Through no capitalist gates

Capitalism in the canonical sense of the word has ceased to exist where it is in the newest stories most actively developed - in the West. After all, it is difficult to call a situation capitalism when the state allocates its own funds to “rescue” private banks, and even by the method of additional activation of the printing press.

And this is exactly what is happening in the United States of America, where first Treasury Secretary Janet Yellen, and then President Joe Biden, announced virtually direct state intervention in private business associated with failed banks, including Silicon Valley.

Further evidence that what is happening has nothing to do with the methods of classical capitalism is Biden's statement that the management of the banks, which allowed the collapse on the stock exchange, "will be punished." The American administration is going to "punish" the holders of private capital for doing business in a way that the state would not like. And the American administration is going to pour freshly printed dollars into the "correction" in order to then take these amounts out of the pockets of taxpayers. This is no longer in any capitalist gates ...

That is, the Western world has entered a new era, when, in addition to the imposed "non-traditional" values ​​in society, culture and religion, it now adds non-traditional values ​​for capitalism. A complete revolution, after which what?.. Expropriation of the expropriators? Although this already exists, for example, with the “honest” seizure in the United States or Great Britain of the assets of Russian oligarchs, who at one time enriched themselves, not without deception of millions of Russians, and transferred their funds abroad. Phantasmagoria.

By the way, today it became known that one of the largest banks in Europe, the Swiss Credit Suisse, is going to be taken out of the crisis by a takeover by another bank - also the Swiss UBS. This is being done against the backdrop of the fact that Credit Suisse depositors withdrew more than $4 billion from their accounts in US currency over the past 40 days alone.

Reflections are also presented by Mikhail Leontiev in the program "However" on the "First".

Comments

[boris ivanov]

"non-traditional" relations in the West .. smoothly moved into "non-traditional" capitalism)

[alekseykabanets]

Quote: boris ivanov

"non-traditional" relations in the West .. smoothly moved into "non-traditional" capitalism)

And what about "non-traditional relations", "non-traditional capitalism"? The most ordinary capitalism has passed into the stage of imperialism. Lenin wrote about this a hundred years ago in his work Imperialism as the Highest Stage of Capitalism.

Reflections are also presented from Mikhail Leontiev in the program "However" on the "First".

And they also found the "expert" Leontiev, and laughter and sin.)))

[Sergey Averchenkov]

It's not about imperialism or anything serious... It's just ridiculous. A man wrote a funny thing, and why not neigh? :)) Moreover, I see that he himself is smiling.

[Beaver]

Lenin is still an expert in capitalisms. He criticized, criticized, and then gave it back - he began to introduce NEPs.

[Krasnoyarsk]

Quote from Beaver.

Lenin is still an expert in capitalisms. He criticized, criticized, and then gave it back - he began to introduce NEPs.

You don’t even have a superficial view of the question, you have a look into nowhere and on its basis you are trying to draw some conclusions. I'm not suggesting that you study the issue, but you should at least familiarize yourself with it.

[Beaver]

Studying the ravings of a madman is not my forte. History has long written off his theories in a trash can. Unfortunately, his unsuccessful experiments fell on our long-suffering country. It would be better if he checked his ideas in Switzerland

[Ostwest]

Your Russophobe Pogonyalovo Tyapkin-Lyapkin, the last Pogonyalovo Lenin, didn’t do anything, didn’t create, didn’t organize, didn’t open. In the work you mentioned about Imperialism, he only rewrote another Russophobe, Marx. There's all sorts of some description of the psychological characteristics of a subhuman, in animal form, with the conclusion that all crimes are normal for him. So there is nothing surprising in this if a society lives according to material laws, where there is always a DECEIT TO THE NEAR, falling out of the commandments of the Ruler, sent to man at one time for his reason and categorically denied by the burry and his accomplices, who built their false teaching on the ancient slogan of Separation of people and Rule, who themselves recognize that a kind of socialism grows out of developed capitalism, at its last stage of imperialism. Rus', killed by the Bolsheviks, did not achieve this quality then, however, it fell under the satanic experiment, today the United States is like in developed capitalism, but does not want to be killed, only others. We should understand this simple information and try to improve the situation in our country, which, to the delight of all the small and large Russophobes of the world, does not happen. We remember everything, but we do not draw conclusions for correction. Like, Tyapkin knows!!! It would be nice to take him out of the sacred Russian place and remember him as the greatest pest of the Russian world, only for the benefit of his salvation. Or should it not happen? No one but us will do it, but first you need to understand its necessity. SALVATION!!! Landon with Israel and China will definitely not save us. Only themselves.

