• Cowbee [he/they]@lemmy.ml
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    1 day ago

    The US is at a much higher and more developed form of Capitalism, also called “late-stage” Capitalism. This is a part of Capitalist development.

        • RememberTheApollo_@lemmy.world
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          1 day ago

          Does being a mafia state and an oligarchy under an authoritarian still qualify as capitalist?

          This is what I asked. Your answer has absolutely nothing to do with whether Russia is still capitalist despite being a fully captured authoritarian/oligarchy/kleptocracy.

          • Cowbee [he/they]@lemmy.ml
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            21 hours ago

            Russia is a Capitalist country, quite similar to the US in that regard. The fact that few people own the most doesn’t mean it isn’t a Capitalist economy driven by private ownership.