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Is Capitalism Dying from Coronavirus
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It's interesting that in Imperial Germany, Bismarck introduced age-pensions, unemployment benefits (and I think widows' pensions too), etc., back in the 1880s or so. I don't recall Marx extolling Bismarck as some sort of socialist, rather as a Junker-capitalist who, if anything, Marx feared for his welfare-oriented policies.
Welfare and social relief are not necessarily the exclusive initiatives of Red Communists. Nor, on reflection, are fascist repressions the exclusive province of the Rabid Right. I'm more and more drawn to Hayek's Triangle of Socialism, Fascism and Democracy and their various associations.
And did Bismarck's innovations impede capitalist development in Germany ? I think not. Nor did Ford's setting-up of machine industries in Stalin's Russia of the twenties necessarily impede Stalin's version of socialism. Well, of course, nor was Stalin's version of socialism necessarily socialism, no matter how many Gulags he had set up or how many millions he had 'subtracted'.
I was named after Stalin, but if I had lived in the Soviet Union any time between 1917 and 1989, I don't think I would have survived the twenties. If I had lived that long.
Joe