Part 2 The western countries.
Here we face the socialistic capitalism’s paradox.
When the amount of value in cash are held low
( in paper and coins ) the value should be increased
but it decrease in value at the same time.
The only difference in countries increasing
versus decreasing is the amount of time to the value
had to be stabilized by the central bank.
In other words when the amount of value leave the
bank and circulate so dristibution of productions flow
more easily , but here again in a socialistic capitalistic
system the flow of value depend of the value owners
and the distribution of work they need.
In a capitalistic so called socialistic system this will always
expand and accumulate until the capitalistic control of
value are on it’s collaps.
For capitalistic accumulation to begin :
Those prerequisites are needed.
1 : A preliminary accomulation of capital in particular hands
to an extent sufficient for the application of a higher
technique or of a higher degree of divission of labour
with the same technique .
2 : The presence of body or wage workers , industrial workers
ect . ect.
3 : A suifficient development of the system of commodity
economy in general to serve as a base for capitalist
commodity production and accumulation.
The basis of the production of commodities can admit of
production on a large scale in the capitalistic form alone.
A certain accumulation of capital in large scale in the hands
of individual producers of commoditives forms therefore the
nescessary preliminary of the specifically capitalist mode
This is called primitive accumulation and this forms the
starting point when the socialistic capitalistic accumulation
expands in it’s early stage.
A second powerful lever of primitive accumulation is the
monopoly of the banking system.
Monopolly ownership in the private sector put the banks
in control of the private capialistic sector within the
As mentioned in the first chapter :
“It need not to be total ownership and small private sectors can exist
in minor sectors of the economy , but there are strict limits on
the abillity to command labour other than one’s own .”
Those minor sectors will grow to a limit where the owertake the
controll inside the socialistic capitalistic system.
In the first chapter we remember :
“The Socialist countries represent nearly one third of the
world’s population and industrial output.”
Redristributing from private economy into the socialist sector
can occour directly only when the resources of private economy
accumulated by the banking system through deposits , are
redristributed through private economy by means of loans ,
at higher rate of interests and the difference between the sums
paid into the bank as deposits and the sum received by the bank
as loan interests and other forms of payment for its service.
Again in the socialistic capitalistic
countries the capitalistic
private economy can expand
to an unlimited level and the
value of capital became unstable.