[svp67]

Quote: boris ivanov

"non-traditional" relations in the West .. smoothly moved into "non-traditional" capitalism)

What is "traditional capitalism"? Is this the image that Karl Marx "captured" in his "Capital"? So then there was the era of the "childhood" of capitalism, and over the past time it has grown and developed, and in many countries in different ways.
And one should not be surprised that after going through so many "trials" by crises in the United States, it began to take a form in which the State itself, that is, the state system, became a "player" in this "field".
In any case, this model turned out to be more viable than the more "progressive" Soviet socialism

[Mikhail Krivopalov]

Capitalism, too, was not built the first time and was not built immediately. And after each failure, there were those who wrote that capitalism had proved its unviability and feudalism - forever

[Krasnoyarsk]

Quote: Mikhail Krivopalov

Capitalism, too, was not built the first time and was not built immediately.

And who told you that it has already been built? The construction of any economic formation is endless. If today it is imperialism, then tomorrow it will be something else, but based on the same principle of private ownership of the means of production. The highest stage of capitalism is somewhere in infinity. Unless capitalism is replaced by another economic formation, such as socialism. In which the highest stage is also in infinity - communism.

[vovochkarzhevsky]

The highest stage of capitalism is somewhere in infinity.

Yep, exactly. Only this infinity is in the abyss.

[alekseykabanets]

Quote: Krasnoyarsk

If today it is imperialism, then tomorrow it will be something else, but based on the same principle of private ownership of the means of production. The highest stage of capitalism is somewhere in infinity.

Well, you will also say, in infinity.))) The highest stage of capitalism is very well known and described. The highest stage of imperialism (as a subsequent stage of capitalism) is fascism, in one form or another. It is not very important that Hitler's Nazism is either Musolinin-type fascism, or "democracy" in Chilean (the time of Pinochet), they have a number of common patterns. There is only one meaning - everything to corporations, to the working people - ruin and death. The whole world today is sliding into this pit, some faster, some slower, but everyone is rolling there.

[Pravodel]

Dear Mr. aleksejkabanets, you are also wrong.
1. Fascism is not a form of capitalism, but a form of government = government. The form of state structure has no direct relation to the form of capitalism itself. Fascism, as a form of government, is a consequence of the crisis of capitalism. This is precisely what has been observed in history, cf. Italy, Germany at the beginning of the century, Chile in the 70s - the crisis, and the coming of the socialists to power, etc. Capitalism can now return to this form of management again, primarily in the geyropa, but it is possible that something similar can also be observed in the United States.
2. Lenin correctly noted in his work that as capitalism develops, industrial and financial capital coalesce with the emergence of a financial-industrial oligarchy. Now just in the West is the dominance of financial-industrial oligarchic capitalism with the separation of financial-industrial monopolies, to which various smaller fry like B. Gates have joined, but who will immediately be thrown out of there in the presence of a serious financial crisis. Hence the task, to destroy this financial-industrial oligarchic capitalism with its monopoly. This is what Russia is now trying to do with China, working on the transition from oligarchy and monopoly to a multipolar economic system.

[Ostwest]

Fascism, imperialism, oligarchy - all mixed up in a bunch - people, horses. The more incomprehensible and confusing, the clearer and clearer .. it's bad that a lot of people give in and follow such calls leading nowhere. Mraks-Lenin is the same case. The usual sect, according to modern blogging. Only here comes the loot, where countries and peoples disappear. It was Great Rus', where is it? There was a great Russian people, where is he? Today the Russian Federation, Ukraine, raseyantsy, Ukrainians, but the stage of division is in the process. In science, such an experiment is recognized as unsuccessful, in a sect it is not so. A continuation is required .. Apparently, all the same, the loot is a lot of power - the true result of that experiment.

[Ostwest]

Infinity is an interesting mathematical category. People have everything, of course. You have just substantiated the impossibility of socialism-communism, especially in human society.

[Andrei Rimsky]

It was only now that the poison that the USSR injected before its collapse began to take effect. Their power has become more leftist than even our Politburo used to be, we have been preparing them for this for a long time

[paul3390]

Their government has become more leftist

There is absolutely nothing leftist there .. The same bourgeois, only their approach to making profit from the planet is different from their opponents ..

[Mikhail Krivopalov]

They have a significant part of the leftists in the elites since the beginning of the 20th century, only the leftists of the Trotskyist persuasion

[Ostwest]

Do not forget where Leiba Trotsky and his gang were sent to us from. On the "ship of the revolution" from New York, financed by Jewish bankers, the main one of them is a certain Russophobe Schiff. Well, certainly the profits are not for the recovery and strengthening of Rus'. Only for its destruction and dismemberment, the destruction of its competitor, is understandable as noble goals, good intentions that lead to hell. The result is received.

