Noam Chomsky: “You Never Attack Anybody That Might Shoot Back” – the New World Order Part 9 (1991)
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November 23, 1991 www.amazon.com Watch the full lecture: thefilmarchived.blogspot.com State capitalism has various different meanings, but is usually described as a society wherein the productive forces are controlled and directed by the state in a capitalist manner, even if such a state calls itself socialist. Corporatized state agencies and states that own controlling shares of publicly-listed firms, and thus acting as a capitalist itself, are two examples of state capitalism. Within Marxist literature, state capitalism is usually defined in this sense: as a social system combining capitalism — the wage system of producing and appropriating surplus value in a commodity economy — with ownership or control by a state apparatus. By that definition, a state capitalist country is one where the government controls the economy and essentially acts like a single giant corporation. There are various theories and critiques of state capitalism, some of which have been around since the October Revolution or even before. The common themes among them are to identify that the workers do not meaningfully control the means of production and that commodity relations and production for profit still occur within state capitalism. Other socialists use the term state capitalism to refer to an economic system that is nominally capitalist, where business and private owners reap the profits from an economy largely subsidized, developed and where decisive research and development is undertaken …



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1 Comments
October 1st, 2010 at 5:42 pm
the psychopathology behind it is that they need to be occupying their minds with things that seem risky. they appear to be gambling addicts – they like to see the stat sheets on the economic trades of whatever land and sea based ‘commodities’. it’s like a mental illness that perverts the system that would be there, if they were sane. ie – a productive sustainable system, with global + beyond defined meaningful goals.