Wednesday, 14 May 2025

The Basic Contradiction of Capitalism: A Dialectical Analysis |Chapter 8 | New Advances in Business, Management and Economics Vol. 7

Socialism is a transitional social order which heralds the advent of communism and, above all, that market socialism is the new mode of production which can be expected to take the place of capitalism for such a long period of time as to make us cease wondering what will come after it. The contradiction, which is classified as the severest one in most Marxist analyses of society, is the plan-market opposition. From this, it follows that the social order that will rise from the ashes of capitalism upon the solution of this contradiction must be a centrally planned and, hence, non-market system. The main aim of the analysis of dialectics is identifying a contradiction, in capitalism, that Marxists should categorise as the most important of all and that this need is imposed by the fact that the severest contradiction determines what kind of production mode will rise from the ashes of capitalism. The author emphasises that, instead, the existence of a different contradiction whose solution is compatible with the assumption that the newly emerging production mode, i.e. socialism, will still be a market economy. It can be said that the capital-labour opposition is also associated with the contrast between appearance and reality, which is discussed in the theory of commodity exchange, but would not be cancelled despite the reversal of the relation between capital and labour. In the conclusion, the distinction between socialism and communism must be accepted by any Marxist wishing to come to terms with globalization was first made by Lenin. The author mentions a seldom-quoted article that Lenin wrote after his experiments with wartime communism and the Nep and in which he spelt out that “cooperation is socialism”.

 

Author (s) Details

Bruno Jossa
University of Naples, Naples, Italy.

 

Please see the book here:- https://doi.org/10.9734/bpi/nabme/v7/5156

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