Markets =/= capitalism
Read a book
Comment on Personalized Political Spectrum
eugenevdebs@lemmy.dbzer0.com 1 day agoThe people’s stock market. en.wikipedia.org/wiki/Shanghai_Stock_Exchange
The people’s billionaires. en.wikipedia.org/…/List_of_Chinese_by_net_worth
Marx famously advocated for billionaires to hoard wealth and to have stock exchanges, he said that’s the true path to communism.
Amnesigenic@lemmy.ml 23 hours ago
Riverside@reddthat.com 1 day ago
If you were aware of the multiple tendencies within Marxism you wouldn’t make such uneducated claims. Example: the mensheviks in Soviet Russia arguing for a prolonged existence of capitalism during the industrialization of the country.
Marx himself believed that socialism was only possible after a capitalist phase and that it was precisely capitalism’s tendencies that would make socialism appear, and in turn give way to communism eventually. It was literally Lenin’s contribution that proposed Socialism directly from a feudal economy (early 20th century Russia and China), and argued for Bolshevism as opposed to Menshevism.
God forbid China finds a way to socialism with a mixed market economy. Regardless: seeing your quarrels with markets and billionaires, you surely are a staunch supporter of the Soviet model and the Cuban project?
Cowbee@lemmy.ml 1 day ago
(Emphasis mine.)
This isn’t quite true. Marx believed revolution would happen in developed capitalist economies first, but not that this was absolute. See his famous letter to Otechestvenniye Zapiski:
Marx did cross out this paragraph, but you can see that Marx did not hold such a rigid, formulaic view of the progression in modes of production. That said, whatever came to Russia even without going through capitalism would still have needed to go through socialism to reach communism, they just did not need a period of bourgeois domination and profit above all.