https://lemmy.blahaj.zone/comment/2135509
this is practically a child’s view of the world. good guy vs bad guy. Russia = bad, NATO = good. plus, someone should tell her she has it completely backwards: ending russia is kinda natos entire thing
this post was submitted on 19 Aug 2023
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great comment and very solid points! i concede that calling Russia imperialist is arguable, but as western hegemony has been faltering in the past couple decades, Russian capitalists have picked up a lot of slack (see their relationship with Syria and Turkey; its hard to argue that their support goes beyond expanding the foreign interests of Russian capitalists). and surely you see the problem with comparing foreign investment of Russia vs China. Russian investments are privately held and aim to produce profit. investments from China are a mix of public and private, and they are demonstrably focused on mutual prosperity
Can you provide sources? The share of SOE in Russia in terms of market cap and % of GDP are variously estimated at ~30%, which is already higher than most countries and only comparatively lower than China’s.
Having said that, yes there is a lot of corruption in SOEs and that includes in both Russia and China.
sorry, i was talking to family. this is a great discussion tho!
SOEs is another topic. it’s a good sign that Russia still has plenty of these, but the state is still under the control of capitalists. and as a capitalist state Russian foreign investment is in practice imperialism via unequal exchange. Russian private foreign direct investment was worth $385 billion in Q2 of 2020. while the Russia’s sovereign wealth fund is valued at $10 billion
additionally, as a bourgeois state, Russian “public” foreign investments operate to carry out the will of Russian capitalists
of course these pale in comparison to amerika’s private FDI of over $5 trillion! there is no doubt the west’s empire is a greater threat to the workers of the world than Russia. and thats why i maintain critical support of Russia