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Comment by dauertewigkeit | Hacker News Reader

I've been saying this since before Yanis was even a Greek MP. It's just so damn ironic that capitalism and free markets ended up building these huge corporations which are essentially planned economies at nation state scale.

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Well, he'd know being part of the system. Here is his WEF page. That door opens from the inside.

https://www.weforum.org/stories/authors/yanis-varoufakis/

Except everybody in the cabinaet disliked him.

https://www.politico.eu/article/alexis-tapis-yanis-varoufaki...

It's only ironic if you don't understand that all of this is the logical endpoint of any capitalist economy. Accumulation of capital is the name of the game, and capital is power. At some point, the largest actors inevitably become untouchable. There can be no free market, they will always devolve into this plutocracy.

Yes. As someone who has grown up in a country occupied by communists and who knows how much worse is that than anything that can be imagined by someone without firsthand experience, I can say that the claim which was frequent in Western propaganda that communism is something opposed to capitalism is completely false.

There is a great difference between theoretical communism and practical communism. Theoretical communism was just a bunch of lies without any relationship to the practical communism that was implemented in any of the countries claiming to attempt to realize a communist society.

On the other hand, practical communism has been everywhere something not opposite to capitalism, but something equivalent with the final stage of unregulated capitalism, where the big monopolies have won in every market, leaving no alternatives.

During the last 25 years I have been dismayed to watch every year how the Western societies become more and more alike to the communist societies that they had criticized vigorously a half of century ago.

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