I don't think of state capitalism as when the government takes a very active role in the market alone I think the critical component of it is the lack of democracy and freedom of expression on top of that heavy handed control of the market.
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I think states should control their markets to ensure the best outcomes for their people but I also believe in economic democracy, democracy in general, and freedom of expression.
aug 30, 2025, 6:29 pm • 1 0 • view
this is where state capitalism of the 21st century departs that of the 20th. countries like China are managing their economy using gov't-run financial instruments. all are constrained by the supremacy of the US dollar, but thats what organizations like BRICS are working to change.
aug 30, 2025, 6:47 pm • 1 0 • view
Yeah stuff like the world bank, the world trade organization, and the western world holding the majority of wealth makes it difficult for any nation that challenges the economic norms of the world to succeed without backing from more powerful countries.
aug 30, 2025, 7:13 pm • 0 0 • view
Dependency theory in economics is really interesting and talks more about that. I really like that there are also non Marxist economists talking about it now because there are multiple ideological lenses to view it from.
aug 30, 2025, 7:13 pm • 0 0 • view
Don't understand what you guys are arguing about so please just enjoy this classic bit: youtu.be/8PqYbPha5nI?...
sep 1, 2025, 10:31 pm • 2 0 • view
That was incredible, thank you
sep 1, 2025, 11:00 pm • 0 0 • view
free expression is a tricky thing. people are happier when they have it. But it can also be a tool that western governments use to exacerbate existing unrest. hence something like the arab spring reverberates through facebook and "just happens" to topple a bunch of gov'ts not friendly to the US.
aug 30, 2025, 6:50 pm • 0 0 • view
Yeah I'm aware of that but I don't think that a good socio economic system/government needs to rely on censorship to remain popular with their own people. Maybe that's a naive take but I've always felt like education and building a nation's culture organically solves the issue in an ethical way.
aug 30, 2025, 6:57 pm • 0 0 • view