Message from @beatless
Discord ID: 631531315002474583
they basically have a 50/50 split between private business and state or worker owned businesses
bank subsidies, quantitative easing, year after year of tax breaks and so on
Even private business are shells for the politicians
india is actually similar in that regard though the indian state doesn't have as much power over private enterprise i don't think
only the biggest ones
@Death in June don't you legally need to be a part of the ccp to own a business in china?
well, for the formal sector, at least
But the "private" industry is bound by law to serve the state's demands. Which is basically how it worked in Germany.
though not too big, those ones are the politicians bosses
So fascism
not that i'm aware of
well in germany the fuhrer formally had absolute authority over all facets of the country
though legally firms weren't necessarily obligated to serve the state's demands and the freedom of contract was generally respected
"Freedom of contract" with the understanding that at any time they wished the state could and would seize your business.....
yeah
Same as China
Tbh in theory the "state" capitalism of venezuela, china and germany seems the same to me, except for the degree of how much political-class elites there are
china and germany are more similar to eachother than either are to venezuela i think
Venezuela has less politician/military-elites, but regardless in such nations the state owns/controls/gets any business that goes against their vision
Much more authoritarian too. If they had more persons rubbing shoulders with Maduro and he let more politicians "own"/take control of the industries, it can look like china.
looking more like china would be a big improvement over what they have now
Like china wrt economic, ethnic or big government?
the economic system
the venezuelan government just attempts to control private enterprise through a web of strangling regulations
Maduro seized all industries. Lots of small business owners were imprisoned for not wanting to give them up
That's why every American company fucking left
Their grocery shelves are full of one-brand only items/monopoly
that's not true
less of venezuela's economy is state owned than in countries like norway
Only because Venezuela doesn't have an economy right now
it's been that way throughout the entirety of the chavez and maduro administrations
If you want america to be economically like china, u have to make your people do the dirty jobs, keep your tech to yourselves & don't let the chicoms study how to make them in your very own universities/phds and/or reverse engineer them
Produce them in america so they don't steal your IP
Better than aoc