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Your parent didn’t call the USSR “capitalism”, they called it “private capitalism”. I’ve never heard that term before so I’m guessing it was ad hoc. I’m guessi
by thephyber 3y ago
Your parent didn’t call the USSR “capitalism”, they called it “private capitalism”. I’ve never heard that term before so I’m guessing it was ad hoc.
I’m guessing the public capitalism / private capitalism has to do with where the ownership of property, concentration of human capital is, and there the market making prices are found. In that sense, the public/private dichotomy mostly works. Sure, Communists argue there is more virtue to their system than simply market making and state owned property, but those are effectively downstream / derived qualities.
And Mao murdered tons of people (both directly and the way a mob boss would have) for many different reasons. He probably was the kind of person who might murder someone because he woke up on the wrong side of the bed. I don’t think that matters much in this discussion and I don’t think we should self-censor our thoughts because the ghost of a terrible person might hear us.
- Natsu 3y agoThat formulation erases any distinction between capitalism and anything else, leaving it as just an empty synonym for badness. I'm calling out the intellectual emptiness of that use as an epithet here.
- specialist 3y agoOwnership, correct. Who gets to the keep the surplus (profits). Tragically, I biffed. USSR is public (as in the state is the owner) and USA is private (as in you and me). I wish I could remember where I heard this taxonomy. James C Scott, Richard Wolfe, other? Sorry. A quick search suggests "USSR is state capitalism" was one of Trotsky's (many) criticisms of the USSR. Wage labor, exploitation, yadda, yadda.