- Capitalism and Alternatives -

Wee Correction.

Posted by: Red Deathy ( Socialist Party, Uk ) on May 22, 1999 at 15:57:37:

In Reply to: the US hasn't been laissez-faire in any regard posted by Ludwig von Mises on May 22, 1999 at 00:50:22:

: Oh, yeah, I forgot that Lenin, who has a communist philosophy named after him, was a capitalist.

Doesn't matterwhat Lenin was, Russia was a State Capitalist system- actually, in 1921 Lenin said Capitalism would be a step forwards for Russia. The Bolsheviks may have called themselves a communist party (They never called Russia anything other than Socialist actually, and that was wrong), but teh system they presided ovr was state capitalist.

: No, the US hasn't been laissez-faire in any regard in this century.

Hmmm turn of the century it was, and it tends towards being as Laissez faire as you can sensibly get, though the American economy did bare startling resemblances to the USSR's. More Similar than you'd think.

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