Date: Sat, 7 Jun 97 2:41:56 EDT From: boddhisatva <kbevans-AT-panix.com> Subject: Re: M-I: state capitalism Andy, I did not say that surplus production characterized capitalism. Surplus *extraction* does. Implicit in *extraction* is that it is coercive. The Soviet establishment extracted artificial reward through legal coersion. Also, the fact that Soviet bureaucrats did not accumulate wealth is immaterial. They accumulated power, based on their control of the economy. They could only control the economy if they fashioned a way for the economy to support them. It supported them through ownership, which was only state ownership in name. It was, in fact, as much private ownership as corporate ownership is today. It does not matter how much an exploiter makes by exploiting, it only matters that he exploits and that the very logic of the socio-political system puts him in a position to exploit. Now you may say that the Soviets were not capitalist in their exploitation but feudalist, it makes no difference. The point is that they were not socialists except in sentiment. Sentiment doesn't butter anyone's bread. I have made the argument before that the Soviet union was essentially a more benevolent and complicated form of feudalism. I still think it is true, but I also think that there was a capitalist character on their exploitation. They were not socialists because they did not give economic power to the proletariat. In fact, they avoided it, just as the Chinese do today. peace --- from list marxism-international-AT-lists.village.virginia.edu ---
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