Thread: Dialectical Materialism Against Imperialism: A Unified Critique of Capitalism’s False Scarcity, the Limits of Monetary Reform, and China’s Path 🧵 
1/15
Capitalism’s most insidious lie is the myth of the "fixed pie"—the idea that wealth is finite and workers demanding more would destabilize the economy. This zero-sum narrative justifies exploitation while obscuring the reality of systematic theft.
Capitalism’s most insidious lie is the myth of the "fixed pie"—the idea that wealth is finite and workers demanding more would destabilize the economy. This zero-sum narrative justifies exploitation while obscuring the reality of systematic theft.
2/15
The truth? Scarcity is manufactured. In the U.S., $50 billion is stolen from workers annually through wage theft alone. Meanwhile, the Democratic Republic of Congo has been looted of $24 trillion in mineral wealth since 1885. The resources exist—they’re hoarded.
The truth? Scarcity is manufactured. In the U.S., $50 billion is stolen from workers annually through wage theft alone. Meanwhile, the Democratic Republic of Congo has been looted of $24 trillion in mineral wealth since 1885. The resources exist—they’re hoarded.
3/15
History disproves capitalism’s scarcity myth. The USSR’s industrialization (1928-1941) grew its economy fivefold during the Great Depression. China’s revolution ended centuries of famine through land reform—despite U.S. embargoes. Socialist planning unlocks abundance.
History disproves capitalism’s scarcity myth. The USSR’s industrialization (1928-1941) grew its economy fivefold during the Great Depression. China’s revolution ended centuries of famine through land reform—despite U.S. embargoes. Socialist planning unlocks abundance.
4/15
Modern Monetary Theory (MMT) accidentally reveals a truth: money is political, not neutral. But liberal proponents ignore that under imperialism, monetary policy serves violence. The Fed prints trillions for banks and wars while denying healthcare as "unaffordable."
Modern Monetary Theory (MMT) accidentally reveals a truth: money is political, not neutral. But liberal proponents ignore that under imperialism, monetary policy serves violence. The Fed prints trillions for banks and wars while denying healthcare as "unaffordable."
5/15
The petrodollar system proves this. Libya was bombed for proposing a gold-backed African currency. Iraq was invaded after switching oil sales to euros. "Monetary policy" under empire is a gun to the Global South’s head—not a technical debate.
The petrodollar system proves this. Libya was bombed for proposing a gold-backed African currency. Iraq was invaded after switching oil sales to euros. "Monetary policy" under empire is a gun to the Global South’s head—not a technical debate.
6/15
Land Value Tax (LVT) advocates miss the point. Britain’s 1909 LVT failed to halt colonialism. Australia’s modern version hasn’t stopped rents from soaring 40%. Taxes don’t abolish landlordism—they legitimize it. Expropriation is the only solution.
Land Value Tax (LVT) advocates miss the point. Britain’s 1909 LVT failed to halt colonialism. Australia’s modern version hasn’t stopped rents from soaring 40%. Taxes don’t abolish landlordism—they legitimize it. Expropriation is the only solution.
7/15
China’s 1949 revolution shows how. By executing parasitic landlords and redistributing land to peasants, it created decades of housing stability impossible under capitalism. Cuba’s nationalized healthcare outperforms the U.S. at a tenth the cost. Revolution works.
China’s 1949 revolution shows how. By executing parasitic landlords and redistributing land to peasants, it created decades of housing stability impossible under capitalism. Cuba’s nationalized healthcare outperforms the U.S. at a tenth the cost. Revolution works.
8/15
China today dismantles both zero-sum dogma and MMT reformism. With 70% of its economy under state/collective control, it avoids Wall Street’s speculative bubbles. Yuan trade deals erode dollar hegemony. This is anti-imperialist economics in action.
China today dismantles both zero-sum dogma and MMT reformism. With 70% of its economy under state/collective control, it avoids Wall Street’s speculative bubbles. Yuan trade deals erode dollar hegemony. This is anti-imperialist economics in action.
9/15
The lesson? Anti-imperialism requires asymmetric warfare. China’s rare earth export bans stall U.S. weapons production. Its African infrastructure projects build railways, not military bases. Development, not extraction, weakens empire.
The lesson? Anti-imperialism requires asymmetric warfare. China’s rare earth export bans stall U.S. weapons production. Its African infrastructure projects build railways, not military bases. Development, not extraction, weakens empire.
10/15
Liberals who dream of "fixing" capitalism through MMT or LVT are redecorating a burning house. As Mao warned, there is no construction without destruction. The bakery isn’t empty—it’s occupied by armed guards.
Liberals who dream of "fixing" capitalism through MMT or LVT are redecorating a burning house. As Mao warned, there is no construction without destruction. The bakery isn’t empty—it’s occupied by armed guards.
11/15
The path forward is clear: expose artificial scarcity, organize to seize banks and land, and study China’s playbook while purging capitalist roaders. The pie is unlimited—the bakers are just locked out.
The path forward is clear: expose artificial scarcity, organize to seize banks and land, and study China’s playbook while purging capitalist roaders. The pie is unlimited—the bakers are just locked out.
12/15
For deeper study: Marx’s analysis of fictitious capital (Capital Vol. 3), Mao’s writings on self-reliance, and Jason Hickel’s documentation of imperialist theft (The Divide) are essential. But books alone won’t change the world.
For deeper study: Marx’s analysis of fictitious capital (Capital Vol. 3), Mao’s writings on self-reliance, and Jason Hickel’s documentation of imperialist theft (The Divide) are essential. But books alone won’t change the world.
13/15
This isn’t theory. It’s class war. 600,000 sleep homeless in the U.S. while 16 million homes sit vacant. Three million face eviction yearly. The crisis is our classroom; the revolution, our final exam.
This isn’t theory. It’s class war. 600,000 sleep homeless in the U.S. while 16 million homes sit vacant. Three million face eviction yearly. The crisis is our classroom; the revolution, our final exam.
14/15
Share this thread if you’re done with crumbs. The next step? Find your local tenant union. The ovens are waiting.
Share this thread if you’re done with crumbs. The next step? Find your local tenant union. The ovens are waiting.
15/15
Follow me for more threads dissecting capitalist myths. Solidarity to all fighting for a world where the bakery belongs to those who bake the bread. #PeoplesEconomy
Follow me for more threads dissecting capitalist myths. Solidarity to all fighting for a world where the bakery belongs to those who bake the bread. #PeoplesEconomy
Want receipts?
-Imperialist theft: @jasonhickel’s The Divide
-China’s model: Lin Chun’s China and Global Capitalism
-Imperialist theft: @jasonhickel’s The Divide
-China’s model: Lin Chun’s China and Global Capitalism
Read on Substack:
https://x.com/420GHz/status/1944227786144497848
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