benhur
8th November 2008, 04:40
As most people believe that third-world countries must go through a capitalist phase (to industrialize rapidly), must we then encourage this mode of production, and instead restrict socialist methods to redistribution of wealth?
Put simply, capitalism for production and socialism for distribution? Is this how it works in the transitional stage? Say an underdeveloped country like Nepal can hardly develop without the capitalist mode of production, so is it in their best interests to encourage capitalism in the initial stages, and restrict their socialism to simply wealth distribution? Kinda like the rope Lenin talked about...
Put simply, capitalism for production and socialism for distribution? Is this how it works in the transitional stage? Say an underdeveloped country like Nepal can hardly develop without the capitalist mode of production, so is it in their best interests to encourage capitalism in the initial stages, and restrict their socialism to simply wealth distribution? Kinda like the rope Lenin talked about...