KCNA: Transformation of capitalist trade and industry...

Macdonald Stainsby mstainsby at SPAMtao.ca
Fri May 5 13:24:05 MDT 2000

Although not very detailed, this is one of the first times I have seen a
KCNA article that could be viewed as "theoretical". This might help people
understand, in a limited sense, part of how Juche is applied in the DPRK,
from the proverbial mouth of the horse. Would I be the only one who sees a
strong vein of Maoist thought running through this? The main link between
Juche and Maoism, to my viewing of this short little editorial, is the
inclusion of thought patterns and consciousness as a part of the economic
transformation of the society...it also reminds me, to a lesser extent, of
the Cuban revolution. I suspect that this has to do with dealing with a
peasant/petty-bourgeois mindset more than anything else.


Socialist transformation of capitalist trade and industry

    Pyongyang, May 4 (KCNA) -- It is an important task of the socialist
revolution to transform urban handicraft
industry and capitalist trade and industry along socialist lines, while
carrying out agricultural cooperativization . The
Workers' Party of Korea (WPK), attaching great importance to the socialist
transformation of private trade and
industry in urban areas, also solved this issue its own way.
    Taking the specific features of the capitalist trade and industry at
that time into consideration, the WPK pursued the
policy of transforming the capitalist traders and industrialists on
socialist lines, not confiscating their properties.
    As the properties of the foreign imperialists and comprador capitalists
had been already confiscated without
compensation and nationalized at the stage of the anti-imperialist,
anti-feudal democratic revolution, the properties in
the hands of the national capitalists were the only capitalist ownership
left in Korea after the war.
    Moreover, almost all the economic foundations of the capitalist trade
and industry in the country were destroyed
during the three-year-long war. So, not a few businessmen and traders went
to the pot and joined state-owned workers
or office workers and the remaining capitalist traders and industrialists
found themselves in the same position as
handicraftmen and small merchants. under this situation they could neither
operate their economy nor improve their
living without support from the state and socialist economy.
    The WPK thus could transform the capitalist traders and industrialists
on socialist lines by inviting them to join the
cooperative economy, not by confiscation.
    In this process the WPK closely combined transformation of economic
form with remoulding of man.
    The WPK saw to it that businessmen and merchants were encouraged to
join cooperatives and ideological
education was strengthened among them to root out their nature as
exploiters and they took a direct part in production
to become socialist working people.
    The socialist transformation of the capitalist trade and industry was
completed in August Juche 47 (1958), which
was nearly simultaneous with the realization of the agricultural

Macdonald Stainsby
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