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Alternatives to capitalism: Nikolai Bukharin on the division of labour

A favourite brought forward. Thinking about the pressures on capitalism — or rather, on the interventionism that passes for capitalism today — and on the alternative which was most comprehensively implemented, I discovered this recipe for chaos and failure from Bukharin: Under communism people receive a many-sided culture, and find themselves at home in various branches of production: today I work in an administrative capacity, I reckon up how many felt boots or how many French rolls must be produced […]

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Vladimir Putin attacks Western rescue packages – Times Online

“Interference of the state, the belief in the omnipotence of the state: That is a reaction to market failures,” Mr Putin said in his keynote address at the opening of the four-day meeting. “There is a temptation to expand direct interference of state in economy. In the Soviet Union that became an absolute. We paid a very dear price for that.” via Vladimir Putin attacks Western rescue packages – Times Online .

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Back to the USSR

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From the Guardian: Tanks rolling into neighbouring countries, the media back under state control and Kremlin policy shrouded in secrecy … Luke Harding reports on why Russia seems hellbent on reverting to its Soviet past. … “The Soviet Union had global ambitions. It believed in socialism and social justice. Now the main ideological idea is nationalism and anti-Americanism. There are no positive ideas any more, only negative ones,” Kryshtanovskaya [Russia’s leading sociologist] says. read more | digg story

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