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The Bourgeois and Revisionist Theories of A "Mixed Economy"

E. Bregel

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Abstract

On the basis of a profound analysis of the laws of development of the capitalist mode of production, Marx came to the conclusion that a revolutionary transition from capitalism to socialism is inevitable. For quite a time the bourgeois economists attacked this most important thesis, trying to deny the inevitability of the revolutionary overthrow of capitalism. The most skillful apologists declare that modern capitalism has undergone structural changes as a result of which "the injustices of the old capitalism" are being removed and that historical development in general leads not to the sharpening of capitalist contradictions, but to the emergence of a "mixed economy" under which different elements peacefully coexist while the basic features of capitalism are preserved.

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On the basis of a profound analysis of the laws of development of the capitalist mode of production, Marx came to the conclusion that a revolutionary transition from capitalism to socialism is inevitable. For quite a time the bourgeois economists attacked this most important thesis, trying to deny the inevitability of the revolutionary overthrow of capitalism. The most skillful apologists declare that modern capitalism has undergone structural changes as a result of which "the injustices of the old capitalism" are being removed and that historical development in general leads not to the sharpening of capitalist contradictions, but to the emergence of a "mixed economy" under which different elements peacefully coexist while the basic features of capitalism are preserved.

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Available abstract

On the basis of a profound analysis of the laws of development of the capitalist mode of production, Marx came to the conclusion that a revolutionary transition from capitalism to socialism is inevitable. For quite a time the bourgeois economists attacked this most important thesis, trying to deny the inevitability of the revolutionary overthrow of capitalism. The most skillful apologists declare that modern capitalism has undergone structural changes as a result of which "the injustices of the old capitalism" are being removed and that historical development in general leads not to the sharpening of capitalist contradictions, but to the emergence of a "mixed economy" under which different elements peacefully coexist while the basic features of capitalism are preserved.

Key concepts: Capitalism, Bourgeoisie, Socialism, Capitalist mode of production, Neoclassical economics, State capitalism, Economic system, Economics

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