this post was submitted on 14 Nov 2024
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Marx's analysis of Capitalism and predictions of where it heads are proven more correct with the passage of time. The reason the Proletarian is exploited to a greater degree than the serf is due to the nature of commodity production. As the M-C-M' circuit, whereby M is an initial sum of money, C the commodity produced with M, and M' the greater sum of money after selling said commodity is the basis of Capitalist production, said process is incentivized to be maximized. In Feudalism, rent is extracted and the rest kept for subsistence, in Capitalism wages are set by cost of continued existence and replacement, moving up or down mostly by societal norms.
-The Principles of Communism
The serfs did not have it better, of course. However, the nature of their production was limited to the low technological development of the time. With mass factories Capitalism was transitioned to, and now with complex development of production in the hands of massive, monopolist syndicates and cartels, we can move beyond Capitalism to Socialized prodiction, central planning and public ownership, far easier than ever before.
I highly recommend those interested to check out my Introductory Reading List on Marxism.
What went wrong with the Soviet Union?
What, specifically, are you asking about? Are you asking about why it was dissolved from the top down and sold for parts to the west? Or is this about something more specific?
For clarity, the Soviet Union marked dramatic improvements for the lives of the Working Class, and showed that Socialism is a working economic model. Asking what went "wrong" without asking specifics helps nobody, the best answer to that is just directing you to Blackshirts and Reds, which took a critical look at what went right and what didn't in the Soviet Union and how it collapsed, along with the brutal reintroduction of Capitalism that killed 7 million people.