State Capitalism versus Communism: What Happened in the USSR and the PRC?

  title={State Capitalism versus Communism: What Happened in the USSR and the PRC?},
  author={S. Gabriel and S. Resnick and R. Wolff},
  journal={Critical Sociology},
  pages={539 - 556}
  • S. Gabriel, S. Resnick, R. Wolff
  • Published 2008
  • Economics
  • Critical Sociology
  • Since 1917 analysts have debated what kind of economic system existed in the USSR and the PRC. They mostly juxtaposed `socialism' there to `capitalism' in Western Europe and the USA. The two sides were defined chiefly in terms of private versus state property and markets versus planning. We challenge this debate by means of Marx's focus on the organization of surplus labor. That is, we distinguish capitalism, socialism, and communism according to how these systems differently organize the… CONTINUE READING
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