Socialism, commonly known for the very little, unimportant factor of having workers own the means of production, now includes a stock market where people can buy a share of the means of production, using capital, without ever having worked there, or anywhere, ever?
News to me.
As a wise tankie recently said to me, about the CCP’s stock market:
Owning stock in a company does not give you control over the means of production. Sorry bud.
Just had my first run-in with hexbear. Man those guys are fuckin’ stupid.
My condolences 😔
socialism
GDP
Ok yeah I won’t even need to read the rest
I mean tbf if a single country adopted socialism it would still have a GDP of some kind as long as there was the need for goods that came from outside the country. Hell you could have the ideal communist society but would still have to trade for something because no land on earth has all of the resources a modern society needs.
I thought GDP was the gross DOMESTIC product, thus not including foreign trade. Am I wrong?
“NO, compromise is NOT acceptable, we MUST implement socialism NOW; otherwise you’re all fascists and completely identical” - Tankies when democracy
“Um, aktually, sweatie, materialist analysis DEMANDS we be capitalist first” - Tankies when no democracy
the material conditions forcing stalin to recriminialize homosexuality:
In Hungary, a lot of companies are state owned*, I guess I now live in a communist utopia under comrade Viktor Orbán.
* at max 25%, only so the losses can be subsidized by the state, and old people that wanted “the good old days” back could cheer that “the industries were nationalized”.
If the public doesn’t control the political parties or their political orientation through voting or councils, socialism is pretty useless, it could even be argued that a society with an illiberal state cannot be socialist, because while it may not have an owning class it sure has a bureaucratic ruling class.
Read: The Average Joe in China cannot decide what their workplace is doing.
Mikhail Bakunin’s “socialism without liberty is slavery” quote comes to mind.
Exactly, you can’t liberate people by shackling them.
But I guess war is peace, freedom is slavery, and ignorance is strength.
“Trust me, bro. Your suffering is in your best interest.”
L’Prolétariat, c’est moi
Your comment inspired me to create a post about it, thanks lmao
State capitalism is still capitalism.