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There is a false dichotomy posed by the juxtaposition, and folks have been arguing "communism v. capitalism" ever since. The only difference is the scale of th
by _jal 9y ago
There is a false dichotomy posed by the juxtaposition, and folks have been arguing "communism v. capitalism" ever since.
The only difference is the scale of the hierarchy. Capitalists are dictators of the four walls of their enterprise. Communists just scaled the size of the enterprise up to a point where the Coase theorem is working against it.
Neither say anything about individual or popular sovereignty. And as I think we're just starting to see (and will see more of, as the US declines), late-stage capitalism taken to an extreme is no more attractive than the USSR was.
As for the constant "pretty idea that doesn't work" ideological mantra, that requires either defining away China or taking on predictive debt that sounds little different than an earnest Bolshevik did 100 years ago.