• Cowbee [he/they]@lemmy.ml
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    1 day ago

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

    • RememberTheApollo_@lemmy.world
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      1 day ago

      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 [he/they]@lemmy.ml
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        22 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.