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Out-Capitalizing the Capitalists: China’s Success Strategy and Lessons For the Latin American Left

by Bruce Lerro / Capitalist News Interpreted / 17 Oct 2017

Ironically, the success of China – a former communist country – is an ideal textbook case of how capitalist apologists claim that capitalism develops. You invest in infrastructure, save profits, reinvest in more products and infrastructure, innovate and learn from your mistakes.
On the contrary the Latin American countries didn’t enact one of Marx’s most basic principles: develop the productive forces.
Image from Financial Review

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About The Author

Bruce

Bruce Lerro has taught for 25 years as an adjunct college professor of psychology at Golden Gate University, Dominican University and Diablo Valley College. He has applied a Vygotskian socio-historical perspective to his four books: From Earth-Spirits to Sky-Gods: the Socio-ecological Origins of Monotheism, Individualism and Hyper-Abstract Reasoning Power in Eden: The Emergence of Gender Hierarchies in the Ancient World Co-Authored with Christopher Chase-Dunn Social Change: Globalization from the Stone Age to the Present and Lucifer's Labyrinth: Individualism, Hyper-Abstract Thinking and the Process of Becoming Civilized He is also a representational artist specializing in pen-and-ink drawings. Bruce is a libertarian communist and lives in Olympia WA.

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