What is a Mixed Economy ? Is a Mixed Economy both Capitalism/Socialism ? Also I thought Socialism was state ownership of busines

4 posts / 0 new

What is a Mixed Economy ? Is a Mixed Economy both Capitalism/Socialism ? Also I thought Socialism was state ownership of business or is the means of production more than this ?

Karl Marx and Frederick Engels

Manifesto
of the Communist Party1848

II -- PROLETARIANS AND COMMUNISTS

1. Abolition of property in land and application of all rents of land to public purposes.

2. A heavy progressive or graduated income tax.

3. Abolition of all rights of inheritance.

4. Confiscation of the property of all emigrants and rebels.

5. Centralization of credit in the banks of the state, by means of a national bank with state capital and an exclusive monopoly.

6. Centralization of the means of communication and transport in the hands of the state.

7. Extension of factories and instruments of production owned by the state; the bringing into cultivation of waste lands, and the improvement of the soil generally in accordance with a common plan.

8. Equal obligation of all to work. Establishment of industrial armies, especially for agriculture.

9. Combination of agriculture with manufacturing industries; gradual abolition of all the distinction between town and country by a more equable distribution of the populace over the country.

10. Free education for all children in public schools. Abolition of children's factory labor in its present form. Combination of education with industrial production, etc.

http://www.anu.edu.au/polsci/marx/classics/manifesto.html

missouri632007's picture
missouri632007
Joined:
Mar. 21, 2011 12:38 pm

Comments

You asked about Socialism, but you present Communism. There is a difference, you know.

downix's picture
downix
Joined:
Oct. 12, 2010 10:04 am

You can have many forms of mixed economies. In fact, historically, there has never been a pure form of any economic system. The transition from feudalism to mercantalism to capitalism all had periods of hybridization that were probably never really resolved. We currently are in a form of capitalist-socialism in the US which has generally been termed "the welfare state".

Just as there have been Neo-liberal movements, there are also Neo-Marxist movements which allow for various definitions of socialism. The strict definition of socialism is that the means of production are owned by the state. As different formulations of "socialism" have come about through Neo-Marxism, that has been given the qualifier of either Statist Socialism or perhaps Authoritarian Socialism depending on the poltical structure which owns the means of production. Most real examples the typical US citizen is familiar with is Authoritarian Socialism - like the USSR or China (which is actually hybridizing towards Capitalism now). Since Americans tend to equate Authoritarian Socialism as simply "Socialism" they think it is a naughty word because they assume it requires an autocratic governmental form. This, of course, is simply overly simplistic and not really true.

A good article on these considerations:

http://www.ssc.wisc.edu/~wright/ERU_files/ERU-CHAPTER-5-final.pdf

Long and very thick theoretically but addresses the issue of hybridity and he also talks about different formulations of socialism near the end.

Another Chapter where he discusses this: http://www.ssc.wisc.edu/~wright/ERU_files/ERU-CHAPTER-12-final.pdf

Check out point 2 there.

Anyway, from his view, Capitalism is inherently authoritarian - capitalist are essentially tyrants that dicatate what our labor and productive means will do. And no this is not always simply being responsive to demand. If that were the case, advertising would be virtually meaningless. Socialism is really about democratizing the economy and there are several different ways you could do this and only a small portion of them are statist in nature.

ah2
Joined:
Dec. 13, 2010 9:00 pm
Quote missouri632007:

What is a Mixed Economy ? Is a Mixed Economy both Capitalism/Socialism ? Also I thought Socialism was state ownership of business or is the means of production more than this ?

Karl Marx and Frederick Engels

Manifesto
of the Communist Party1848

II -- PROLETARIANS AND COMMUNISTS

1. Abolition of property in land and application of all rents of land to public purposes.

2. A heavy progressive or graduated income tax.

3. Abolition of all rights of inheritance.

4. Confiscation of the property of all emigrants and rebels.

5. Centralization of credit in the banks of the state, by means of a national bank with state capital and an exclusive monopoly.

6. Centralization of the means of communication and transport in the hands of the state.

7. Extension of factories and instruments of production owned by the state; the bringing into cultivation of waste lands, and the improvement of the soil generally in accordance with a common plan.

8. Equal obligation of all to work. Establishment of industrial armies, especially for agriculture.

9. Combination of agriculture with manufacturing industries; gradual abolition of all the distinction between town and country by a more equable distribution of the populace over the country.

10. Free education for all children in public schools. Abolition of children's factory labor in its present form. Combination of education with industrial production, etc.

http://www.anu.edu.au/polsci/marx/classics/manifesto.html

A mixed economy is where you have capitalism that supports the government, the military, and social programs.

Taking taxpayer money to fund the police and military is wealth redistribution as much as using taxpayer money to fund welfare and foodstamps.

Volitzer's picture
Volitzer
Joined:
Jul. 31, 2007 3:01 pm

Currently Chatting

The other way we're subsidizing Walmart...

Most of us know how taxpayers subsidize Walmart's low wages with billions of dollars in Medicaid, food stamps, and other financial assistance for workers. But, did you know that we're also subsidizing the retail giant by paying the cost of their environmental destruction.

Powered by Pressflow, an open source content management system