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"The Marxists understand by dictatorship of the proletariat the dictatorship of a Marxist party executive on which they bestow the power of government even over the councils, the right to make law, to levy taxes, and to every form of representation of the revolution, up to declarations of war and treaties with foreign state governments. Supposedly this party clique is to be allowed to ensconce itself as the ruling power only until the complete implementation of socialism.
Since, however, every centralist state power means state, consequently forced advancement of authority, special status for the privileged, assault on equality, thus is such dictatorship nothing other than the clearing of a new path for an oppressing class, for new exploitation and for all the damages removed by revolution.
The implementation of socialism can thus under such an allegedly proletarian dictatorship never be achieved, and the new power will never abdicate until chased off by a new revolution in favor of the councils."
— Eric Mühsam, The Liberation of Society from the State: What is Communist Anarchism?
"The Marxists understand by dictatorship of the proletariat the dictatorship of a Marxist party executive on which they bestow the power of government even over the councils, the right to make law, to levy taxes, and to every form of representation of the revolution, up to declarations of war and treaties with foreign state governments. Supposedly this party clique is to be allowed to ensconce itself as the ruling power only until the complete implementation of socialism.
Since, however, every centralist state power means state, consequently forced advancement of authority, special status for the privileged, assault on equality, thus is such dictatorship nothing other than the clearing of a new path for an oppressing class, for new exploitation and for all the damages removed by revolution.
The implementation of socialism can thus under such an allegedly proletarian dictatorship never be achieved, and the new power will never abdicate until chased off by a new revolution in favor of the councils."
— Eric Mühsam, The Liberation of Society from the State: What is Communist Anarchism?
BY ACAB includes Tankies
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That hurt tech stocks. For the past few weeks, the 10-year yield has traded between 1.72% and 2%, as traders moved into the bond for safety when Russia headlines were ugly—and out of it when headlines improved. Now, the yield is touching its pandemic-era high. If the yield breaks above that level, that could signal that it’s on a sustainable path higher. Higher long-dated bond yields make future profits less valuable—and many tech companies are valued on the basis of profits forecast for many years in the future. Perpetrators of these scams will create a public group on Telegram to promote these investment packages that are usually accompanied by fake testimonies and sometimes advertised as being Shariah-compliant. Interested investors will be asked to directly message the representatives to begin investing in the various investment packages offered. It is unclear who runs the account, although Russia's official Ministry of Foreign Affairs Twitter account promoted the Telegram channel on Saturday and claimed it was operated by "a group of experts & journalists." The picture was mixed overseas. Hong Kong’s Hang Seng Index fell 1.6%, under pressure from U.S. regulatory scrutiny on New York-listed Chinese companies. Stocks were more buoyant in Europe, where Frankfurt’s DAX surged 1.4%. Stocks dropped on Friday afternoon, as gains made earlier in the day on hopes for diplomatic progress between Russia and Ukraine turned to losses. Technology stocks were hit particularly hard by higher bond yields.
from br
