davel , (Bearbeitet )
@davel@lemmy.ml avatar

Real capitalism doesn’t have bailouts and central management and endless regulatory red tape that favors the rich corporate bosses.

That’s still just capitalism. The state has been captured by the bourgeoisie since its birth in the 1776 bourgeois revolution. The Founding Fathers formed a bourgeois democracy, otherwise known as a dictatorship of the bourgeoisie. The state has never represented the proletariat, and it was never supposed to.

Real capitialism is everyone fighting like cats and dogs to provide the best product at the lowest prices, which has not been happening in America since the days before Rockefeller and Standard Oil.

Firstly that is also just capitalism, and secondly, by the time Rockefeller became a robber baron it was already no longer that type of capitalism, but monopoly capitalism, which we still have today. This type of capitalism had been predicted by Marx and described in great detail by Lenin in Imperialism, the Highest Stage of Capitalism.

we live under a hardline socialist regime in the USA

So you don’t have even a basic understanding of capitalism or of socialism. Even Wikipedia isn’t this wrong.

Thus the capital of the poor continues to flow one direction, to the rich, and if the rich get into trouble, the government takes more capital from the poor to bail out the rich. That is socialism, not capitalism.

As long as the state serves the bourgeoisie, it is a capitalist state. A socialist state is when the state serves the proletariat. Communism is when it is a classless society. And sovereign fiat money doesn’t work that way. The government doesn’t get its money from the poor or from anyone else: it just creates it out of thin air. Why The Government Has Infinite Money

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