I wonder what is your opinion on the similarities between American Capitalism vs USSR State Socialism during the cold war?
I'd say that a good point was made by Marxists I've known (not of the Leninist/Stalinist persuasion!) who referred to Soviet-style Communism as "State Capitalism" and traced the failure directly back to Leninist vanguardism recreating one of the central problems of capitalism in that it produced a narrow elite class that exercised control of the means of production and ordered society for its own benefit.
I would say that in many ways, during the Cold War, the "capitalist" mixed economies of the West -- even, though less so than some if its European allies, the US -- were more substantively socialist than the USSR and its allise following the same basic structural model.
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Ok, I stand corrected. This is not at all what I remember from my highschool/uni_101 classes, but it was 20 years ago.
I wonder what is your opinion on the similarities between American Capitalism vs USSR State Socialism during the cold war?
I'd say that a good point was made by Marxists I've known (not of the Leninist/Stalinist persuasion!) who referred to Soviet-style Communism as "State Capitalism" and traced the failure directly back to Leninist vanguardism recreating one of the central problems of capitalism in that it produced a narrow elite class that exercised control of the means of production and ordered society for its own benefit.
I would say that in many ways, during the Cold War, the "capitalist" mixed economies of the West -- even, though less so than some if its European allies, the US -- were more substantively socialist than the USSR and its allise following the same basic structural model.