One-dollar, one-vote socialism financial reform in France

Article Abstract:

The French socialist government upon assuming power in 1981 implemented a radical Keynesian economic platform dedicated to expanding credit by making available low cost loans from government-owned banks. This policy of credit socialization was abandoned in favor of financial market modernization when investment did not pick up as expected. This shift towards free-market socialism resulted in the redefinition of economic power. The means to achieve economic prosperity shifted from state control to control by private industrial capitalists and focused on profitability rather than social equity.

France, Economic policy, Monetary policy, Credit, Keynesian economics

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Capitalism as socialism in the early Soviet doctrine: Lenin, Trotsky, Bukharin, Preobrazhensky

Article Abstract:

Early Soviet doctrine on socialism retains the basic categories of capitalism as seen in the views presented by Vladimir Lenin, Leon Trotsky, Nikolai Bukharin and Preobrazhensky. All their views share the basic tenet of single ownership of capital or the means of production with the wage workers working for the state. Analyzed under Marxian categories, their models of socialism are actually of capitalism with the state taking the role of the capitalist.

Analysis, Criticism and interpretation, Lenin, Vladimir I., Trotsky, Leon, Bukharin, Nikolai

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Lessons for a future socialism from the Soviet collapse

Article Abstract:

The collapse of the former Soviet Union does not entirely confirm the superiority of markets and private property. However, the event has made many socialists reexamine socialism and analyze the merits of market socialism and non-capitalist forms of private property, such as employee ownership. Socialism failed in the former Soviet Union because it was of a distorted form and was characterized by repression and hierarchy.

Evaluation, Soviet Union

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