The Alternative to Capitalism

Preface
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1
1. What is Capitalism?
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3
Generalised commodity production
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4
Investment of capital in production with a view to profit
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7
Exploitation of wage labour
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9
Production regulated by the competitive struggle for profits
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11
The accumulation of capital out of profits
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15
A world economy
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19
State capitalism
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21
Who are the capitalist class?
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24
2. The Alternative to Capitalism
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29
No classes, no state, no frontiers
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29
No exchange, no economy
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35
Calculation in kind
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41
Planning and industrial organisation
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50
Impossibility of gradualism
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54
Conclusion
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59
3. The Thin Red Line: Non-Market Socialism in the
Twentieth Century
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61
Social democracy and leninism 
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62
The thin red line
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67
The principles of socialism 
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70
State capitalism 
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77
Differences between the non-market socialists 
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80
Rejection of the ‘transitional society’ 
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87
Bibliography
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96