Capitalism; Imperialism; Saving and investment; Socialism
The same sort of scrutiny must now be turned on the diagram of enlarged
reproduction. Taking Marx's second example as the basis for our test,
let us again imagine a socialist society. From the point of view of a
regulated society we shall, of course, have to start with Department II,
not with Department I. Assuming this society to grow rapidly, the result
will be an increasing demand for provisions by its members, whether they
work or not. This demand is growing so quickly that a constantly
increasing quantity of labour--disregarding for the moment the progress
of labour productivity--will be needed for the production of consumer
goods. The quantities required, expressed in terms of social labour
incorporated in them, increase from year to year in a progression of,
say, 2,000 : 2,215 : 2,399 : 2,600 and so on. Let us further assume that
technical conditions demand an increasing amount of means of production
for producing this growing quantity of provisions, which, again measured
in terms of social labour, mounts from year to year in the following
progression: 7,000 : 7,583 : 8,215 : 8,900 and so on. To achieve this
enlargement of production, we must further have a growth in the labour
performed _per annum_ according to the following progression: 2,570 :
2,798 : 3,030 : 3,284. [The figures correspond to the respective amounts
of I(_v + s_) + II(_v + s_).] Finally, the labour performed annually
must be so distributed that one-half is always used for maintaining the
workers themselves, a quarter for maintaining those who do not work, and
the last quarter for the purpose of enlarging production in the
following year. Thus we obtain the proportions of Marx's second diagram
of enlarged reproduction for a socialist society. In fact, three
conditions are indispensable if production is to be enlarged in any
society, even in a planned economy: (1) the society must have an
increasing quantity of labour power at its disposal; (2) in every
working period, the immediate needs of society must not claim the whole
of its working time, so that part of the time can be devoted to making
provision for the future and its growing demands; (3) means of
production must be turned out year after year in sufficiently growing
quantities--without which production cannot be enlarged on a rising
scale. In respect of all these general points, Marx's diagram of
enlarged reproduction has objective validity--_mutatis mutandis_--for a
planned society.
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