this post was submitted on 29 Sep 2024
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However US Corporations that exploit US Workers and Workers abroad are subsidized, even for their losses. Us Taxpayers pay them while they exploit us further and Social Services get gutted and crumble. Gotta love neoliberalism, where socialized welfare is bad for workers, but good for corporations.
Edit: not actual socialism like worker owned, just socialized losses, as in the working class paying taxes foot the bill for the corporations benefit and privatized gains
Have you read Imperialism, the Highest Stage of Capitalism? It analyzes modern Imperialism, where workers in the Global North are both exploited by their bourgeoisie and yet benefit from the fruits of Imperialism, forming a labor aristocracy.
It isn't Socialism for corporations, it's Imperialism in action.
No, I have not. I've only touched on the book Consequences of Capitalism so far. Thanks for the req, I'll check it out.
Socialism isn't the right word, it's not like they are worker owned in any regard. It's just that the subsidies they receive for the benefit of their private business and profits for shareholders come from taxpayer money. Further redistributing weather to the wealthy at the expense of the working class Americans, and further enabling them to exploit us more. Their gains are privatized and their losses are socialized by the working class.
No problem! Lenin's writing is very eye-opening as it's Marxism applied to more modern, international Capitalism, but he may not make the most sense if you aren't already familiar with Marxism.
I'm somewhat familiar with the principals, but not enough to thoroughly explain them in a casual conversation.
It's definitely eye-opening to contextualize things like Nationalism, Fascism, Colonialism, and Imperialism within the Capitalist mode of production
Edited my comment to distinguish between genuine socialism and the welfare of corporations being socialized thru taxpayer money for their benefit and our expense.
You may want to swing back to Principles of Communism as well as Socialism: Utopian and Scientific by Engels, then Wage Labor and Capital as well as Value, Price and Profit by Marx before getting into Lenin if you're not confident in the basics of Marxism. Lenin is Marxism applied to early 1900s Capitalism, which has largely grown along the lines he analyzed and predicted (among numerous other analysis in theory and practice).