What does finance capitalism serve? When look at the progress of original capitalism, when compared to feudalism especially, there were some clear long term benefits. But what has the capitalism of the neoliberal era done?
Doesn’t the existance of the US and UK in the neoliberal era for so many years just mean that we found a way to be fascist while maintaining the liberal-democratic order and bourgeois freedoms?
Or could a modern socialist state wield the teaching of financial capitalism in a progressive manner that can be seized for the benefit of the people without such a socialist state being imperialist or engaging in un-fair or un-equal exchange across borders?
Finance capitalism serves neocolonialism, neoliberalism also serves neocolonialism. Neocolonialism came first. Finance capitalism emerged to solve the coordination problems of neocolonialism. Neoliberalism emerged to solve the ideological problems of both neocolonialism and finance capitalism.