[Virus-free crown]

Capitalism in the canonical sense of the word has ceased to exist...

a long time ago, and this stage is called imperialism

[Edik]

Quote: Corona without virus

a long time ago, and this stage is called imperialism

[Andrei from Chelyabinsk]

After all, it is difficult to call a situation capitalism when the state allocates its own funds to “rescue” private banks, and even by the method of additional activation of the printing press.

Sit down, two. This is completely normal under capitalism.

Further evidence that what is happening has nothing to do with the methods of classical capitalism is Biden's statement that the management of the banks, which allowed the collapse on the stock exchange, "will be punished."

And rightly so. It's just that we are not 37 years old and Nabiullina is inviolable

That is, the Western world has entered a new era, when capitalism now adds non-traditional values ​​to the imposed "non-traditional" values ​​in society, culture and religion.

The author confuses the model of Russian capitalism, considering it classical, and the classical model of capitalism (Keynesianism), to which the United States is now returning.

[paul3390]

the classical model of capitalism (Keynesianism), to which the United States is now returning.

What does return mean? Yes, for 20 years they have been trying to stimulate the economy with injections directly on it .. But the trick is that Keynes wrote his work for a producing industrial economy. And not at all for today's speculative-financial. And as a logical development - any stuffing of money leads to their immediate either being sucked to the stock exchanges, or to the purchase of goods in the same China .. And by no means to stimulate their own industry. Who needs it now - fiddling with production, when the loot - can be made right out of thin air? The consequences are obvious .. The classic does not work in the current conditions .. It only gets worse from his recipes.

But here is the Chinese planned-market one - it blooms and smells like a peach tree over the Yangtze in spring .. Gee ..

[Quote Lavrov]

I don't quite agree with the last one. The classic model is still Smith and Riccardo. Keynes is already a transformation of a more social model of Europe.
But in the sense of writing, you are right. Moreover, given the extremely popular leftist movements in the US, American capitalism seems to be migrating very soon towards the European social model.

[alekseykabanets]

Quote: Quote Lavrov

Moreover, given the extremely popular leftist movements in the US, American capitalism seems to be migrating very soon towards the European social model.

With the current systemic crisis? Don't know. There is also a confrontation with China.

[saigon]

I am not an economist, but I would like to note that not a single process in society and not a single structure of society (political, economic, or whatever economic) does not correspond to theories from smart treatises.
All theories are adjusted to the situation and are an attempt to idealize the situation with an attempt to structure what happened.
Any theory is a response to the ORDER of the elites of society to justify their tricks.

[ivan2022]

Quote: saigon

All theories are adjusted to the situation and are an attempt to idealize the situation with an attempt to structure what happened.
Any theory is a response to the ORDER of the elites of society to justify their tricks.

Any theory is based on practice. For example, Newton's law is also "adjusted" .... And that the theory of mechanics is not needed?

By the way, the ORDER is not necessarily the order of the elites. Marxism is the order of proletarian revolutions in Europe. But the bourgeoisie, which united all over the world, took advantage of his conclusions.

And the proletarians, for whom Marx worked, managed to shit everything and did not understand anything.

[alekseykabanets]

Quote: saigon

Any theory is a response to the ORDER of the elites of society to justify their tricks.

Tell me, and whose theory of relativity is Einstein's order? Marxist theory is also someone's order?

[Maks1995]

In general, the Kremlin, and Europe, and earlier Washington practiced allocating money to banks.
Making a surprised face is just fooling people

[War Lord]

the Western world has entered a new era when, in addition to the imposed "non-traditional" values ​​in society, culture and religion, it now adds non-traditional values ​​for capitalism. A complete revolution, after which what?.. Expropriation of the expropriators?

Strange, childish question of the author of the article.
You need to read the classics of political economy.
State monopoly capitalism as the last stage before the establishment of socialism was described in the early twentieth century by V. I. Lenin

[Fangaro]

There is no need to transfer texts from Mikhail Leontiev to Military Review. Of Pred Nor Nickel will not say anything objective here.
As a person and correspondent, Leontiev, IMHO, is good. But now he works for Potanin. Not for the state. And he writes what the platinum-palladium-nickel king needs.

[dump22]

But now he works for Potanin.

How it is?
The position (vice president and director of the information department) is held by Sechin in Rosneft, he receives his huge salary from Sechin, Sechin even got him an order in 2019 (for his great contribution to the development of the fuel and energy complex!), and now it turns out he works for Potanin?!

