
In Financial Capitalism most of the innovative ventures are done for robbing money. In Socialist China, DeepSeek R1 took investment of US $ 0.5 per mn tokens. For producing same Financial Capitalist society's USA's OpenAI O1 took US $ 15.00 per mn tokens. Financial Capitalist USA innovates same thing as Socialist China with 30 times more investment cost. This huge difference shows Financial Capitalist New Industrial Ventures are mostly money laundering through share market by raising share prices. Most of the investment taken through share market are used for fat salaries to CEOs, CFOs, etc. and very meagre amount goes to create the actual product.
This is The Greatest Victory of Socialism over Capitalism. For the 1st time in history, Socialism is proving to finance New Industrial Ventures more efficiently than Financial Capitalism. USSR already proved Socialism's superiority in Socialization of Production in Workplace and China since 1980s have been proving superiority of Socialization of Production in Market as well. Now Socialist superiority in financing New Industrial Ventures is proved as well.
Moreover, even under severe restrictions on AI chip import from USA, DeepSeek R1 beat US companies like OpenAI, Google, MicroSoft, Meta through algorythm optimization. DeepSeek is not only easy to use but also made Open Source which has hollowed out billlions of US Dollar investments by US AI companies.
In the article "Plunder Capital, Merchant Capital, Productive Capital and Speculative Capital" ( https://www.eastisrising.in/view-news/306 ) I wrote: However, when there is free flow of speculative capital, innovative ventures benefit partly because the innovative ventures receive a part of speculative capital investment. However, very little of the loans go to innovative enterprises, and most of them go to shares or stocks of established enterprises or to land, metal, etc.
Now the only positive part of Financial Capital is eclipsed by Socialism.
Author: Saikat Bhattacharya