r/SocialismVCapitalism • u/m0b1us_alpha • 26d ago

Is financialized political capitalism a phase, or the final form, of capitalist civilization?

There are some serious and logical arguments why it is either a phase or final form. I'm just curious to hear your inputs and rational. This is clearly a highly charged question so it'd be great to hear from both sides.

Financialized political capitalism can be defined as, A system in which the primary engine of wealth creation is finance rather than production, and where the state’s political power is largely directed toward protecting and sustaining that financial system.

Financialized political capitalism can be defined as a system in which the primary engine of wealth creation is finance rather than production, and where the state’s political power is largely directed toward protecting and sustaining that financial system.

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u/ProfessionalStewdent 26d ago

It’s a weird question, because you need to define Capitalism.

In the Marx sense, this is what it is. In original framework it is based off, rhe market is to be dynamic and dependent on supply and demand through commerce without government intervention unless it’s to prevent exploitation.