Sovereign Praxis: Difference between revisions

     <span style="position:relative;top:5px;"> A:</span><span style="position:relative;top:5px;color:lime;"> Good question. Without qualification and in the domain of concepts, by 'small c' capitalism I mean a transformation that occurs in human industry where the production becomes for exchange value primarily and only secondarily for the good produced. As a social phenomenon a qualifying term is required, e.g. Early Capitalism, State capitalism, Philosophical capitalism (e.g. Anarcho-, Objectivism, ...), etc. In ordinary discourse in most countries, Rentier Capitalism (RC) in sole or shared command (typically with a clerisy or bourgeois representative system) of the economic heights is implicitly what is referred to, the current reigning moeity with State Cap very abley represented by China. I don't in general say RC or the whole noun phrase, unless to make a distinction clear, it can be assumed. RC is the distinctive form based on wage labour, the joint stock firm, and the state and other institutions that serve it as a class conspiracy usurping social production for its private gain. Under State Cap the only difference is that Capital does not command the heights, it is rather commanded by them, albeit only indirectly after the earlier debacles.<br>