Capitalism's Fatal Flaw, and the Way Forward: State-Capitalism and Marx’s Political-Economic “Law of Motion of Modern Society”.

Wednesday, August 11, 2021

State-Capitalism and Marx’s Political-Economic “Law of Motion of Modern Society”.

State-Capitalism and Marx’s Political-Economic “Law of Motion of Modern Society”.

Dear Reader,

I found the following discourse on the internet, which I think may be of interest to you --

The "law of motion of modern society" includes a 'taxis to totalitarianism' based on the increasingly unchecked power of national STATE-capitalism, a robust socio-economic [de]formation which has many variants. Its historical variants include German, Italian, Spanish, Portuguese, Hungarian, and Argentine "fascism", which involved a tyrannical state-bureaucracy that was still nevertheless subordinate and subservient to the traditional capital-owning ruling class.

The Stalinist and Maoist variants of 'proto-state-capitalism' involved the liquidation of the power of a weak, comprador national capitalist ruling class, and full dictatorship by the state bureaucracy, based upon state-property and the virtual outlawing of private capital property.

The state-capitalism that is waxing today throughout "First World" nation-states involves an increasingly dictatorial state-bureaucratic ruling class, subordinate to a private-capitalist plutocracy.

In China, a state-capitalist state-bureaucratic dictatorship tolerates a re-emerging private capitalist class which is strictly subordinate to the state bureaucracy.

In Russia, the kleptocracy there consists typically of former members of the state bureaucracy who have acquired vast private property by conversion of former state-property to private property by theft. But these new private capital owners survive as such only as cronies of the ruling state bureaucrats, and lose their property, their liberty, even their lives, if they fall out of favor with the state bureaucracy's ruler(s).

In the U.S., where state-property is officially frowned upon, every new "Great Recession" brings at least temporary conversion of huge accumulations of private capital into state-capital, with acquisition of capital equity stock in those capitals, and even outright government ownership of whole enterprises, at least temporarily.

The alternative to the Orwellian tyranny of all of these variants of state-capitalism is not "state-less" anarchism, but constitutional political-ECONOMIC DEMOCRACY, with grass roots regulation of pollution, etc., externalities, with a personal safety net for each individual citizen, and with citizen stewardship of social property in competing socialized producers' cooperatives, in which every member of each such cooperative receives two monthly income streams -- compensation for time-worked, and an equal share in the net operating surplus of that cooperative -- and in which the management of that cooperative is elected, mandated, recallable by the membership, and term-limited.

The Executive Branches of national, provincial, and local government would need also to cease to be appointive -- key commissions, bureaus, regulatory agencies, etc., would need to be led also by elected, mandated, term-limited, and recallable delegates of the people.

For more information regarding such insights, please see --

www.dialectics.info

For partially pictographical, ‘poster-ized’ visualizations of many of these Seldonian insights -- specimens of ‘dialectical art’ -- see: