Tuesday, November 4, 2014

Socialism, Capitalism, Invisible Hand

As an a priori proposition, 'Revolution is the only means to Socialism' is meaningless, since the concept of 'means' is inapplicable to a process that is either inevitable or seamless.  As an empirical proposition, it is false, since alternative means are conceivable.  One is a voluntary transition, which could include a process of education.  Now, that 'Revolution is a better means to Socialism than is non-violent education' is a true empirical proposition is questionable, given the failures of the Soviet Union, as well as the peaceful adaptation of some Socialist measures in places like Scandinavia.  Another voluntary transition is one, suggested by recent events, that seems to defy theories both favorable and unfavorable to Socialism.  For, the ongoing acquisition of American property by China, and the indebtedness of the U. S. to the latter, constitutes a triumph of a Socialist country over a Capitalist one, on Capitalist terms.  Accordingly, another possible means to Socialism is via the Invisible Hand of the Market, a transition that cannot be easily subsumed under either Marxist or Capitalist dogma.

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