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
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
they certainly are fighting for their existence. but part of the existence they are fighting for is their status as an imperial power. their ability to partake in imperialism has definitely been diminished by the recent sanctions, but they still hold on to imperialist practices. check their foreign investments. they have certainly been forcibly divested from the western sphere of influence, but they have responded by increasing investments in wealthy eastern countries and the eastern global south
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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
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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
The values there seem to be from before the war? They were investing mostly in the Cayman Islands (lol), and my guess is that that money has either been withdrawn or stolen at this point, although I honestly don’t know.
there are enough values updated during the war to draw some conclusions. yeah, the money moves around so much its impossible to know the extent of how this affects Russian capitalists. this recent hit to Russian capital is great tho, increases the chance of revolution to take hold there