Marxism is not the same as worker cooperatives, or workplace democracy. In fact, with respect to worker cooperatives, Marx and Engels were more against than forwith respect to the concept of making them the base of the economy. For Marx, Public Ownership and Central Planning were the way to go. Moreover, what denotes a system as Capitalist vs Socialist is not purity but dominance, ie which is the principle? Is it public ownership and central planning, or private property and free markets? No system is devoid of the other, but to pretend that one isn’t transforming into the other is anti-dialectical.
For the PRC, a hair over 50% of the economy is in the Public Sector, and nearly a tenth in the cooperative. This alone means it is certainly heavily public, but not alone does that mean it is Socialist. Within the public sector are key industries like steel, which the remaining private sector relies on. You cannot divorce the Private Sector from the Public, because it depends on it, and this is what additionally adds credibility to its Socialism as the driving factor.
You ask “what the point” of Socialism is if you aren’t “picking your boss” and whatnot, but the real answer is efficiency and supremacy over Capital. Markets have a natural tendency to centralize, but at the peak of this they stop actually progressing, because the amount of information required to direct production becomes massive. Central Planning alleviates this, and by folding all property into the Public Sector related industries can be better coordinated, all in service of maximizing human happiness and raising the floor as high as possible.
That doesn’t mean democracy isn’t also incredibly important, but it does help show that democracy isn’t the goal, either. Democracy is simply another tool for satisfying the population, and its one employed in the PRC as well.
You ask “what the point” of Socialism is if you aren’t “picking your boss” and whatnot, but the real answer is efficiency and supremacy over Capital. Markets have a natural tendency to centralize, but at the peak of this they stop actually progressing, because the amount of information required to direct production becomes massive. Central Planning alleviates this, and by folding all property into the Public Sector related industries can be better coordinated, all in service of maximizing human happiness and raising the floor as high as possible.
You lost me here. I’m afraid this is above my comprehension. I’m not arguing against it, I don’t understand what you’re saying (I assume this is my ignorance not any lack of eloquence on your part).
Regarding the public vs private sector that preceded that section, I want to ask clarifying questions if you’ll allow: to you understand does this pathways towards eventual goal then include plans for further assimilation of key assets of the private sector into the public somehow? Is this possible/necessary or is the presumed reality of the ideology at play that some level of capitalistic private sector is inevitable? If it is within the plan, what does this look like?
Well, for starters, I have an introductory Marxist reading list linked on my profile if you want to take a look, or you can get there from here. No need to do so, just if you want to learn more for your own personal knowledge.
As for your question, an emphatic and wholehearted YES! You nailed it, Marxists believe at lower levels of development markets are faster at developing, but that eventually public ownership and planning becomes more efficient. The PRC does this, it increases state ownership incrementally and graduallly, without risking Capital Flight. It’s a “boiling the frog” approach, and it’s necessary because it keeps the PRC integrated with the world economy and rapidly developing alongside it, as it sees the USSR’s isolation as a key aspect of its downfall.
Marxism is not the same as worker cooperatives, or workplace democracy. In fact, with respect to worker cooperatives, Marx and Engels were more against than for with respect to the concept of making them the base of the economy. For Marx, Public Ownership and Central Planning were the way to go. Moreover, what denotes a system as Capitalist vs Socialist is not purity but dominance, ie which is the principle? Is it public ownership and central planning, or private property and free markets? No system is devoid of the other, but to pretend that one isn’t transforming into the other is anti-dialectical.
For the PRC, a hair over 50% of the economy is in the Public Sector, and nearly a tenth in the cooperative. This alone means it is certainly heavily public, but not alone does that mean it is Socialist. Within the public sector are key industries like steel, which the remaining private sector relies on. You cannot divorce the Private Sector from the Public, because it depends on it, and this is what additionally adds credibility to its Socialism as the driving factor.
You ask “what the point” of Socialism is if you aren’t “picking your boss” and whatnot, but the real answer is efficiency and supremacy over Capital. Markets have a natural tendency to centralize, but at the peak of this they stop actually progressing, because the amount of information required to direct production becomes massive. Central Planning alleviates this, and by folding all property into the Public Sector related industries can be better coordinated, all in service of maximizing human happiness and raising the floor as high as possible.
That doesn’t mean democracy isn’t also incredibly important, but it does help show that democracy isn’t the goal, either. Democracy is simply another tool for satisfying the population, and its one employed in the PRC as well.
Hope that helps!
You lost me here. I’m afraid this is above my comprehension. I’m not arguing against it, I don’t understand what you’re saying (I assume this is my ignorance not any lack of eloquence on your part).
Regarding the public vs private sector that preceded that section, I want to ask clarifying questions if you’ll allow: to you understand does this pathways towards eventual goal then include plans for further assimilation of key assets of the private sector into the public somehow? Is this possible/necessary or is the presumed reality of the ideology at play that some level of capitalistic private sector is inevitable? If it is within the plan, what does this look like?
Well, for starters, I have an introductory Marxist reading list linked on my profile if you want to take a look, or you can get there from here. No need to do so, just if you want to learn more for your own personal knowledge.
As for your question, an emphatic and wholehearted YES! You nailed it, Marxists believe at lower levels of development markets are faster at developing, but that eventually public ownership and planning becomes more efficient. The PRC does this, it increases state ownership incrementally and graduallly, without risking Capital Flight. It’s a “boiling the frog” approach, and it’s necessary because it keeps the PRC integrated with the world economy and rapidly developing alongside it, as it sees the USSR’s isolation as a key aspect of its downfall.
This is an interesting reframing of my understanding of the situation. I appreciate you replying; I’m going to process this for a bit.
No worries! Feel free to ask any questions or dig in for yourself elsewhere.