Soviet Communism and Capitalism: a comment casually tossed off by “Sorry, Not Buying It,” over at Off-Guardian . . .

Taking Sides

Source: Sorry, Not Buying It

“The communist system tried by the soviet union did not work and the capitalist system of the Western world is failing due to wealth being sucked up to the top tier and perpetually always less for the middle and none for the lower tiers of society.”

Source: Summitflyer

Yes, it’s failing for that reason, but you don’t explain WHY it’s happening for that reason. This is where capitalist macrodynamics come in. As Lenin said, the type of capitalism in the imperialist countries is the highest stage of capitalism. The concentration of wealth is a manifestation of the concentration of capital, which characterizes the current capitalist era. This is one of the defining features of capitalist-imperialism, along with the increasingly central role played by finance capital, the export of capital (as opposed to just goods and services), and the formation of capitalist trading associations.

Lenin, during…

View original post 969 more words

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s