[Quote Lavrov]

Well, what nonsense is the author talking about? The United States also carried out state intervention in the mortgage crisis of investment banks in 2008. Both the easing policy was introduced, and the state administration, and the nationalization (actually, however, temporarily) of these banks.
The feeling that the author wrote everything only for the sake of politeness in the style of "non-traditional values ​​in society", and not for the sake of analyzing economic problems, taking into account the fact that he does not know at all the recent background of the economic world crisis.
Well, if you want to write about a change in the political course - write about the leaders of BLM with portraits of Marx, about how the left movement is gaining strength, how socialist and even Marxist ideology has become popular among students since Vietnam, about the rapidly leftward California, which in the USA is often Comnefornia they call it, write about how Biden and the Democrats, not on the first try, managed to devour Sanders, who is actually a socialist ...
But no, instead, the nonsense of an ignoramus who does not understand anything about the features of either the economy or politics in the United States.

[Frank Muller]

I do not understand, in general - what is surprising here? A normal process within the framework of state capitalism: if you want to preserve capitalist relations in the state, do not hesitate to interfere in the affairs of private capital and in the affairs of banks. A good initiative was made by "Rooseveltyaev" back in the thirties, only for some reason many began to forget about this. If they remembered at all (with education, in terms of political economy, Rus' has always been tense).

[Chem1st]

It just means what the classics vaguely guessed: political economy is a myth, the conceptual apparatus is extremely blurred, there are no clear laws, and economics is not a science. One of the bases of the state turned out to be a fake. As a result, the existing world order is inevitable and will collapse with a hellish roar. Few make it out of the rubble...

Cho-ta beer is strong ...

[alekseykabanets]

Quote from Chem1st

Cho-ta beer is strong ...

No no, strong beer is from the evil one.)))

[Arman Bakhtikyan]

The Swiss dream is collapsing ... they will live like everyone else

[vovochkarzhevsky]

Why be surprised? Everything goes on as usual. The whole essence of capitalism boils down to the formula:
money - goods - money
And it is clear that the natural desire of every capitalist is to get as much money as possible. Wherein product the most troublesome part. Production, quality, demand and so on, it's such a headache. Therefore, ideally, they tend to abandon this very product altogether. For example, working with the formulas:
money - currency speculation - money
or
money - credit - money
As a milder option, the transfer of production to third countries to reduce its cost, or focus on trade in foreign goods.
And the fact that the situation is driven to the point of absurdity is of no interest to capitalism. It parasitizes commodity production and kills it. Actually, inflation is a consequence of the withering away of commodity production.
And yes, if someone thinks that Russia has a different capitalism, then he is very much mistaken.

[storm]

And in Russia, they forgot how several times they poured hundreds of billions of budget money into private commercial banks?
When will these funds return to the budget and go to education, medicine, culture and science?

[shark507]

it is difficult to call capitalism a situation when the state allocates its own funds to “rescue” private banks

And what is wrong? Under capitalism, the capitalists are the ruling class and the budget is their pocket.

[Yaroslav Tekkel]

Uh... Did an author from the 19th century teleport? After 1929 in the US and the collapse of the Kredit-Anstalt in Europe in 1931 (from which Nazism eventually grew), nobody in their right mind relies on self-regulation. The aphorism too big to fail was not born yesterday.

[Mikhail Krivopalov]

And we have the type of power is not capitalist? And private banks and enterprises from the state budget money is not issued? We recall how money was allocated to save the Cypriot banking system in order to save the money of "effective private owners" pumped out of Russia.

[Jonny_Su]

Michael is talking nonsense. There have always been such industries / companies that received support from the state during a crisis (even the term is too big to fail - too big to sink). Known since the 70s for memory - Chrysler (and Lee Iacocca still complained that before him many people receive subsidies, but they don’t want to give the auto industry) and the WB coal industry, which was dispersed by M. Thatcher. The practice is as follows: subsidies are usually repayable and paid (as in the case of Chrysler) and are based on a restructuring plan. Otherwise, the industry is closed (like coal in the World Bank).
Think about how much energy people have spent searching for the "crisis of capitalism that is no longer the same" since the 70s. Leontiev is simply rehashing the old song.

[Batting]

Dear non-indifferent! Here it is necessary to dig even deeper, to the time of Christ! The basis of the health of the society of people is the maximum adherence to the commandments of God. And the Lord did not cancel the punishment for mortal sins. Unconventional morality and high-tech sins will create big upheavals. Even on the free market

[Illanatol]

That is, the Western world has entered a new era, when, in addition to the imposed "non-traditional" values ​​in society, culture and religion, it now adds non-traditional values ​​for capitalism. A complete revolution, after which what?.. Expropriation of the expropriators?

The Western world entered the era of "gay capitalism" during the Great Depression, however.
This is called "imperialism".

Classical capitalism is long dead and its corpse has long since rotted away.

[Krivobokoff]

And what is unconventional about the privatization of profits and the nationalization of losses?