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What a sad, unimaginative conclusion.
What the fuck do you think a communist party would do if they gained power in a developed capitalist nation? It’s literally the most straight forward mechanism for draining their wealth.
What the fuck do you think a communist party would do if they gained power in a developed capitalist nation?
Expropriation and the seizure of wealth through force. You can’t tax your way into a proletarian state.
Or do you think the bourgeoise will give up their wealth and power voluntarily?
Do you really think the old economic institutions would disappear literally overnight if a revolution happened? That’s not how it works.
Direct expropriation is fine eventually but the first course of action would probably be to just raise the taxes to the point where it’s effectively expropriation.
The physical assets of the bourgeoisie would be taken by the revolutionary state and collectivized and there would be some kind of tansition to a new currency and obviously the stock market and other means of investment would be dismantled. I have no idea how long that would take exactly. But meanwhile, if they can be taxed, their bank accounts can be emptied just as easily. And they would be. Calling that a tax is really stretching the definition of tax. Taxes are for everyone else.
And this is all assuming they aren’t parodied or forced to flee during or shortly after the revolution.
But anyway, that’s clearly not what the band is talking about. “Tax the rich” means change the current state’s system of taxation to a more progressive one, which is radlib shit, in contrast with the other cool shit they’re talking about. They need to expand their imaginations.
