The Socialist Program with Brian Becker cover image

The Big Business of War & Ukraine’s Neocolonial Future w/ Ben Norton

The Socialist Program with Brian Becker

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The Russian Economy Is Not a Socialist Economy, Right?

The Russian economy is not a carbon copy of the Western neoliberal economies. In Russia, a significant part of the banking sector is state-owned. One of the biggest banks is a state-owned bank. So it's not socialism because the state control is not being done on behalf of the working class. But we're seeing a return toward more protectionist policies and mercantilist policies.

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