However US Corporations that exploit US Workers and Workers abroad are subsidized, even for their losses. Us Taxpayers pay them while they exploit us further and Social Services get gutted and crumble. Gotta love neoliberalism, where socialized welfare is bad for workers, but good for corporations.
Edit: not actual socialism like worker owned, just socialized losses, as in the working class paying taxes foot the bill for the corporations benefit and privatized gains
Have you read Imperialism, the Highest Stage of Capitalism? It analyzes modern Imperialism, where workers in the Global North are both exploited by their bourgeoisie and yet benefit from the fruits of Imperialism, forming a labor aristocracy.
It isn’t Socialism for corporations, it’s Imperialism in action.
No, I have not. I’ve only touched on the book Consequences of Capitalism so far. Thanks for the req, I’ll check it out.
Socialism isn’t the right word, it’s not like they are worker owned in any regard. It’s just that the subsidies they receive for the benefit of their private business and profits for shareholders come from taxpayer money. Further redistributing weather to the wealthy at the expense of the working class Americans, and further enabling them to exploit us more. Their gains are privatized and their losses are socialized by the working class.
No problem! Lenin’s writing is very eye-opening as it’s Marxism applied to more modern, international Capitalism, but he may not make the most sense if you aren’t already familiar with Marxism.
