this post was submitted on 17 Jan 2026
-14 points (30.6% liked)
Late Stage Capitalism
2922 readers
1576 users here now
A place for for news, discussion, memes, and links criticizing capitalism and advancing viewpoints that challenge liberal capitalist ideology. That means any support for any liberal capitalist political party (like the Democrats) is strictly prohibited.
A zero-tolerance policy for bigotry of any kind. Failure to respect this will result in a ban.
RULES:
1 Understand the left starts at anti-capitalism.
2 No Trolling
3 No capitalist apologia, anti-socialism, or liberalism, liberalism is in direct conflict with the left. Support for capitalism or for the parties or ideologies that uphold it are not welcome or tolerated.
4 No imperialism, conservatism, reactionism or Zionism, lessor evil rhetoric. Dismissing 3rd party votes or 'wasted votes on 3rd party' is lessor evil rhetoric.
5 No bigotry, no racism, sexism, antisemitism, homophobia, transphobia, ableism, or any type of prejudice.
6 Be civil in comments and no accusations of being a bot, 'paid by Putin,' Tankie, etc. This includes instance shaming.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I think Marxism is an historically important theoretical framework, and a useful method of analysis, but I don't think Marxian theory alone is comprehensive enough to be the ideological foundation for a large, complex, post-industrial society.
I will concede that the socioeconomic/sociopolitical system devised by the Communist Party of China has worked remarkably well overall at achieving the rapid economic development of their country (although I don't know if that would be considered MLism, it seems distinct from that, although I don't know what it would be called). However, I think the Chinese system is much more suited to economically developing nations. I don't know if it's the best model for an advanced economy like the United States, although, again I don't necessarily know what is. It's possible that system hasn't been developed yet.
I also think the Chinese model is better suited to nations that are very ethnically and culturally homogeneous. In a very ethnically and culturally diverse country like the US, I think the Chinese model would be much more difficult to achieve and maintain.
Regardless of what it's called, all socialism is early stage communism which includes the Chinese version called Socialism with Chinese characteristics, which is founded on Marxism.