lolbertarians are some of the dumbest people on earth.
okay, let’s say it is “crony capitalism run by the state” (he doesn’t mean state capitalism, he doesn’t know what that means)
what else can capitalism become, especially without extremely strict regulation and wealth/income caps- all things these people are against? and to the extent that the state has its hand in the economy, is it not ONLY to benefit corporations? they’re not regulating these companies or anything to any meaningful degree. so if the government is bad because they only serve big business, even in their own completely nonsensical analysis, doesnt that still make capitalism the problem?
I have read Lenin, and yes it’s a bit more complicated since he does talk about financial imperialism but not in the same way things have developed post war. Also this is Jameson, in the introduction, describing his choice of “late.”
And Mandel on “late”:
Neither of these convey the idea that this is the last stage or a terminal stage, just another, most recent stage. And indeed Mandel does try and claim late capitalism is different than the imperialism described by Lenin, writing