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The authors identify capitalism's decay as assuming forms of the prevention of communism. These - notably stalinism and social-democracy - are entirely dependent on capital as well as being its guarantors on a world scale. Yet resting neither upon the law of value nor on that of planning, they are inherently unstable and contain no dynamic towards transition. From Radical Chains no.1.
Buy this issue There is an urgent need to transcend the deep chasm in historical materialism, extending back to the 1920s, between the Western Marxist…
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Communism, political and economic doctrine that aims to replace private property and a profit-based economy with public ownership and communal control of at least the major means of production (e.g., mines, mills, and factories) and the natural resources of a society.