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@Cowbee@lemmy.ml
2026-10-14 14:27 UTC
There’s a lot that’s fundamentally wrong with this comment, but I think I can hit the core pretty narrowly. You cannot disentangle capitalism from the state, the capitalist state is not outside of capitalism but is instead a core function of it. Corporatism and cronyism are not in opposition to capitalism, they are a later stage in capitalist development, as compared to earlier capitalism when markets are highly underdeveloped and instead very decentralized and anarchic.
You also have a deeply moralist analysis, not a materialist, logical analysis. There is nothing inherently good about private property rights, and justifying the theft of surplus value on the basis that it is already common practice and would require violence in the form of revolution to change it is a moralist argument. It is just as easy to say that the everyday violence of theft of surplus value is a violent attack on working people, who create all new value. We must make scientific, materialist arguments, not simply rely on emotional soundbites.
You also ignore imperialism as a function of capitalism as it develops. The expansionist nature of capitalism causes it to dominate developing countries, where a share of the spoils are used to uplift the imperial working class. This is why the poor often get richer in developed capitalist economies, not because capitalism lifts all, but because developed capitalist economies shift their greatest contradictions to the international scale.
When you move on to socialism, you are entirely wrong. For example, the marketization in China is found in their developing industries, where markets do play a progressive role. However, in their developed and critical industries, China uses central planning. This is because planned economies overtake marketization when production advances to the national and international scale. It isn’t a binary planned/market distinction that socialists advocate for, it’s instead looking at the level of development of the productive forces and using the correct method accordingly.
Monopolies are an inevitable result of capitalism, because as technology improves, it requires more input to maintain. We cannot simply break up monopoly without inefficiently destroying productive forces in the process. This is where cronyism and corporatism, as you describe it, come in. Socialism and planned economy solves these problems by using the developed productive forces according to scientific planning, which is far more efficient at this scale (and is why China is doing so much better than capitalist economies).
Even more totally planned economies like the USSR saw some of the most rapid economic growth on the planet. They did not introduce starvation, they took overwhelmingly backward societies and brought them at and beyond their peers in rapid time. Life expectancy doubled between Tsarism and socialism in a matter of decades. Famine, while common in Tsarist Russia, was eliminated by 1935 outside of wartime. GDP growth was extremely rapid, all without running into crisis of overproduction or falling profitability:
You write a lot about what you “oppose” about capitalism, but without a coherent understanding of the totality of the system, you are reduced to unactionable moral platitudes, rather than concrete actions that can be taken. You remove the state from the economy and pretend it can be made to work both in the interests of the people as a whole while also shrinking, despite the fact that capitalists prop up and dominate the state as a co-evolutionary process.
The solution is socialism. Planned economy for developed industry, marketization limited to developing industry, and as all industry develops, transition to full planning to a collective and scientific aim.
Replies (1)
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Hi. It is hard to give too much of a response to this, because you have ignored the definition of capitalism that I stated and instead responded based on a different one. If you wanted to argue that the definition of capitalism I stated inherently leads to imperialism, cronyism, and all the rest of what you’ve posited, so be it, but you have not actually made an argument for why it does so, and I certainly wouldn’t agree that it does.
A couple points though:
My argument presumes a moral position that individuals have rights that should be respected, a position that can be argued on either deontological or consequentialist grounds. It also presumes that society getting more prosperous is a good thing. I think 99% of people agree with both these claims. I can suggest many philosophers who have made the argument that there is something “inherently good” about this perspective at length, all with differing justifications. You can look at Michael Huemer (The Problem of Political Authority), Hayek (Law, Liberty & Legislation, and Consitution of Liberty), Murray Rothbard (Ethics of Liberty), Ayn Rand (many books), Robert Nozick (Anarchy, Statt, & Utopia), and there are many more.
The entire Marxist argument falls apart for me as soon as you say “Surplus Value.” There is no such thing. The concepts assumes both the false Labor Theory of Value, which is accepted by virtually no modern economists, and also assumes that there is no value provided via entrepreneurship and capital allocation, which is false. Entrepreneurship and capital allocation are both vital to a prosperous functioning economy in which all classes of people gain wealth, and are economically rewarded as such.
Imperialism is directly at odds with capitalism how I have defined it, which is how advocates of capitalism see it (when I say “advocates,” I don’t mean some random Republican politician or voter trying to make things that don’t fit together fit, but serious economists and philosophers who understand and support capitalism). It is inherently a violation of property rights, which is essential to have a system that can be called capitalist. If it is imperialist, it is by definition not capitalism.
Neither China or the United States is purely capitalist/socialist or centralized/decentralized, both are mixed economies, but China is drastically more capitalist and decentralized then it was a few decades ago, a period of time in which the nation moved from famine to prosperity. See Ronald Coase’s book How China Became Capitalist which discusses the specific capitalist reforms China undertook and how those directly caused increased standards of living for Chinese people.
I believe you are simply wrong about the ability of planned economies to function. Please see Ludwig Von Mises’s Economic Calculation in the Socialist Commonwealth for the canonical argument on this. It’s a short easy read, and available for free from the Mises Institute. Yes the Soviet Union had a period of industrialization which led to a strong increase in wealth, but this period did not last, and to the extent that period succeeded it required the ability to piggyback off the prices set in the West in free economies. Without that, any functioning central economic planning at all would have been impossible.
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