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Red Start (July 2023): Protagonism, Socialist Leadership & Socialist Organization

Red Start Podcast

CHAPTER

The Importance of Recognizing the Second Product of Capitalist Production

Of the two joint products of capitalist production only one is acknowledged in traditional capitalist accounting. We need to understand that capitalist accounting is a class concept, its class bias is revealed by what it considers important to measure and by what it excludes. To build a new socialist society is necessary to develop new socialist concepts. So let me end by paraphrasing Che from his man and socialism in Cuba. The pipe you and socialism can be achieved through capitalist accounting and capitalist concepts of efficiency could lead into a blind alley.

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