> Clearly definitions are necessary, but "market socialism" is
> no oxymoron although I do note "market communism" may be an
> oxymoron - but this is a different issue.
>
> Market socialism is the only way commuists can overcome
> capitalism as Western capitalist societies dive deeper and
> deeper into crisis and contradictions.
>
> Market socialism is the form of activity Engels forshadowed
> when he described his view of "the course of revolution"
> [Principles of Commuism - Question 18]. How else can
> capitalists be expropriated other than by Engels' two
> techniques - economic competition and compensation?
>
> Market socialism is also necessary for workers to gain the
> practical experience managing an economy. Before communism
> when 'each produces according to their ability, and each
> receives according to their contribution', commodities will
> still be exchanged on a market.
>
> Of course not all products will be commodities, as under
> socialism, public services will still exist and even
> expand. Consequently, under socialism, not all productive
> activity will be subject to market influences. However,
> under socialism, the only way the value of a commodity can
> be finally determined is if its "socially" necessary labour
> can be realised. This social function of determining
> socially necessary labour, is essentially a market
> function.
>
> The whole interplay between socially necessary labour,
> commodities and exchange value, and the transformation of
> values into prices - are market issues. This is the core
> argument of Capital, and is independent of whether surplus
> value is used for public purpose or for the manufacture of
> capitalist profit.
>
>
> Market socialism is now the formal platform of the
> Communist Party of China (from 14th National Conference),
> was use to great effect in Yugoslavia before nationalism
> was exploited to destroy the Federation, and in the guise
> of self-management, appears to be emerging in Venzuela.
>
> Market socialism is an essential stepping stone from
> capitalism through socialim to communism.
>
> There is no capitalism in market socialism.
>
> Consequently there is no revisionism and certainly no
> retreat to capitalism.
>
Two countries with the same number of population regardless of economic systems always produce the same quantity of capital, industrial or light industrial and consumer goods measured in terms of GNP and GDP. The difference lies with respect to Cuba and Chile is in that Cuba concentrates or shifts it resources, human and capital, into industrialization, housing, clothing, and health care. The capitalist economy concentrates its resources into leisure and recreation amassed by a few filthy rich capitalists thereby denying 99 percent of the rest of the population housing, food, clothing and health care.
Demand for goods be it capital or consumer is always predictable. We eat three times a day. WE get much needed haircuts every week. we shine our shoues every day. When we get sick the socialist sysem has always available resources to anticiapte it. The rotten capitalist system cannot.
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