Late Stage Capitalism

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After decades of criticizing China for state interventions in the market, US is now beginning to copy them (www.wsj.com)

submitted 3 years ago by [email protected] to c/[email protected]

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[–] [email protected] 1 points 3 years ago (1 children)

This "stop helping favored industries with subsidies" demand by the bourgeoisie is silly.

Wasn't the US's founding genocide a subsidy to capital by government? Weren't all the genocides making up primitive accumulation subsidies? Wasn't government enforcement of slavery a subsidy? Isn't the Iraq War, and all other imperialistic wars, coups, and blockades?

It's subsidies all the way down. Now the biggest thieves in world history, the white supremacist capitalists, are accusing their victims of subsidy.

[–] [email protected] 2 points 3 years ago

Yeah, the whole free market thing is just propaganda in practice. US regularly subsidizes their industries, and manipulates the market during economic downturns.