this post was submitted on 15 Mar 2025
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In a nutshell socialism (at least the early stages) is state capitalism at the service of the proleteriat (Lenin), for more reading:
https://x.com/RodericDay/status/1247950065165111296
Hope that helps.
(If Giddaffi's Lybia was going to engage in scientific socialism in governance it would sooner or later would have to become marxist-leninist. Marxist-Leninism is the science of economic development; in the same way "Einsteinian physics" is just physics, we only have to put a qualifier because mainstream Western economics (which currently hold the most powerful cultural hegemony, though that is slowly ebbing away) is pseudo-scientific. If a Gaddafi's Libya did not make that hypothetical turn then it would have remained under the spell of capital and the bourgoisie: https://redsails.org/why-marxism/)