this post was submitted on 14 Feb 2024
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chapotraphouse

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[–] QueerCommie@hexbear.net 3 points 9 months ago* (last edited 9 months ago) (1 children)

That’s silly. So he wants to revert capitalism from its imperialist stage into the one Marx analyzed so Marx’s original vision would be carried out. Hudson said himself the only country close to his ideal industrial capitalism is China, and its socialist. Who is his proposition for, and how does he plan to revert away from imperialism? Also, when has industrial capitalism ever lead to socialism? Socialism has happened in pre and semi capitalist colonies.

[–] Kaplya@hexbear.net 3 points 9 months ago* (last edited 9 months ago) (1 children)

???

You’re confusing me. That’s literally Capital, Vol 1.

Lenin explicitly stated in Imperialism: the Highest Stage of Capitalism that imperialism was about the expansion of finance capital.

From Lenin’s Introduction to Bukharin’s Imperialism and Global Economy:

At a certain stage in the development of exchange, at a certain stage in the growth of large-scale production, namely, at the stage that was reached approximately at the end of the nineteenth and the beginning of the twentieth centuries, commodity exchange had created such :in internationalisation of economic relations, and such an internationalisation of capital, accompanied by such a vast increase in large-scale production, that free competition began to be replaced by monopoly. The prevailing types were no longer enterprises freely competing inside the country and through intercourse between countries, but monopoly alliances of entrepreneurs, trusts. The typical ruler of the world became finance capital, a power that is peculiarly mobile and flexible, peculiarly intertwined at home and internationally, peculiarly devoid of individuality and divorced from the immediate processes of production, peculiarly easy to concentrate, a power that has already made peculiarly large strides on the road of concentration, so that literally several hundred billionaires and millionaires hold in their hands the fate of the whole world.

[–] QueerCommie@hexbear.net 2 points 9 months ago

I know what imperialism is lol. I’m saying how the hell do you think you can reverse it rather than simply going through? It is a reactionary and petty bourgeois error to try to reverse the development of capitalism. Answer my question: why is going to a specific past stage of capitalism which had no successful socialist revolutions the best plan of action? We don’t have time for this, the climate clock is ticking.