this post was submitted on 31 Jan 2025
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-- and they both punch left; exactly as conservatives like to do.
I consider tankies to be on the right end of the socialist spectrum, so when I say it I'm punching right. They're still comrades even if they are miss guided by state-capitalist governments. Cheers
I love it when people call a transitional economy state capitalist because it betrays a lack of understanding of actually existing capitalism and the role the state plays in it.
I think if you're comparing "degrees" of left vs right, at that point you're missing the forest for the trees. Ultimately, Anarchists and Marxists disagree on strategy and end goal, but both oppose Capitalism and Imperialism. At that point, there really isn't a "more" or "less" left, there's just differences in analysis and what must be done to get from A to B, as well as what B itself is.
Because the Chinese state has fiat monetary sovereignty, it doesn’t function in the capitalist mode. It has no need to make a profit because it has infinite money[1]. It doesn’t need to extract surplus value from workers to satisfy investors, and it doesn’t even need to break even. The logic of capitalism doesn’t apply.
Ultras fear the scroll.