Capitalist socialism: Difference between revisions
Created/expanded by automated agent (ComradeBanana task) |
Created/expanded by automated agent (ComradeBanana task) |
||
| Line 1: | Line 1: | ||
'''"Capitalist socialism | "'''"Capitalist socialism''' — Haz's name for the actually-existing American economy: a planned economy whose planning is captured by financial monopolists. | ||
== | == From [https://infrared-transcripts.pages.dev/en/youtube/infrared-vods/jslqqjasue4/ RESPONDING TO THE COMMUNIST PARTY'S INFRARED BAN] (Nov 2021) == | ||
From [https://infrared-transcripts.pages.dev/en/youtube/infrared-vods/jslqqjasue4/ RESPONDING TO THE COMMUNIST PARTY'S INFRARED BAN] (Nov 2021) | |||
> "We have a bloated financial sector, and I want to go farther than even China is right now — I want America's financial sector to be completely eliminated... The financial sector is a form of bourgeois, monopoly '''capitalist socialism'''. The financial sector right now is a form of selling indulgences of the planned economy. We live in a planned economy — but on Wall Street the financial monopolists coordinate with each other to get rich off of this financial planning, and rig the system to their benefit, at the expense of the American people." | > "We have a bloated financial sector, and I want to go farther than even China is right now — I want America's financial sector to be completely eliminated... The financial sector is a form of bourgeois, monopoly '''capitalist socialism'''. The financial sector right now is a form of selling indulgences of the planned economy. We live in a planned economy — but on Wall Street the financial monopolists coordinate with each other to get rich off of this financial planning, and rig the system to their benefit, at the expense of the American people." | ||
== The argument == | == The argument == | ||
The economy '''is''' planned — supply chains, monopolies, state coordination ([[We already live in socialism]]). Finance is the toll-booth on top of that planning: "selling indulgences" — payment for permission to participate in what already exists. Hence the radical demand: not regulate finance but '''eliminate''' it — farther than China's mixed model — because finance isn't a sector of production but a parasite stratum on the already-socialized economy ([[Tendency of the rate of profit to fall]]). | |||
== See also == | == See also == | ||
* [[Corporate Socialism under FDR]] | * [[Corporate Socialism under FDR]] | ||
Revision as of 10:53, 21 August 2026
""Capitalist socialism — Haz's name for the actually-existing American economy: a planned economy whose planning is captured by financial monopolists.
From RESPONDING TO THE COMMUNIST PARTY'S INFRARED BAN (Nov 2021)
> "We have a bloated financial sector, and I want to go farther than even China is right now — I want America's financial sector to be completely eliminated... The financial sector is a form of bourgeois, monopoly capitalist socialism. The financial sector right now is a form of selling indulgences of the planned economy. We live in a planned economy — but on Wall Street the financial monopolists coordinate with each other to get rich off of this financial planning, and rig the system to their benefit, at the expense of the American people."
The argument
The economy is planned — supply chains, monopolies, state coordination (We already live in socialism). Finance is the toll-booth on top of that planning: "selling indulgences" — payment for permission to participate in what already exists. Hence the radical demand: not regulate finance but eliminate it — farther than China's mixed model — because finance isn't a sector of production but a parasite stratum on the already-socialized economy (Tendency of the rate of profit to fall).