Originally Posted by Article
Following Trotsky, the modern revisionists hold that it is absurd to say that capitalism is developing in the Soviet Union because industry is nationalised and it is not owned by private capitalists. They also assert that expanding commodity production, which is becoming the general form of production, is not leading to capitalism because it is 'planned' and that production for profit is not bourgeois because it is production for 'socialist' profit. For many years the revisionists have been vulgarising the Marxist analysis of capitalism in order to hide their treachery. In Britain, at least, they have been replacing Lenin's interpretation of 'Capital' with Rosa Luxemburg's. (Though she died the death of a revolutionary Rosa Luxemburg made a number of very serious theoretical mistakes, including a false criticism of Marx's Capital, which were refuted by Lenin.) In their vulgarisation, capitalism equals the ownership of enterprises by individuals. This however, was only the main characteristic of one stage in the development of the system of capitalism. The system of capitalism is the system of commodity production, production for profit, in which labour power appears as a commodity and which is exchanged against variable capital in the form of wages and salaries. The central question concerns the nature of the system of production. The ownership of enterprises by individuals is a secondary question. If the latter were the central question then nationalisation of industries would in fact make them non-capitalist. The British coalmines, electricity industry, and railways are not owned by individuals. Shortly the greater part of the steel industry will not be owned by individuals. But the workers in these industries remain wage workers exploited by capital:
"...neither the conversion into joint stock companies nor into state property deprives the productive forces of their character as capital. The modern state is only the organisation with which bourgeois society provides itself in order to maintain the general external conditions of the capitalist mode of production against encroachments either by the workers or by individual capitalists... The more productive forces it takes over as its property, the more it becomes the real collective body of all the capitalists, the more citizens it exploits. The workers remain wage-earners, proletarians. The capitalist relationship is not abolished; it is rather pushed to an extreme." (Engels: Anti-Duhring, p. 307)
Whether state property is bourgeois or socialist depends therefore on the class nature of the state. The Trotskyist argument, which the revisionists are taking up in an attempt to hide their treachery (as Trotsky developed it to hide his), to the effect that the state is a workers' state because it owns the main industries, and that the industries are socialist because they are owned by the state, is gibberish. The notion that the introduction of planning into commodity production make it socialist was also refuted by Engels three quarters of a century ago in his criticism of the Draft Programme of the German Social Democratic Party (1891). The Draft Programme held that the absence of planning was rooted in the very nature of capitalist private property. Engels said: "Capitalist production by Joint Stock companies is no longer private production, but production in the joint account of many. Not only private production but also lack of planning disappear when we proceed from joint stock companies to trusts which control and monopolise whole branches of industry". Chen Po-ta, one of the leaders of the cultural revolution in China, wrote: "...there is nothing strange in certain forms of public ownership being tolerated in a particular society which is governed by an exploiting class, so long as they do not harm, and may even help the fundamental interests of that exploiting class... In capitalist society a joint stock company may be considered a kind of capitalist form of 'public ownership' and some workers may even hold shares in it". ('Yugoslav Revisionism', Peking Review, No. 16, 1958).