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Even when the government of a country claims to be "communist" or "socialist" the individual enterprises are run along capitalist lines. All that changes is where the source of capital comes from and where the "profits" go.

No they aren't. In a planned state owned economy 'companies' are not run on anything like a capitalist basis.  They are allocated a given amount of capital and set certain production targets.  If you're interested in an in depth analysis of how such economies function I'd recommend Janos Kornai's Economics of Shortage and The Socialist System.

You can make the Trotskyist argument that the party-state bureaucracy takes on the role that the bourgeoisie would in a capitalist state, but that's more political economy. For that the best are the original version (Revolution Betrayed) or Jacek Kuron's and Karol Modzelewski's Open Letter to the Party

by MarekNYC on Fri Jun 6th, 2008 at 01:39:37 PM EST

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