My understanding of it is a system of ownership and direction of enterprizes, where the state participates as a capitalist and as managenent, either wholely or in concert with private ownership.
edit to add: Lennin was certainly against any private participation in capitalism, but the soviet party did loosen that with parastroika, and the Chinese Communist party started with, I believe, Deng Xiaping Thought, tho I would have to double chetk that it didn’t start earlier
You are correct on what state capitalism is, but that flies in the face of the cases discussed. Perestroika USSR is not Lenin’s USSR, but one that suffered from decades of revisionist rot that started before Stalin’s corpse was even cold.
Normal-ass private citizen capitalists are anathema to Lenin’s state capitalist model, the whole point was for the state to take that mantle in order to remove the existence of an independent capitalist class. I don’t think this was correct, and in fact a pretty catastrophic failure of grasping counterfactual class antagonism, but it is what it is.
China’s model is officially called (among other things) “state socialism”, so named because the primary role of the state is not to nullify and supplant the capitalist class but rather to subjugate it at the direction of the proletariat. We can say in a looser sense that things like it’s public enterprise in oil are “state capitalist”, but the PRC overall is not a state capitalist entity.
Thanks, that did help deepen my understanding. Its good to see that the current thought remains commited to socialism and recognizes the miss-steps of the past, and is continuing to iterate towards a more equitable future.
Perhaps one day they will achieve it. I certainly hope they do. As of yet, the state capitalism approach to building socialism has had a number of mistakes and limited success, such that I still remain skeptical of it.
listen to season 2 of Blowback on Cuba. American policy radicalized the revolution and forced them from a more reformist stance, into ML orthodoxy, and they’ve achieved a tremendous amount while under seige from the US.
My understanding of it is a system of ownership and direction of enterprizes, where the state participates as a capitalist and as managenent, either wholely or in concert with private ownership.
You know, like Lennin meant
edit to add: Lennin was certainly against any private participation in capitalism, but the soviet party did loosen that with parastroika, and the Chinese Communist party started with, I believe, Deng Xiaping Thought, tho I would have to double chetk that it didn’t start earlier
You are correct on what state capitalism is, but that flies in the face of the cases discussed. Perestroika USSR is not Lenin’s USSR, but one that suffered from decades of revisionist rot that started before Stalin’s corpse was even cold.
Normal-ass private citizen capitalists are anathema to Lenin’s state capitalist model, the whole point was for the state to take that mantle in order to remove the existence of an independent capitalist class. I don’t think this was correct, and in fact a pretty catastrophic failure of grasping counterfactual class antagonism, but it is what it is.
China’s model is officially called (among other things) “state socialism”, so named because the primary role of the state is not to nullify and supplant the capitalist class but rather to subjugate it at the direction of the proletariat. We can say in a looser sense that things like it’s public enterprise in oil are “state capitalist”, but the PRC overall is not a state capitalist entity.
Worth a read, this is from Vijay Prashad’s organisation: https://thetricontinental.org/wenhua-zongheng-2023-2-socialism-3-in-china/
Thanks, that did help deepen my understanding. Its good to see that the current thought remains commited to socialism and recognizes the miss-steps of the past, and is continuing to iterate towards a more equitable future.
Perhaps one day they will achieve it. I certainly hope they do. As of yet, the state capitalism approach to building socialism has had a number of mistakes and limited success, such that I still remain skeptical of it.
listen to season 2 of Blowback on Cuba. American policy radicalized the revolution and forced them from a more reformist stance, into ML orthodoxy, and they’ve achieved a tremendous amount while under seige from the US.