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Towards a New Socialism

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Our claim is that the Soviet system put into effect a mode of extraction of the surplus product quite different from that of capitalism. To put this point in context, some more general historical background may be useful. — location: 85 ^ref-29223

A religious ideology that speaks of the distinct ‘places’ allotted to individuals on this earth and of the virtues of knowing one’s proper place, and that promises a heavenly reward for those who fulfill their role in God’s earthly scheme, will also be very useful. — location: 91 ^ref-46743

No bell rings in the factory to announce the end of the portion of the working day spent producing the equivalent of the workers’ wages, and the beginning of the production of profits for the employer. — location: 95 ^ref-51672

workers’ wages are substantially less than the total value of the product they generate: this is the basis of Marx’s theory of exploitation. — location: 96 ^ref-19639

Socialists can applaud egalitarianism, of course, but if individualistic monetary incentives are undermined there is nonetheless a need to promote other kinds of incentives—for instance those stemming from a sense of democratic participation in a common endeavour. — location: 134 ^ref-9570