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On Socialism

In: The Basic Theory of Capitalism

Author

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  • Makoto Itoh

    (University of Tokyo)

Abstract

It is often believed among Marxians that Marx proved the logical inevitability of socialism. It is undeniable that Marx intended to show such an inevitability. The formula of historical materialism, which was presented prior to writing Capital as we saw in Chapter 3, Section 3.1 already contained a sort of consistent logic of the historical transformation of various societies which finally reach a classless socialist society driven by the growth of productive power. The dialectical conflict between the growth of productive power and the existing relations of production would inevitably cause a period of revolution, changing the existing social formation into another new form of society. This basic view of historical materialism is incorporated continuously in some parts of Capital. The problem is whether those parts are theoretically well founded and valid or central to the main theoretical contents of Capital.

Suggested Citation

  • Makoto Itoh, 1988. "On Socialism," Palgrave Macmillan Books, in: The Basic Theory of Capitalism, chapter 10, pages 347-375, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-19107-9_10
    DOI: 10.1007/978-1-349-19107-9_10
    as

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