The market cant self regulate because it doesnt represent the interests of the prolotariat. The state in a socialist society by definition is govened by the people.
Well it is a representative democracy in most cases, so in reality it is governed by people’s representatives.
That is a big difference because the market also represents the interests of the people in the way of price setting and supply and demand. And we can see it is not working.
There is no such thing as a representive democracy in capitalism. Power is not spread equally amungst each voter, your power is based off how much wealth you have. The rich class own corporate media and can shape peoples views and opinions to be comfortable with their rule. Political parties are completely reliant on funding from the rich to drive there campaigns, elected candiates are always approved by the rich class.
The market does not represent the interests of the people. Capitalism results in unregulated monopolies or price fixing that cause companies to extract significantly more wealth from people than what is reasonable.
There is so much wrong with such a short comment it’s genuinely quite impressive.
You should read:
Lenin’s What Is To Be Done?, The State and Revolution, Left-Wing Communism: An Infantile Disorder
Stalin’s Foundations of Leninism, The Role of the Communist Party in the Proletarian Revolution
Chairman Mao’s On Practice and On Contradiction, Serve the People, On the Correct Handling of Contradictions Among the People, Combat Liberalism, Oppose Book Worship and 红宝书 (especially chapter 1).
You can also look at modern China and how nearly a billion people were lifted from abject poverty. How the party has over 80% support. How infrastructure and the people are invested in without the need to wring them for profit. The party is neither all powerful nor perfect it is simply the tool through which the people wield their power.
The market cant self regulate because it doesnt represent the interests of the prolotariat. The state in a socialist society by definition is govened by the people.
Well it is a representative democracy in most cases, so in reality it is governed by people’s representatives. That is a big difference because the market also represents the interests of the people in the way of price setting and supply and demand. And we can see it is not working.
There is no such thing as a representive democracy in capitalism. Power is not spread equally amungst each voter, your power is based off how much wealth you have. The rich class own corporate media and can shape peoples views and opinions to be comfortable with their rule. Political parties are completely reliant on funding from the rich to drive there campaigns, elected candiates are always approved by the rich class.
The market does not represent the interests of the people. Capitalism results in unregulated monopolies or price fixing that cause companies to extract significantly more wealth from people than what is reasonable.
The an all powerful party would? How?
There is so much wrong with such a short comment it’s genuinely quite impressive.
You should read:
Lenin’s What Is To Be Done?, The State and Revolution, Left-Wing Communism: An Infantile Disorder
Stalin’s Foundations of Leninism, The Role of the Communist Party in the Proletarian Revolution
Chairman Mao’s On Practice and On Contradiction, Serve the People, On the Correct Handling of Contradictions Among the People, Combat Liberalism, Oppose Book Worship and 红宝书 (especially chapter 1).
You can also look at modern China and how nearly a billion people were lifted from abject poverty. How the party has over 80% support. How infrastructure and the people are invested in without the need to wring them for profit. The party is neither all powerful nor perfect it is simply the tool through which the people wield their power.
It isn’t, and it never was.
Dang I never thought the bbc would admit that.