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The theory of state monopoly capitalism (also referred as stamocap) [1] was initially a Marxist thesis popularised after World War II. Lenin had claimed in 1916 that World War I had transformed laissez-faire capitalism into monopoly capitalism, but he did not publish any extensive theory about the topic. The term refers to an environment where the state intervenes in the economy to protect larger monopolistic or oligopolistic businesses from threats. As conceived by Lenin in his pamphlet of the same name, the theory aims to describe the final historical stage of capitalism, of which he believed the Imperialism of that time to be the highest expression. [2]
The main Marxist–Leninist thesis is that big business, having achieved a monopoly or cartel position in most markets of importance, fuses with the government apparatus. State monopoly capitalism protected monopolistic economics from competition by smaller firms. [3]
Lenin insists in The State and Revolution (1917) that state monopoly capitalism is not a development beyond capitalism but a manifestation of it, countering liberal and social-democratic politicians who characterised this economic development as state socialism, [4] for example with regard to the so-named State Socialism initiatives in the German Empire.
Different versions of this idea were elaborated by economists of the Communist Party of the Soviet Union (e.g., Eugen Varga), East Germany's Socialist Unity Party, the French Communist Party (e.g., Paul Boccara), the Communist Party of Great Britain (e.g., Ben Fine and Laurence Harris), and the American Communist Party of the USA (e.g., Victor Perlo).
Ever since monopoly capital took over the world, it has kept the greater part of humanity in poverty, dividing all the profits among the group of the most powerful countries. The standard of living in those countries is based on the extreme poverty of our countries.
The strategic political implication of the theory for Marxist-Leninists, towards the end of the Joseph Stalin era and afterwards, was that the labour movement should form a people's democratic alliance under the leadership of the Communist Party with the progressive middle classes and small business, against the state and big business (called "monopoly" for short). Sometimes this alliance was also called the "anti-monopoly alliance".[ citation needed ]
This section's factual accuracy is disputed .(April 2024) |
In neo-Trotskyist theory, however, such an alliance was rejected as being based either on a false strategy of popular fronts, or on political opportunism, said to be incompatible either with a permanent revolution or with the principle of independent working class political action.[ citation needed ]
The state in Soviet-type societies was redefined by the neo-Trotskyists as being also state-monopoly capitalist. There was no difference, in their view, between the West and the East in this regard. Consequently, some kind of anti-bureaucratic revolution was said to be required, but different Trotskyist groups quarreled about what form such a revolution would need to take, or could take.[ citation needed ]
Some Trotskyists[ who? ] believed the anti-bureaucratic revolution would happen spontaneously, inevitably and naturally, others believed it needed to be organised - the aim being to establish a society owned and operated by the working class. According to the neo-Trotskyists, the Communist Party could not play its leading role, because it did not represent the interests of the working class.[ citation needed ]
Market anarchists typically criticize neoliberal forces for inconsistent or hypocritical application of neoliberal theory regarding stamocap (State monopoly capitalism); that in those inconsistencies exist the basis of continued selective state-guaranteed privileges for the plutocratic neoliberal elite. [6]
The concept was to a large extent either modified or abandoned in the era of eurocommunism, because it came to be believed that the state apparatus could be reformed to reflect the interests of the working majority. In other words, the fusion between the state and big business postulated earlier was not so tight that it could not be undone by a mass movement from below, under the leadership of the Communist Party (or its central committee).[ citation needed ]
When Varga introduced the theory, orthodox Stalinist economists attacked it as incompatible with the doctrine that state planning was a feature only of socialism, and that "under capitalism anarchy of production reigns." [7]
Critics of the theory (e.g., Ernest Mandel and Leo Kofler) claimed that:
State capitalism is an economic system in which the state undertakes business and commercial economic activity and where the means of production are nationalized as state-owned enterprises. The definition can also include the state dominance of corporatized government agencies or of public companies in which the state has controlling shares.
