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What Capitalism Can Do When Allowed, And Communism Never Will

Posted by freedomforall 4 years, 9 months ago to Philosophy
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"In his Pre-Requisites of Socialism, written back in 1919, Trotsky argued how the technological gap had become so large it wasn’t realistic to expect the socialist system (of co-operatives) to have to catch up. Instead:

“It is evident that if this took place the co-operative societies would then simply have automatically to expropriate all capitalist undertakings,"
SOURCE URL: https://www.realclearmarkets.com/articles/2020/07/17/what_capitalism_can_do_when_allowed_and_communism_never_will_499325.html


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