this post was submitted on 18 Jan 2024
27 points (100.0% liked)
GenZedong
4288 readers
47 users here now
This is a Dengist community in favor of Bashar al-Assad with no information that can lead to the arrest of Hillary Clinton, our fellow liberal and queen. This community is not ironic. We are Marxists-Leninists.
This community is for posts about Marxism and geopolitics (including shitposts to some extent). Serious posts can be posted here or in /c/GenZhou. Reactionary or ultra-leftist cringe posts belong in /c/shitreactionariessay or /c/shitultrassay respectively.
We have a Matrix homeserver and a Matrix space. See this thread for more information. If you believe the server may be down, check the status on status.elara.ws.
Rules:
- No bigotry, anti-communism, pro-imperialism or ultra-leftism (anti-AES)
- We support indigenous liberation as the primary contradiction in settler colonies like the US, Canada, Australia, New Zealand and Israel
- If you post an archived link (excluding archive.org), include the URL of the original article as well
- Unless it's an obvious shitpost, include relevant sources
- For articles behind paywalls, try to include the text in the post
- Mark all posts containing NSFW images as NSFW (including things like Nazi imagery)
founded 4 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
That's exactly what it is, and it's not new. It might seem paradoxical, but the very wealthiest capitalists -- the movers and shakers of the entire ruling class -- are often less concerned about day-to-day profits than maintaining the stability of the system. This is because their wealth is so bound up with the entire system, and if it collapses, they do too; hence they are often willing to countenance "progressive" reforms, especially if they can so swing it that other capitalists lower down the ladder of wealth are the ones footing the bill. This is sometimes referred to as capital taking on a "managerial" mindset. Examples of it are DuPont supporting the creation of the Federal Reserve, the Rockefellers supporting Roosevelt, and so on. This creates tensions, of course, within the ruling class, as less wealthy capitalists (whose business empires will often shrink) resent the restrictions which high-level capital is forcing on them, and seek to throw off the imposed restraints.