Trotskyism is the political ideology and branch of Marxism developed by Russian revolutionary and intellectual Leon Trotsky along with some other members of the Left Opposition and the Fourth International. Trotsky described himself as an orthodox Marxist, a revolutionary Marxist, and a Bolshevik–Leninist as well as a follower of Karl Marx, Frederick Engels, Vladimir Lenin, Karl Liebknecht, and Rosa Luxemburg. Assessing Trotsky, Lenin wrote: "Trotsky long ago said that unification is impossible. Trotsky understood this and from that time on, there has been no better Bolshevik."
Late capitalism is a concept first used in print by German economist Werner Sombart at the start of the 20th century. In the late 2010s, the term began to be used in the United States and Canada to refer to corporate capitalism.
Bolshevism is a revolutionary socialist current of Soviet Leninist and later Marxist–Leninist political thought and political regime associated with the formation of a rigidly centralized, cohesive and disciplined party of social revolution, focused on overthrowing the existing capitalist state system, seizing power and establishing the "dictatorship of the proletariat".
The Revolutionary Socialist League (RSL) was a Trotskyist group in the United States established in 1973 and disbanded in 1989.
Superprofit, surplus profit or extra surplus-value is a concept in Karl Marx's critique of political economy subsequently elaborated by Vladimir Lenin and other Marxist thinkers.
In Marxist theory, a new democratic society will arise through the organised actions of an international working class, enfranchising the entire population and freeing up humans to act without being bound by the labour market. There would be little, if any, need for a state, the goal of which was to enforce the alienation of labor; as such, the state would eventually wither away as its conditions of existence disappear. Karl Marx and Friedrich Engels stated in The Communist Manifesto and later works that "the first step in the revolution by the working class, is to raise the proletariat to the position of ruling class, to win the battle of democracy" and universal suffrage, being "one of the first and most important tasks of the militant proletariat". As Marx wrote in his Critique of the Gotha Program, "between capitalist and communist society there lies the period of the revolutionary transformation of the one into the other. Corresponding to this is also a political transition period in which the state can be nothing but the revolutionary dictatorship of the proletariat". He allowed for the possibility of peaceful transition in some countries with strong democratic institutional structures, but suggested that in other countries in which workers can not "attain their goal by peaceful means" the "lever of our revolution must be force", stating that the working people had the right to revolt if they were denied political expression. In response to the question "What will be the course of this revolution?" in Principles of Communism, Friedrich Engels wrote:
Above all, it will establish a democratic constitution, and through this, the direct or indirect dominance of the proletariat.
The two-stage theory, or stagism, is a Marxist–Leninist political theory which argues that underdeveloped countries such as Tsarist Russia must first pass through a stage of capitalism via a bourgeois revolution before moving to a socialist stage.
Before the perestroika Soviet era reforms of Gorbachev that promoted a more liberal form of socialism, the formal ideology of the Communist Party of the Soviet Union (CPSU) was Marxism–Leninism, a form of socialism consisting of a centralised command economy with a vanguardist one-party state that aimed to realize the dictatorship of the proletariat. The Soviet Union's ideological commitment to achieving communism included the national communist development of socialism in one country and peaceful coexistence with capitalist countries while engaging in anti-imperialism to defend the international proletariat, combat the predominant prevailing global system of capitalism and promote the goals of Russian Communism. The state ideology of the Soviet Union—and thus Marxism–Leninism—derived and developed from the theories, policies, and political praxis of Marx, Engels, Lenin, and Stalin.
Marxism is a method of socioeconomic analysis that originates in the works of 19th century German philosophers Karl Marx and Friedrich Engels. Marxism analyzes and critiques the development of class society and especially of capitalism as well as the role of class struggles in systemic, economic, social and political change. It frames capitalism through a paradigm of exploitation and analyzes class relations and social conflict using a materialist interpretation of historical development – materialist in the sense that the politics and ideas of an epoch are determined by the way in which material production is carried on.
