We have been asked to review a booklet, “Money Must Go” (Published by J. Phillips, 203, Lordship Lane, N.17. Price 2s. 6d.). The subject matter is dealt with in the form of conversations between “Professor” and “George.” It is a genuine attempt to simplify some of the fundamental ideas on Socialism, although the writer, instead of using the word “Socialism,” uses the vague term “World Commonwealth.” Some of the ideas are all right, but we haven’t the space to deal with them here. There are, however, weaknesses, due to the over-insistence that money is “the root of all evil.”
The writer apparently holds the view that it is easier to make Socialists by a direct attack on money than by a direct attack on Capitalism. We do not hold this view. In our experience it is most difficult for workers to see that it is possible to produce and distribute wealth without the use of money, unless they have some knowledge of the elementary facts of capitalist production. Most workers regard money simply as a means of exchange, and nothing in this book will remove that idea. Money is a means of exchange, but, as gold in its metallic form, it is also a commodity, and it will be abolished as money only when commodity production is abolished. The expression “a money-based world” is repeatedly used, and if it is intended as a simple definition of capitalism it gives a wrong impression. Money is not peculiar to capitalism, nor is it the basis of capitalism. The essential characteristics of capitalism are: (a) Private ownership of the means of production and distribution ; b) a dispossessed or propertyless working class; (c) the production of goods for sale (commodities) ; (d) large-scale industrial production. These elementary facts can be grasped by any worker and cannot be easily simplified without becoming meaningless. The term “money-based world” is meaningless.
Another difficulty is the mixture of right and wrong ideas in the book. It is slated that “the abolition of money alone would solve no problems” (page 16), but on the next page we read, ” . . . . since money would not exist …. no person could say that he owned a share …. in the people’s means of production. In fact, all the world’s means of production would, then belong to the people of the world.” In this passage it is clearly implied that it is the abolition of money that will lead to common ownership. The correct position is that when the means of wealth production and distribution are commonly owned and democratically controlled there will be no exchange of goods and the need for money disappears. On both these pages efforts are made to define Socialism, but somehow the author leaves out the term “common ownership.” Also, while he states that every form of slavery will disappear, he fails to state that the present form of slavery is wage-slavery.
There are also serious theoretical errors. The, State is called an “abstraction” (page 120). This will appear strange to those who have felt the “heavy hand” of the law. The State is the public power of coercion used by the dominant class against the subject class. Later he explains, the “civil war” raging in society as a struggle over the goods produced by the workers. He says, “This war — or perhaps more accurately — this struggle is nothing more than a conflict between two dogs for the same bone” (our emphasis). The bone is the wealth produced by the workers. This is a misreading of the class struggle. In the industrial field the class struggle is a struggle over wages, hours of labour, conditions of work, etc., but it is something more than that; it is a political struggle over the ownership of the means of wealth production.
If the purpose of the book was to present a simple statement of the Socialist case, it is by no means a success. Subjects can be so over-simplified that they lose meaning. We can be sparing with words, but we cannot be sparing with sound definitions and clearly understood terms. Clarity is essential in explaining Socialism. Confusion plays into the hands of those who defend capitalism. It is strange, therefore, that, the writer avoids using such precise terms as “capitalism,” “working class,” “Socialism,” “class struggle,” but uses vague words such as “the people ” and the “World Commonwealth.” The word Commonwealth is not synonymous with Socialism. Its use by all sorts of political tricksters should have warned the writer of its vague and confusing character.
L. J.
Blogger's Note:
An excerpt from Money Must Go was reprinted in the World Socialist No.4 Winter (1985-86).
A PDF of the book is available over at Libcom.
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