View Full Version : How is capital created?
Coggeh
29th September 2007, 16:16
Is it all tax tax tax ? or what . (in a socialist society i mean)
Sorry , marxist ecnomics arent my strong point
RNK
30th September 2007, 02:10
Not much different then it is now (market exchange + profit extraction from labour etc). The difference being that it is "less severe" under socialism, and that workers have a direct say in how the wealth they help produce is used. This varies of course but that's how it is generally I believe.
Die Neue Zeit
30th September 2007, 04:10
Originally posted by
[email protected] 29, 2007 06:10 pm
Not much different then it is now (market exchange + profit extraction from labour etc). The difference being that it is "less severe" under socialism, and that workers have a direct say in how the wealth they help produce is used. This varies of course but that's how it is generally I believe.
^^^ You sound way too reformist there. :huh:
To the original poster: I think it's too utopian to imagine the details of a proper socialist society, and I also think that too many people still equate the DOTP with socialism itself. Even Lenin and Bordiga (http://en.wikipedia.org/wiki/Amadeo_Bordiga) started to realize that the DOTP of the future is a "historical epoch" unto itself.
Kwisatz Haderach
30th September 2007, 06:18
Essentially, the workers democratically decide how much of their surplus to set aside as capital for their mutual benefit.
There are, of course, many different ways in which you could set up a democratic mechanism to make such decisions, but the fundamental principle remains the same.
blackstone
3rd October 2007, 20:29
Originally posted by
[email protected] 29, 2007 03:16 pm
Is it all tax tax tax ? or what . (in a socialist society i mean)
Sorry , marxist ecnomics arent my strong point
Capital, or value, will be created at the point of production in socialism, as was in capitalism. Taxes extract from the aggregate surplus value, it does not create capital.
Dr Mindbender
3rd October 2007, 21:31
Originally posted by
[email protected] 29, 2007 03:16 pm
Is it all tax tax tax ? or what . (in a socialist society i mean)
Sorry , marxist ecnomics arent my strong point
the stolen production value of the proletarian. Capital is simply the money that should be distributed between the working people.
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