Vladimir Ilyich Lenin on State Capitalism
davel [he/him] @ davel @lemmy.ml Posts 533Comments 6,495Joined 2 yr. ago
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davel [he/him] @ davel @lemmy.ml
Posts
533
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6,495
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2 yr. ago
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“State capitalism” is an unfortunate misnomer which I avoid. Unlike private enterprises, state-owned enterprises don’t necessarily need to make a profit, because the state has a monopoly on money. Previously.