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State Capitalism Quotes

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State Capitalism Quotes

“What thus emerged from the Russian Revolution was a new model of state capitalism which, in turn, would become attractive to the bourgeoisie of “backward” countries and colonies of the Western colonial powers (like Cuba, Vietnam, Mozambique, Angola, etc.). They could use the State to keep Western multinationals from bleeding the country dry, and try to “develop” independently through state mobilisation of the population. Devoid of real proletarian initiative, this was a flawed model, and even the Communist Party of the Chinese People’s Republic abandoned Stalinism after the death of Mao by setting up Special Economic Zones to attract international capital and build a new Chinese capitalist class (so-called “socialism with Chinese characteristics”). What they have in fact returned to is the type of state capitalism that Lenin advocated in 1918, opposed by the Left Communists of that time. Across the world many workers in the former Eastern European bloc still think it was better than what they have now. But neither “state capitalism” nor “state socialism” are socialism as understood by Marx. Both depend on the exploitation of workers whose surplus value is the basis for capitalist profit and who have no actual political say in the system.”

ChinaSocialismCommunismVietnamMarxismSoviet RussiaThe StateState SocialismLeft CommunismState Capitalism
Book:Russia: Revolution and Counter-Revolution, 1905-1924. A View from the Communist Left
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