this post was submitted on 21 Oct 2025
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"Corporate socialism" does not exist. It isn't socialist in any way. What it is is thoroughly capitalist, and is an example of the state under capitalism affirming corporate interests. A closer descriptor would be "state capitalism."
Corporations cannot "trample capitalism itself for more power." The only power corporations hold within capitalism comes from their ability to reproduce on an expanded scale in capital circulation. If corporations trampled on capitalism, they would erase themselves.
What you describe as "anti-liberal," "anti-meritocratic," and "anti-capitalist" is the peak of liberalism and capitalism itself. The late stage capitalism has not transcended capitalism, and is not denoted as "corporate socialism." That's just word salad.
Doesn't matter. All my descriptions match reality. And these are the terms we use to refer to these aspects of reality. Corporate socialism is very real, even if it isn't socialism. Get used to it because it's a fixture of our society.
Nobody in any board room will ever care about that large-scale erasure. They will each act in support of their career and their shareholders' profits. Destroying the environment may ultimately erase all corporations. They don't care. They cannot care. They are an algorithm for increasing profits. Larger ideological values are irrelevant. So-called capitalism (to the extent that it even exists) is a product of all this high-concept greedy animal behavior, not the cause.
The process you define as "corporate socialism" is just regular capitalism. There's no utility in defining it the way you do, that's like calling Tennis "Paddle Soccer" or something even more outlandish. It doesn't meaningfully describe anything.
As for corporations trampling the environment, risking themselves, etc, yes, that's correct. It isn't human greed, though, it's because capitalism as a system selects for higher profits, those best capable of fulfilling their duty to best reproduce on an expanded scale, best chase higher absolute profits as the rate of profit falls. The ideological aspect only applies in affirming cultural hegemony, ie in protecting their right to continue this process of plunder.
In that way, it is thoroughly liberal, as in liberalism is the justification, and is thoroughly capitalist, in that this is the self-defeating stage of capitalism itself. None of this has transcended capitalism, though, it isn't morphing into anything new, until a qualitative leap in property relations happens and public ownership in the hands of the working class becomed the principle aspect of the economy.
The contradictions within capitalism induce its demise, but these contradictions are characteristic of capitalism, and are not beyond or outside it.
There is, to defend liberalism and thus capitalim.
Fair!