Letters: Will capitalism collapse? (1989)

Letters to the Editors from the May 1989 issue of the Socialist Standard

Will capitalism collapse?

Dear Editors.

The sense of the last paragraph of my letter (March Socialist Standard) was completely lost because of your typographical error. I repeat the question I asked you which I notice you did not answer. How can capitalist production which only operates through the prospect of profit, continue to operate prior to the political capture of power when the socialist aim to abolish the profit system becomes itself a serious prospect once the socialist movement reaches a significant size? I think it is important that your readers should have an explanation so that they may judge for themselves the feasibility of obtaining an entirely new economic system more or less overnight without some change in economic relationships having occurred prior to this apocalyptic event.

Louise Cox

Haslemere

Reply:

Sorry about the error that made the last sentence of your letter incomprehensible. As to the point you wanted to raise, you appear to be saying that the growth of the socialist movement will bring about the economic collapse of capitalism before a socialist majority has come into being.

We have heard this sort of argument before. but we don't see why the socialist movement merely growing to a “significant size" should make profit prospects disappear. An analysis of the way capitalism works discloses, perhaps unfortunately, that the capitalist system will be able to stagger on, even if this involves increasing government intervention, until it is abolished by the conscious political action of the working class.

In any event, the socialist mode of production and distribution, i.e. production geared exclusively to meeting human needs and free access for all to goods and services according to their self-defined needs, cannot gradually evolve within capitalism. Whatever may be the political, economic and social effects within capitalism of the growth of the socialist movement, production for use — and the consequent disappearance of money/commodity relations and wage labour — cannot begin until after the socialist movement has democratically won control of political power and established the common ownership of the means of production by the whole community.

Editors.

Independence and Culture

Dear Comrades,

The brutal history of capitalism has often involved invasions from abroad as part of the process of its local development. Cromwell's occupation of Ireland, with all its savagery, was an early instance. In Marx's day, when capitalism was still young and insufficiently widespread in its establishment, it might have been valid to argue (and he did) that its further extension was a progressive necessity. Indeed at the time of the Crimean War Marx regarded the possibility of a Tsarist victory as such a retarding factor in historical development that he felt able to look favourably upon the opposing Anglo-French and Ottoman Turkish forces. By the twentieth century the world dominance of the capitalist system was no longer in the balance even if to this day large areas of the under-developed world have yet to undergo their own thoroughgoing changeover to commodity production and wage- slavery.

This means that the world-wide establishment of socialism no longer hinges upon the yet further spread of the iron heel of capital. But the state-capitalist bureaucrats of Moscow and Peking have not let this inhibit them where the extension of their control over Afghanistan or Tibet has been concerned. It is true that as the harbingers of industrial society the Russian imposed regime in Kabul and the Chinese colonial administration in Lhassa represent modernising trends as did British and French imperialism in their day. But in recognising this and in our repugnance for the superstitious, women-oppressive and backward-looking old orders we must not ignore, as I feel the article "Independence no benefit" in the April issue did, the harshness of imposed foreign ways and language by the latest conquerers. So whilst the notion of “national independence" is rightly shown as being, from the working-class point of view, merely a change of rulers imagine how any of us would feel if the purchase of a postage-stamp, the reading of a "news" paper or our kids' schooling required the use of Chinese! Our rejection of nationalist delusions ought never to show insensitivity to the valid concerns of oppressed people. Moreover. it strengthens the appeal of Socialism to show that in contrast to the imposed uniformity and centralisation of commodity production we aim for a way of life which, of its nature, fosters cultural freedom and diversity.

Yours for the revolution 

Eddie Grant 

London NW4