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New-Work-139 t1_iqrzmq4 wrote

Reply to comment by Gayasskat in What do people on this sub think about the Maine Communist Party by [deleted]

That wasn’t capitalism though. The country was literally half owned by a company (the East India company). That is not capitalism, it was colonial corporatism. It’s a completely different system of political economics. There was little to no competition and all corporate enterprises were state funded and subsidized. Same thing in Ireland.

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Kiddie_Kleen t1_iqsaplx wrote

Oh here we go with the “that’s not true capitalism it’s corporatism” that be like me saying “that’s not true communism that’s socialism” when talking about the USSR

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New-Work-139 t1_iqsb8m3 wrote

I can understand how it might be misleading as the words sound similar, but corporatism is deeply anti-capitalist and on the whole just as much so as is socialism. So, I’m sorry, but your comparison is really a poor one and I’d encourage you to read up on the differences as you might find it changes your political persuasions.

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