chapter
21 Pages

The Theory of “Organized Economic Disorder”

ByRichard B. Day

The latest forms of capitalism, the profound internal, structural changes that are observable, particularly the dramatic growth of the tendency toward state capitalism, cannot help but confront bourgeois theorists with a number of new problems. The dramatic intensification of the role of state intervention, which achieved the most consistent and, in that sense, the “purest” form in blockaded Germany, whose economy was converted into an isolated, planned, war-capitalist economy, provided a basis for a large number of theoretical works devoted to the analysis of such an economic form. The capitalist economy entails “production for the sake of production,” which to some extent means production at the expense of consumption. The war-capitalist economy entails production at the expense of production. A socialist economy entails production for the sake of consumption, and the development of mass consumption is a powerful impetus for the development of production.