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SPGB

The article you linked provided quite clearly the actual development of the system of state capitalism. And it seems you're ignoring my post 2228 where I listed the the different types of state intervention. The SPGB analysed the events in Soviet Russia has they unfolded from beginning to end.

You clearly have no interest in the subject you are talking about.
 
Not quite sure what you mean by this. Profit is a component of surplus value. It technically relates to the excess of revenue over costs of prpoduction. How else is it defined? The Soviet state had an interest in encouraging state enterprises to maiximise their profit - their revenue depended on it - but this does not mean that profit maximisation was the only consideration any more than it does in the West

Of course they needed to maintain and increase revenues - they needed to increase costs. They were pushing the economy to expand. Surplus value extracted from the workers was ploughed straight back into production. The state didn't need to maintain total profits at a certain level - it had no competition. Profit for individual enterprises featured as a form of accounting. There needed to be a way to quantify successes and failures. Of course the manager could make profits by fiddling the figures.
 
Originally Posted by Gravediggers View Post
All I'm saying is that you done yourselves no favours by calling it the, 'Big bang theory'. In fact if you had put, 'Is an economic model of socialism necessary before the abolishment of capitalism' down for an item of discussion at ADM or Conference it would have received much more accord from the members than your supposition.

Again this is a wriggle to cover up the fact that you were so way off beam in your understanding of what the big bang theory was actually about in the first place

Its not a wriggle but a reflection of a genuine concern on the subject, for I'm not entirely convinced that the SPGB response or the Guildford circular is the end of the matter. In fact personally, I would like to see a lot more discussion on the matter of, 'Is an economic model of socialism a necessary prerequisite before the revolutionary transformation'. And if not why not?
 
Socialist Party of Great Britain worth £1.3m, accounts show

The Socialist Party of Great Britain, which has 300 members, has cash reserves of £452,250 and property worth £900,000, its latest accounts say.

It bought the South London shop premises in 1951 for about £3,000.

But it has benefited from the boom in the capital's property prices, with the value of its assets increasing by £400,000 in a single year, according to its accounts.

Maybe time for a new shopfront then?
 
That's an old pic. The new shopfront isn't much better.:oops:

Nah, that is the new frontage, this is the old one

3794518272_3208871581_m.jpg
 
oh wow they've got a new sign!

Last time I was down that way they'd had the windows put in but still had the old yellow sign up. Big improvement on the days it looked like a shed.
 
oh wow they've got a new sign!

Last time I was down that way they'd had the windows put in but still had the old yellow sign up. Big improvement on the days it looked like a shed.

The front was bricked up for so many years because it was subject to a series of attacks by 'unruly elements' in the seventies.
 
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