this post was submitted on 20 Sep 2024
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Socialism

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[โ€“] [email protected] 0 points 3 months ago* (last edited 3 months ago) (1 children)

Thanks for the numbers, state owned share is a really good sign.

On the other hand, the primary goal of the state owned enterprise is to provide social value.

Interesting. I guess even if that wasn't the goal, the money sort of "has to" actually trickle down. Like even if functionaries siphon off some wealth or it's spend on stupid project, most of it lands in a pot where it can only be used for... investments or useful things. Even if their goals were nationalistic instead of socialistic. It has nowhere else to go and can't go off to foreign investors or into some tax haven or just be used for speculative financial games.

[โ€“] [email protected] 0 points 3 months ago

Exactly, state owned enterprise doesn't result in capital accumulation which is one of the cardinal problems with capitalism.