10-07-2016, 01:21 AM
(07-03-2016, 02:20 PM)Odin Wrote:(07-03-2016, 10:44 AM)pbrower2a Wrote: Marx saw ownership as the basis of power, ignoring the power of bureaucracies when those bureaucracies have no capitalists to contest them or when those bureaucracies are fully in collusion with the financiers and industrialists (as in America).
Many of us on the Left consider the Soviet regime to be State-Capitalist, the economy run as one huge corporation under the control and effective ownership of the party bosses and the bureaucracy underpinning the party bosses.
By that definition all industrial societies are capitalist by, since they involve leveraging labor with capital.
And by that definition, the Cold War was between state capitalism and free market capitalism, and the latter won by virtue of being the more efficient system.
Unfortunately today's left in the U.S. wants to move away from free market capitalism and toward state capitalism, and the right is fighting its own internal war on the issue and can't resist.