I don't know where Marx came up with that idea, but in a way it
conflicted with his more important theory -- that social
relations were the key.  For Marx and Engels, managers showed
that capitalists were unnecessary.  Besides centralization
created a form conducive to socialist organization.  He left out
the need for a radical change in the social relations of
production between managers and workers in this discussion.

Ian Murray wrote:

> Re the joint stock corporations; why is it we don't say
> they're already a social form of ownership? Ever since
> I found out about the legal realist critiques of the
> public-private distinction I've been puzzled over just
> what that aspect-dimension of socialism would look
> like. That was part of my motivation for posting the
> link on fiduciary capitalism. I definitely see Marx as
> a radical institutionalist; what I can't figure out is
> when would we even know socialism came into existence
> if we're barred from an a priori conception of what it
> is vis a vis the dimensions of property, contract and
> the like--not that those are by any means exhaustive of
> what would be constitutive of socialism?
>
> What are the criteria by which we could definitely say
> socialism has come into existence?
>
> Ian

--

Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail [EMAIL PROTECTED]


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