Banks literally seize and freeze assets from people, e.g. Julian Assange.

Banks have also a track record of seizing countries international reserves like Russia, Venezuela, Iran, etc…

Yea, there is an objective value, as in the average labour needed to produce the thing but there is also the value that people perceive. The more divorced from production people are, the more the abyss between objective and perceived value grows, this is how you get cardboard pokemon cards being valued at four figures or more.

At the end of the day, marketing is more about creating a mythology around a thing than informing people about the product.

The way i see it, bitcoin is just a glorified savings fund.

The only value, as in labour put in, would be the energy spent by the hashing process but honestly considering it value its as if we considered value a person endlessly working digging a hole and then filling it back up, sure it’s energy spent but its spent in a non productive way.

A sense of urgency accomplishes great things.

Gotta love capitalism breeded innovation.

Trump just literally says out loud the wet dream of every single american politician ever and the average american is mad that he is simply not discreet.

People making the things they consume their whole personality, not a rare thing tbh.

Tbf who can keep up with the names when its a revolving door of boring lackeys.

no no no you see, putting papers behind paywalls actually incentivizes innovation because… wait what?

Libs when voting for the “lesser evil”

just get a variable resistance, aka a potentiometer, and have fun adjusting it to get that value.

The state is a system that reconciles class contradictions, in socialism that state resolves them in favor of the proletariat. It isn’t a distinct class.

This is wrong, Lenin in State and Revolution precisely points out that this was Kautsky view of the state. The state is not a reconciliatory tool, it is a tool for a class to dominate the others. When we talk about a dictatorship of the proletariat we talk about seizing the state and use it to oppress the capitalist class not to reconciliate. Make the capitalist serve their historical mission of organizing and developing the productive forces but strip them off all political power.

Another thing i would like to point out is about the withering of the state. It should be understood that the state as a tool for organizing production, is not going away, but the state as a tool of class oppression is what is going to wither away.

right-wing extremist… LiKe a sTaLiNiSt cULt

they did this without a 100 email chain?

also it doesn’t make it any less impressive.

Did they really? Lmao nothing of value was lost.

Butchering the definition, imperialism is the monopolist stage of capitalism, specifically the monopoly of finance capital. This can be expanded but there is no point in doing so here.

The monopoly on finance capital is already formed by a cartel of mostly american+european financial institutions and so on. These countries are what we call imperialist, we do not call Russia imperialist simply because they do not have this monopoly and are actively fighting against it, their future ambitions are a story for another day.

Let’s say that somehow the cartel completely disappeared and banks were to start from zero again, a bunch of local banks would emerge all around the world. As time went on, the most efficient banks would inevitably best its competitors, consolidate their position and gain increasingly more market share, until it becomes a local monopoly, then they go global and the process repeats until a global monopoly is formed, this is what happens on every single industry.

This is an inevitable outcome of capitalism simply due the nature of capital growing, capital stagnates when it faces competition so capitalists inevitably organize into cartels to consolidate a monopoly. The only way to do some sort of “checked capitalism” is to completely strip capitalists off political power through a violent revolution, like China did.

When Cowbee says that capitalism decays and leads into imperialism this is what i think he means, and he is right.

I’m an enjoyer of “checked capitalism” as in a communist party holds all the political power.

99% of the people that think capitalism is awesome, are not remotely aware of what capitalism is.

wow i’ve never seen this strategy before!