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After Russia reverts to centrally planned and state driven economy, all of a sudden economic growth in Russia is beating the west. (www.telegraph.co.uk)

submitted 9 months ago by [email protected] to c/[email protected]

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[–] [email protected] 1 points 9 months ago* (last edited 9 months ago) (1 children)

I think i generally agree with that take. One small correction though:

to attack industrial capital [...] like the real estate thing

I don't think real estate counts as industrial capital, from my understanding it falls under the FIRE (finance, insurance, real estate) category of parasitic capital.

[–] [email protected] 1 points 9 months ago

No, i mean the people building houses stupidly by taking out loans and paying them off with construction that would be delayed.