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Collected Works of V. I. Lenin - Vol. 26 - From Marx to Mao

Collected Works of V. I. Lenin - Vol. 26 - From Marx to Mao

Collected Works of V. I. Lenin - Vol. 26 - From Marx to Mao

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158V. I. LENINAnd so the concentration <strong>of</strong> capital is indicated in part afew paragraphs before an entire general, summarising sectionspecially devoted <strong>to</strong> the subject. This is devoid <strong>of</strong> all logicand is likely <strong>to</strong> render the programme less intelligible <strong>to</strong> themasses.IIIComrade Sokolnikov “subjects <strong>to</strong> a general revision” thefifth section <strong>of</strong> the programme, the one dealing with crises.He finds that the old programme “sins in theory <strong>to</strong> win popularity”and “deviates from <strong>Marx</strong>’s theory <strong>of</strong> crises”.Comrade Sokolnikov suggests that the word “overproduction”is made “the basis <strong>of</strong> the explanation” <strong>of</strong> crises in theold programme and that “such a view is more in keeping withthe theory <strong>of</strong> Rodbertus 70 who explains crises as being due<strong>to</strong> under-consumption by the working class”.A comparison <strong>of</strong> the old text with the new one proposedby Comrade Sokolnikov will show how unsuccessful his huntfor theoretical heresy has been, and how Rodbertus has beendragged in by the hair.The old text contains the following, after mention (in thefourth section) <strong>of</strong> “technical progress”, intensified exploitation<strong>of</strong> labour, and relatively lower consumption by the workers:“This state <strong>of</strong> affairs in the bourgeois countries, etc.,makes it more and more difficult for them <strong>to</strong> market commoditiesproduced in ever-increasing quantities. Overproduction,manifesting itself in ... crises ... and periods <strong>of</strong>stagnation ... is an inevitable consequence....”It is clear that here overproduction is by no means usedas the “basis <strong>of</strong> the explanation” <strong>of</strong> crises, but that this isonly a description <strong>of</strong> the origin <strong>of</strong> crises and periods <strong>of</strong> stagnation.In Comrade Sokolnikov’s draft we read the following:“The development <strong>of</strong> the productive forces assuming these contradic<strong>to</strong>ryforms, in which the conditions <strong>of</strong> production come in<strong>to</strong> conflictwith the conditions <strong>of</strong> consumption and the conditions for therealisation <strong>of</strong> capital with those for its accumulation—this development,whose sole motive force is the pursuit <strong>of</strong> pr<strong>of</strong>it, has as its inevitableconsequence acute industrial crises and depressions which signifythe cessation <strong>of</strong> the sale <strong>of</strong> commodities, anarchically produced inever-increasing quantities.”

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