Communal League wrote:Debate Proxy 1 wrote:We have a similar term for it: crony-capitalism.
It's not that the right doesn't understand it exists... maybe the commies and I might be able to agree that state capitalism is a very dangerous problem.
From a marxist perspective, State/Crony Capitalism is an inevitable develop of the purely private (let's call it 'classical capitalist') mode of production. Capitalism produces crises like the Great Depression and Great Recession, and requires intervention by the state, like the New Deal or the bank bailouts, lest it collapse entirely. This will of course lead to the development of state capitalist model. Interestingly, this is same sort of model that you see in fascist regimes, with capitalist interests married to state power and vice versa.
But you also have to consider the divisions of opinion within the capitalist class, as Marx understood it. Fascism isn't good for anyone on the losing end of monopoly centralization.
Not everyone turns crony. Some of us want to reform capitalism, and the petit-bourgeoisie arguably believes practicing in those reforms for themselves. I don't really much care what you go off and do, personally.
"The bourgeoisie is only constituted as a class to the extent that it fears the proletariat." -- Karl Marx






