Let’s see how this plays out lmao

  • xiaohongshu [none/use name]@hexbear.net
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    4 days ago

    Russia’s finance capital is actively impeding Putin’s effort for implementing import substitution and self-sufficiency. Their central bank follows IMF orders and uses high interest rates (20%) to kill off the government subsidies for re-industrialization.

    If anything, Russia is imperialist in the sense that it is helping to advance American imperialism lol.

    Any discussion about imperialism that doesn’t include an analysis on the expansion of finance capitalism is just vibes-based and not rooted in Lenin’s theory on imperialism.