On Sat, Feb 24, 2024 at 10:04 AM, hari kumar wrote: > > But doubtless you nor many others, will at all like this next proposition: > > The collapse and take-over of the socialist economy of the USSR from > revisionism and imperialist attack - removed a huge barrier and threat to > international capital. That collapse happened in 1953 - and not with the > Hail Mary of Gorbachov's dissolution in 1991. FWIW I think the USSR was > the only socialist economy to be established. Before I am mis-understood > to be arguing also that this includes the 'socialist' China - I do not > believe that it can be shown that China ever established 'socialism'.
Ha! I’ll set aside the unending debate about whether and when the USSR and PRC each became revisionist. But I think your point about the collapse of the Soviet Union having " removed a huge barrier and threat to international capital.” is entirely correct. It opened a huge new zone of exploitation in Eastern Europe which had hitherto been closed too foreign and domestic capital. And I think a perhaps even larger breakthrough were the market reforms initiated by Deng a decade and a half earlier. The decline of the US industrial unions beginning in the 80’s would not have been possible without the prior opening of the vast Chinese labour market to exploitation by US capitalists eager to outsource their production. Where the expanding US economy once produced labour shortages and strengthened workers’ confidence and bargaining power, it now became awash with surplus labour which sapped working class confidence and the capacity to improve conditions. -=-=-=-=-=-=-=-=-=-=-=- Groups.io Links: You receive all messages sent to this group. View/Reply Online (#29114): https://groups.io/g/marxmail/message/29114 Mute This Topic: https://groups.io/mt/104479559/21656 -=-=- POSTING RULES & NOTES #1 YOU MUST clip all extraneous text when replying to a message. #2 This mail-list, like most, is publicly & permanently archived. #3 Subscribe and post under an alias if #2 is a concern. #4 Do not exceed five posts a day. -=-=- Group Owner: [email protected] Unsubscribe: https://groups.io/g/marxmail/leave/8674936/21656/1316126222/xyzzy [[email protected]] -=-=-=-=-=-=-=-=-=-=-=-
