From my post elsewhere in response to Trump’s post.
That’s socialism, right? Maybe not because the workers won’t own the means of production, the government will. Which is communism. Well 10% communism? Well, starting out at the introductory rate of 10%. I’m sure that Trump will demand more in the future.
Remember when Republicans talked about the free market, government not picking winners and losers, free trade, etc? They are being conspicuously silent on the government taking over part of a major company. Imagine if Obama started buying stakes in companies? You don’t have to. The federal reserve did it via quantitative easing during the 2008 crash. They pumped trillions into companies to keep them afloat during Obama’s term and the Republicans that knew about it had a hissy fit. But they are all quiet now. Nothing to say. It’s okay for the government to have a little corporate ownership as a treat. Even though they called it fascism for years.
The Marxist definition of socialism is that the government owns the means of production. That definition prevailed during the Cold War when you had such socialist countries. Communism is a utopian state which is promised to come after socialism. It’s the system of a post-scarcity society where you don’t have property because everything is abundant. The state withers away because it is no longer needed. Basically, it’s a society like in Star Trek. In Marxist thought, the development is: feudalism->capitalism->socialism->communism
Of course, it’s not wrong using the term “socialism” more loosely.
Yeah. It’s pretty funny. It made me think of some of the rather conservative takes that are passed off as leftism on lemmy, which is how I got the title. Of course, meddling in the economy is straight fascism, too, of course. I really wish I had chosen something else now.
From my post elsewhere in response to Trump’s post.
That’s socialism, right? Maybe not because the workers won’t own the means of production, the government will. Which is communism. Well 10% communism? Well, starting out at the introductory rate of 10%. I’m sure that Trump will demand more in the future.
Remember when Republicans talked about the free market, government not picking winners and losers, free trade, etc? They are being conspicuously silent on the government taking over part of a major company. Imagine if Obama started buying stakes in companies? You don’t have to. The federal reserve did it via quantitative easing during the 2008 crash. They pumped trillions into companies to keep them afloat during Obama’s term and the Republicans that knew about it had a hissy fit. But they are all quiet now. Nothing to say. It’s okay for the government to have a little corporate ownership as a treat. Even though they called it fascism for years.
The Marxist definition of socialism is that the government owns the means of production. That definition prevailed during the Cold War when you had such socialist countries. Communism is a utopian state which is promised to come after socialism. It’s the system of a post-scarcity society where you don’t have property because everything is abundant. The state withers away because it is no longer needed. Basically, it’s a society like in Star Trek. In Marxist thought, the development is: feudalism->capitalism->socialism->communism
Of course, it’s not wrong using the term “socialism” more loosely.
Under any definition it is most definitely not something that would have been acceptable to most Republicans if done by a Democrat.
Yeah. It’s pretty funny. It made me think of some of the rather conservative takes that are passed off as leftism on lemmy, which is how I got the title. Of course, meddling in the economy is straight fascism, too, of course. I really wish I had chosen something else now.
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