Oct Rev - TR1/3 - Economics of Socialism

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Uploaded by on Nov 17, 2008

Taimur Raheman of CMKP Speaks at the CPGB-MLs celebration of the 91st Anniversary of the Great Socialist October Revolution.

Cde Taimur explores the myth that socialist economy is inefficient and incapable of innovation, with direct reference to the miraculous economic achievements of the Soviet Union.

Khruhschevite market reforms were the cause of relative stagnation, and proved in practice the inferiority of market economics.

Means of Production (Tools) Drive growth. Magnificent growth of the USSR was due to emphasis on production of means of production.

By contrast, mechanised production displaces and impoverishes workers under capitalism, leading to economic crisis.

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  • lol, aristocrat scum were innocent people??

    The people who kept the masses of working men and women and their peasant cousins subservient and worse than slaves were anything BUT innocent!!

  • ZakeD3, please stop responding to this rightwing American idiot. He's reiterating the useless tripe he learnt in 8th grade.

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  • @MES961 So China, Hong Kong, Japan and Singapore have lots of resources? That's the key to their success? Read some Adam Smith to understand how that's a fallacy.

  • Best regards from Serbia

  • @johnnecron WRONG collectivism is based on view of man as something with infinity potecijal But to achieve our goals we need other people , because only sociaety that can provide every individual the opportunity to develop themselves can be called modern. Such society can not be a capitalist because the capitalist principles do not allow individual development. Capitalism degenerate man to an animal that has to fight to survive financially. PS I'm sorry for my bad English

  • LOL.....no individual tinkers around with scientific innovation! Alexander Graham Bell, Benjamin Franklin---all propped up by STATE INSTITUTIONS! LOL.....and Einstein didn't innovate physics while he was in a patent office in Bern! No....the patent office in Bern was the source of his daydreaming and genius! NASA's genius is the product of the government, of course! Not by individual scholars! No! Genius is the product of government intervention!

    What a douchebag.

  • People please read more and deeply about socialism...read about China's economical status and their socialist marketing...it works well for that country...but it will not work on every country though....countries with lack of natural resources then socialism works the best...its an amazing system !!

    Read about capitalism...it is CANCER for the society....

    dont blame leaders that made mistakes under socialism !!

  • @Questfortruth86 The political philosophy of collectivism is based on a view of man as a congenital incompetent, a helpless, mindless creature who must be fooled and ruled by a special elite with some unspecified claim to superior wisdom and a lust for power."

  • The political philosophy of collectivism is based on a view of man as a congenital incompetent, a helpless, mindless creature who must be fooled and ruled by a special elite with some unspecified claim to superior wisdom and a lust for power."

  • Living in a capitalist society, enjoying the freedoms being offered by a multi-party state the gentleman is talking about socialism in the Frm USSR, where as this nice gentleman would not have survived even a week in Stalin's Soviet Union.

  • ...верить в эту Коммунистическую идеологию и предпринимать новые эксперименты коллективизации общества, обречены на провал уже с самого начала...

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