people to organize/be organized in a mass movement outside of a political party that is controlled by and beholden to the rich guys in power. There are third parties in existence now (like the Green Party, Peace & Freedom Party in California, and DSA, if it ever decouples from the Democratic Party) that can help organize workers into a mass movement to support a future vanguard party and worker revolution. But it could also be a mass movement akin to what we saw in Minneapolis, people on the ground from a bunch of different groups (and people from no groups) coming together to oppose ICE. This is all usually spurred on by a sheer drop in living conditions, like we are witnessing right now, and which will only be exacerbated by the growing AI data center trend, which will destabilize water supplies, cause huge electrical service disruptions, and which may cause pollution on a scale we have not experienced in our lifetimes.