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WHY WILL THIS CREATE FASCISTS?
The squeeze of GME and other short-sold positions is a kind of mass economic warfare being perpetuated by the petit-bourgeoisie and labor aristocracy. The lead investor at WSB invested $50,000 at the start of the GME squeeze. These are by and large
The squeeze of GME and other short-sold positions is a kind of mass economic warfare being perpetuated by the petit-bourgeoisie and labor aristocracy. The lead investor at WSB invested $50,000 at the start of the GME squeeze. These are by and large
young men in the petit-bourgeois stratum gambling with spare money. A brief skim through the subreddit indicates that many are posters in other financial subreddits as well; there are some doctors, lawyers, and other obviously p-b strata as well as the children of petit bourgeois
or labor aristocrats. Their "opposition" to the big bourgeoisie is completely aspirational; they don't oppose the existence of these power brokers, but rather wish to join their ranks. However, as the rate of profit has fallen, fewer and fewer of the upper ranks of the
petit-bourgeoisie have been able to rise into the haute bourgeois class. This has made these higher petit-bourgeois restive and angry. They are not going to be radicalized to socialism by this blatant power play by the big bourgeoisie. They are turning, even now, into fascists.
Their subreddit resounds with the proto-fascist discussions of third positionism - "neither left nor right, but all against the middle" - which will soon join with the underground fascists retreating from their mostly-successful Capitol Riots. They are laying plans to break the
"rigged crony-capital system." How long before they equate that rigging with Jewish financiers? How long before they are open fascists, instead of proto-fascists? Not long. The mistakes of Citadel and the SEC are playing into the hands of the right haute-bourgeoisie.
You see, the aims of the petit-bourgeois strata that has been locked out of competition are not the same as the aims of the proletarian masses yearning for freedom; the interests of the petit-bourgeois are to open up the ladder to bourgeois success once again
How do they envision this happening? By the return to the worldwide looting of other regions, to the "free market" of the joint-stock company, of the adventure of the Railroad boom, and the Trail of Tears, of the Dutch East India company and the enslavement of millions
They don't put it this way, of course, but when they say "we want free markets!" what they mean is a return not to unregulated capitalism (they hate regulations and controls!) but to a period BEFORE MONOPOLY capitalism, the period of direct accumulation when a young imperial
man of the right skin color and the right capital could go out and make a killing in the colonies. This is why fascism is essentially colonialism, and why there is an inextricable link between the two. But again, as colonialism makes the building blocks of capitalism,
fascism operates on a higher level, with all the old building blocks *already in place.* This gives it an inherently different material character, even if we can see echoes of the old colonial genocides and liquidations
