What is uneconomic under capitalism does not become economic under socialism.

Henry C.K. Liu hliu at mindspring.com
Fri Dec 13 18:34:48 MST 2002


This whole discussion is off target.  Economics in capitalism is a set of rules
and conditions that predisposes certain transactional outcomes.  Capitalistic
economics is not transferrable to socialism because under socialism these rules
and conditions are either non-existent or non-operative.  The fact that the USSR
lost in its competition with capitalistic US proves not that socialism is
inefficient but that any socialist system in competition with capitalist systems
under capitalistic rules and economics will lose.  Where the Soviet erred was to
try to win the capitalistic game agianst the best capitalist player.  What the
USSR should have done was to force the US to compete under socialists conditions
and rules, as it did between 1946-1956, and measure success in terms of equality
and jsutice.  But revisionism took over the USSR and from that point on Soviet
capitalism under socialist clothing did not have a chance.

To put the title of this thread in the proper perspective, it should read: what
is economic under capitalism is irrelevant under socialism.

Success in socialism is measured in ways that would score failure in
capitalism.  It is a point that most socialists fail to grasp.

Capitalism needs and adopts piecemeal socialist programs to rein in capitalism's
self destructiveness.  In that sense, it co-opts socilaist concept to serve
capitalism.
The real need for regime change is focused in capitalism.

Henry C.K. Liu



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