Abstract

The reproduction conditions of capitalism are hard to specify, the phrase itself being too abstract to be meaningful. Another way to find the specific distinguishing features of capitalist reproduction conditions is to seek the same conditions in a socialist economy. Socialists will tend to want a more comprehensive welfare state, but the lack of a welfare state will not mean that the economy is not socialist. Reproduction conditions of both types of economy would be very similar, the reproduction of labour power being achieved by a variety of arrangements either more or less harsh, or more or less comprehensive, without damaging the economy. The welfare state is seen as a desirable feature of socialism in its own right, rather than because of its economic contribution.

Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call