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Financing is the mind-killer. Financing is the little-death that brings total obliteration. (hexbear.net)

submitted 11 months ago by Posadas@hexbear.net to c/chapotraphouse@hexbear.net

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[-] TreadOnMe@hexbear.net 12 points 11 months ago

An interesting note for me is that, on average, socialist systems are better and more efficient at developing forms of capitalism out of feudalism. A revolutionary nationalist period is almost a bound requirement for capitalism to develop.

[-] thethirdgracchi@hexbear.net 10 points 11 months ago

That's kind of Branko Milanovic's argument in Capitalism, Alone. Good book, even though I disagree about a lot of its conclusions (mainly that China is clearly "state capitalist").