On 21 Dec 2024 at 19:13, gojko rakic via groups.io wrote: > > [Edited Message Follows] > I am just marxist amateur but we are far from that society described > by Smith or Marx. > Those relationships in production changed at the beginning of twenty > century > dramatically by emerganse of managerial class, a clas which is paid > for their work but > represent interest of the owners of the capital and were owners of > the capital are not > involved any more in direct control of their capital
Actually, Marx did take note of the changes taking place in capitalism as it moved towards the large corporations of today. Discussing the significance of the emergence of joint-stock companies, he referred to their various features and dramatically concludes that this is the abolition of the mid-19th century capitalism, but within the framework of capitalism itself.. He says "...It is the abolition of capital as private property within the framework of capitalist production itself. ... This is the abolition of the capitalist mode of production within the capitalist mode of production itself, and hence a self-dissolving contradiction, which prima facie represents a mere phase of transition to a new form of production. ... It reproduces a new financial aristocracy, . . . a whole system of swindling and cheating by means of corporation promotion, stock issuance, and stock speculation. It is private production without the control of private property. " This is from Marx, Capital, vol. III, Ch. XXVII 'The Role of Credit in Capitalist Production', pp. 437-8, emphasis added. Engels adds a note to Marx's text and discusses the developing of "new forms of industrial enterprises . . . representing the second and third degree of stock companies" and even, in some branches of the economy, to monopoly. I cite these remarks of Marx and Engels and discuss their significance in "he anarchy of production beneath the veneer of Soviet revisionist planning", 1997, https://www.communistvoice.org/12cSovAnarchy.html. By way of contrast, various apologists for Stalinist state-capitalism present it as socialist or non-capitalist by showing that it isn´t the same as mid-19th century British capitalism. This is their rigidity. Marx and Engels showed how capitalism persisted in new forms. Thus it is the defenders of revisionist state-capitalism, whether with Stalinist or Trotskyist phraseology, that can´t handle the changes in capitalism that occur over time. In their view, if something isn´t the old capitalism, then it isn´t capitalism. This is one of the notable features of the way John Bellamy Foster and Monthly Review apologize for repressive regimes. A recent example: in his article "The New Denial of Imperialism on the Left", he denies the emergence of new imperialisms by arguing that they are not like the old imperialisms. Foster´s view of the old imperialisms is so rigid and dogmatic that, taken seriously, it would deny that Tsarist Russia was imperialist. He triumphantly notes that in "Imperialism and the Split in Socialism", Lenin referred to "A handful of wealthy countries-there are only four of them, if we mean independent, really gigantic, `modern´ wealth: England, France, the United States and Germany". But Tsarist Russia wasn´t one of these four. Of course, in the same article that Bellamy quotes, Lenin makes a point of showing how Japan and Russia, which weren´t part of these four, were also major imperialists. That´s to say nothing of other less powerful imperialist countries of that time. -=-=-=-=-=-=-=-=-=-=-=- Groups.io Links: You receive all messages sent to this group. View/Reply Online (#34204): https://groups.io/g/marxmail/message/34204 Mute This Topic: https://groups.io/mt/110253956/21656 -=-=- POSTING RULES & NOTES #1 YOU MUST clip all extraneous text when replying to a message. #2 This mail-list, like most, is publicly & permanently archived. #3 Subscribe and post under an alias if #2 is a concern. #4 Do not exceed five posts a day. -=-=- Group Owner: [email protected] Unsubscribe: https://groups.io/g/marxmail/leave/13617172/21656/1316126222/xyzzy [[email protected]] -=-=-=-=-=-=-=-=-=-=-=-
