• Cowbee [he/they]@lemmy.ml
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      7 days ago

      Is Engels “wumao?”

      Question 17 : Will it be possible to abolish private property at one stroke?

      Answer : No, no more than the existing productive forces can at one stroke be multiplied to the extent necessary for the creation of a communal society. Hence, the proletarian revolution, which in all probability is approaching, will be able gradually to transform existing society and abolish private property only when the necessary means of production have been created in sufficient quantity.

      Do you think the PRC can summon more developed productive forces with the swish and flick of a wand? The entire purpose of Scientific Socialism is analyzing that markets and public ownership are both tools, and each is more or less effective at different points in development. Half the PRC’s economy is in the public sector, governing industries like steel, infrastructure, energy, etc, which all place reliance on the public sector from the private sector, which is not as developed and generally governs more complex industries at lower levels of development.