Bureaucratic collectivism is a theory of class society. It is used by some Trotskyists to describe the nature of the Soviet Union under Joseph Stalin and other similar states in Central and Eastern Europe and elsewhere.
The third camp, also known as third camp socialism or third camp Trotskyism, is a branch of socialism that aims to oppose both capitalism and Stalinism by supporting the organised working class as a "third camp".
State socialism is a political and economic ideology within the socialist movement that advocates state ownership of the means of production. This is intended either as a temporary measure, or as a characteristic of socialism in the transition from the capitalist to the socialist mode of production or to a communist society. State socialism was first theorised by Ferdinand Lassalle. It advocates a planned economy controlled by the state in which all industries and natural resources are state-owned.
Revolutionary socialism is a political philosophy, doctrine, and tradition within socialism that stresses the idea that a social revolution is necessary to bring about structural changes in society. More specifically, it is the view that revolution is a necessary precondition for transitioning from a capitalist to a socialist mode of production. Revolution is not necessarily defined as a violent insurrection; it is defined as a seizure of political power by mass movements of the working class so that the state is directly controlled or abolished by the working class as opposed to the capitalist class and its interests.
People's democracy is a theoretical concept within Marxism–Leninism and a form of government which developed after World War II and allows in theory for a multi-class and multi-party democracy on the pathway to socialism. People's democracy was established in a number of European and Asian countries as a result of the people's democratic revolutions of the 1940s.
Orthodox Marxism is the body of Marxist thought which emerged after the death of Karl Marx and Friedrich Engels in the late 19th century, expressed in its primary form by Karl Kautsky. Kautsky's views of Marxism dominated the European Marxist movement for two decades, and orthodox Marxism was the official philosophy of the majority of the socialist movement as represented in the Second International until the First World War in 1914, whose outbreak caused Kautsky's influence to wane and brought to prominence the orthodoxy of Vladimir Lenin. Orthodox Marxism aimed to simplify, codify and systematize Marxist method and theory by clarifying perceived ambiguities and contradictions in classical Marxism. It overlaps significantly with Instrumental Marxism.
A socialist state, socialist republic, or socialist country, sometimes referred to as a workers' state or workers' republic, is a sovereign state constitutionally dedicated to the establishment of socialism. The term communist state is often used synonymously in the West, specifically when referring to one-party socialist states governed by Marxist–Leninist communist parties, despite these countries being officially socialist states in the process of building socialism and progressing toward a communist society. These countries never describe themselves as communist nor as having implemented a communist society. Additionally, a number of countries that are multi-party capitalist states make references to socialism in their constitutions, in most cases alluding to the building of a socialist society, naming socialism, claiming to be a socialist state, or including the term people's republic or socialist republic in their country's full name, although this does not necessarily reflect the structure and development paths of these countries' political and economic systems. Currently, these countries include Algeria, Bangladesh, Guyana, India, Nepal, Nicaragua, Sri Lanka and Tanzania.
Proletarian internationalism, sometimes referred to as international socialism, is the perception of all proletarian revolutions as being part of a single global class struggle rather than separate localized events. It is based on the theory that capitalism is a world-system and therefore the working classes of all nations must act in concert if they are to replace it with communism.
World communism, also known as global communism or international communism, is a form of communism placing emphasis on an international scope rather than being individual communist states. The long-term goal of world communism is an unlimited worldwide communist society that is classless, moneyless, stateless, and nonviolent, which may be achieved through an intermediate-term goal of either a voluntary association of sovereign states as a global alliance, or a world government as a single worldwide state.
The following outline is provided as an overview of and topical guide to Marxism:
The latter must be emphasized because the erroneous bourgeois reformist assertion that monopoly capitalism or state-monopoly capitalism is no longer capitalism, but can now be called "state socialism" and so on, is very common.