PSL are Marxists, they are going off of Lenin’s outline of Imperialism as an international form of Capitalism, where monopolist syndicates divy up the Global South to hyper-exploit. When PSL say Capitalism is reaching a crisis, they mean it, the world is largely upturning the US’ Imperialist dominance, Capitalism is struggling under the weight of its contradictions, free competition has given way to Monopolist syndicates and disparity has reached incomprehensible levels.
Okay, and if we’re going to say that, then Russia, SK, and China are all capitalist then, and there is no socialism/communism. Then we’re right back into ‘no true communist’ territory.
Russia and South Korea are Capitalist, extremely so. Did you think the USSR never dissolved and did you mean to say North Korea?
The PRC is a Socialist Market Economy. The model is described as a birdcage, the CPC allows markets to naturally develop but only along their guidelines, and increases ownership as competition creates these new monopolist syndicates. Socialism Developed China, Not Capitalism is a good article going over China’s economic model. The CPC has the power it has as a Dictatorship of the Proletariat, it needs that power to maintain supremacy over their bourgeoisie. Communism is achieved by degree, not decree.
The “no true Communism/Socialism” bit is from “left” anticommunists, generally, who haven’t read theory. As for Imperialism, the PRC and Russia don’t meet Lenin’s definition of Imperialism, hence why I linked the book in the first place.
PSL are Marxists, they are going off of Lenin’s outline of Imperialism as an international form of Capitalism, where monopolist syndicates divy up the Global South to hyper-exploit. When PSL say Capitalism is reaching a crisis, they mean it, the world is largely upturning the US’ Imperialist dominance, Capitalism is struggling under the weight of its contradictions, free competition has given way to Monopolist syndicates and disparity has reached incomprehensible levels.
Okay, and if we’re going to say that, then Russia, SK, and China are all capitalist then, and there is no socialism/communism. Then we’re right back into ‘no true communist’ territory.
Russia and South Korea are Capitalist, extremely so. Did you think the USSR never dissolved and did you mean to say North Korea?
The PRC is a Socialist Market Economy. The model is described as a birdcage, the CPC allows markets to naturally develop but only along their guidelines, and increases ownership as competition creates these new monopolist syndicates. Socialism Developed China, Not Capitalism is a good article going over China’s economic model. The CPC has the power it has as a Dictatorship of the Proletariat, it needs that power to maintain supremacy over their bourgeoisie. Communism is achieved by degree, not decree.
The “no true Communism/Socialism” bit is from “left” anticommunists, generally, who haven’t read theory. As for Imperialism, the PRC and Russia don’t meet Lenin’s definition of Imperialism, hence why I linked the book in the first place.