Robert Gassler writes:

Apparently there is no way to look ahead and prevent another disaster like the Soviet Union – totalitarian state capitalism in a developing country disguised as a socialist revolution. The freedom that is socialism can exist only under a dictatorship. That makes no sense.

The question is precisely about the system, since any system can be spoiled by a lunatic. If it is impossible to prevent the rise of such a leader – as Jim Devine’s argument seems to suggest – then socialism is not a liberated zone, though it may be an egalitarian one.

If there is no royal road to the future, if both capitalism and socialism involve suffering for most people, then there is not much point in choosing between them.
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I don't think much "choice" would be involved.

If capitalism continues to produce growth, tolerable living standards in the mature economies, and increasing job opportunities and rising living standards in emerging markets, it will continue to endure, despite it's propensity to crises, inequality, and protest, and widespread popular hostility towards politicians, bureaucrats, and the rich.

If the system of private ownership were unable to recover from one of it's periodic crises, there would necessarily be efforts to revive production through public ownership. There would be public support across the political spectrum for such initiatives, even from reluctant libertarians, because their conditions will have deteriorated along with those of everyone else by the catastrophic decline in production.

Two questions, it seems to me, cannot possibly be answered in advance: 1) would there be more popular control over the state than under capitalism? and 2) would there gradually be a reversion to private ownership following the revival of production and the restoration of stabilty?

Marxists expected an affirmative answer to the first and a negative one to the second, but were disappointed on both counts by the revolutions in Russia and China which did not result in workers' control of production and the state, and which turned back to capitalism after abolishing it. Arguably, this occured because the revolutions took place in underdeveloped countries surrounded by richer capitalist states, and the outcome would have been different had the anticapitalist revolutions taken place in the West with it's more advanced economies and cuture. But, paraphrasing Goethe, theory is grey and the great tree of life is green.




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