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State capitalism

"Nooooooo it wasn't real communism it was state capitalism"
by dank me me me October 6, 2020
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State capitalism

An economic system where the state owns the means of production
It is a subject of debate whether state capitalism was the system of the Soviet Union and China, however I would argue that they were both state socialist (something that originated from these places)
by Donna tramp February 10, 2021
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State CAPITALAKFRUBEILOWHITE

A Bemmimgfilm by lbj as in Lonnie Benningfield junior LBJAY MARCH 10th 19eightynine.
I invented and made and created state capitalakfrubeilowhite by lbj as in Lonnie Benningfield junior LBJAY MARCH 10th 19eightynine.
by Lonnie Benningfield juniorshaq December 3, 2025
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State capitalakfrucun

Black state capital a Bemmimgfilm by lbj as in Lonnie Benningfield junior LBJAY MARCH 10th 19eightynine.
I invented and made and created state capitalakfrucuns by lbj as in Lonnie Benningfield junior LBJAY MARCH 10th 19eightynine.
by Lonnie Benningfield juniorshaq December 7, 2025
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The established, institutionalized set of beliefs that define mainstream understanding of contemporary capitalism—the often-unexamined assumptions about how the current economic system works and what's possible within it. Late-stage capitalist orthodoxy includes commitments that go beyond classical capitalism: that financialization is natural, that gig work is the future, that austerity is necessary, that debt is inevitable, that privatization is always efficient, that global supply chains are optimal, that technological disruption is progress, and that there is no alternative to the current configuration of capital. It naturalizes features of contemporary capitalism that are actually historically specific—making precarious work, financial dominance, and corporate power seem like simply "how things are." Late-stage capitalist orthodoxy functions to foreclose imagination of alternatives, treating the current moment as the end of history and any deviation as naive or dangerous.
Example: "He accepted gig work, stagnant wages, and crumbling public services as just 'the way things are'—not because he'd thought about alternatives, but because late-stage capitalist orthodoxy had made precarity seem like common sense. The orthodoxy's power is making contingency feel like necessity."
by Dumu The Void March 17, 2026
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The explicit defense of the extreme, often absurd, harms endemic to the decaying phase of capitalism—such as rampant financialization, platform monopolies, climate collapse, and existential precarity—as not only necessary but as signs of a thriving, innovative system. It frames unprecedented levels of inequality, burnout, and societal dysfunction as the exciting, if turbulent, frontier of human progress, where victims are merely those who failed to adapt to a new, faster world they should be grateful for.
Justification against Victims of Late-Stage Capitalism Example: A tech billionaire arguing that the mental health crisis and loneliness epidemic fueled by social media algorithms are "the price of global connection and democratized information," and that those suffering from addiction or misinformation "need to develop better digital literacy." This justification reframes the systemic pathologies of attention economics as a grand, neutral evolution, blaming users for its human costs.
by Abzugal February 8, 2026
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The cognitive process of explaining the system's deepening failures through a lens of hyper-complexity and inevitability, using concepts like "digital disruption," "the Fourth Industrial Revolution," or "market logic 2.0." It rationalizes surreal outcomes—like billionaires funding space tourism while homelessness surges—as natural results of unstoppable technological and economic forces, not political choices. The suffering is framed as an unfortunate byproduct of a transition too complex to steer.
Rationalization against Victims of Late-Stage Capitalism Example: An economist stating, "While wealth concentration appears extreme, it reflects the supernormal returns of intangible assets and network effects in a digital era. Redistributive policies might inadvertently stifle the innovation driving this new paradigm." This rationalization uses jargon ("intangible assets," "network effects") to portray a political choice—tolerating extreme inequality—as a sophisticated understanding of an inevitable new economic law.
by Abzugal February 8, 2026
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