Public Spending Isn’t Socialism

The pandemic has seen capitalist governments pivot towards more spending as a response to economic malaise – but unless it empowers workers, there’s nothing socialist about state intervention.

‘Therefore, we repeat, state ownership and control is not necessarily Socialism—if it were, then the Army, the Navy, the Police, the Judges, the Gaolers, the Informers, and the Hangmen, all would all be Socialist functionaries, as they are State officials—but the ownership by the State of all the land and materials for labour, combined with […]

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