this post was submitted on 06 Mar 2025
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cross-posted from: https://lemmy.ml/post/26817410

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[–] Cowbee@lemmy.ml 1 points 1 day ago (1 children)

I think it does. Capitalism at a higher stage is still Capitalism, even if some of the characteristics change.

[–] RememberTheApollo_@lemmy.world 0 points 1 day ago* (last edited 1 day ago) (1 children)

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@lemmy.ml 2 points 20 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.