A substantive and highly informed critique of Stalin’s 1951 treatise ‘Economic Problems of Socialism in the USSR’, and its theoretical rationalisations and justifications of the course taken by Soviet economic development; in particular taking to task Stalin’s claim that socialism has been realised, i.e. lower stage communism.
There are many choice quote that can be extracted from the text - for example, the shallowness of smuggling in ‘state industrialism under the socialist banner’, and palming it off as if it represented a socialist advance; how Soviet industrialisation represents a similar process of primitive accumulation (although I believe the German translates closer to ‘original accumulation’) as described by Marx in Capital; Bordiga even goes so far as to say that in much of the undeveloped world a certain glorification of the productive forces is ‘necessary.’
But what Bordiga is absolutely not prepared to accept is that this is socialist or a socialist process. He characterises the Soviet economy as state capitalist.
Therefore Stalin is spreading falsehoods, undermining Marxist theory, and twisting basic Marxist postulates beyond recognition.
For Bordiga, among the heights of Stalin’s theoretical barbarism is his acknowledgment that the law of value operates under socialism, in direct contradiction to Marx.
To quote Bordiga: ‘As for Stalin, he fabricates a theory - precisely: theories are invented, laws discovered - and in defiance of father Marx says: certain economic appearances of socialism obey usually to the law of exchange (law of value).’
For other Marxists like Raya Dunayevskaya, this acceptance (made as early as 1943 by some Soviet economists) that the law of value operated in the USSR she took as a face value admission that the regime was state capitalist.
Some passages from Bordiga’s work are worth quoting at length, illustrating his Marxist erudition and analysis:
‘Even if we only stick to the analysis of the domestic economy, the Russian economy in reality makes use of all laws of capitalism. How can it increase the production of goods not meant for consumption, without proletarianising humans? Where shall it take the humans from? The course is that of primitive accumulation, and mostly the means are as horrible as those that are depicted in “Capital”…’
‘Just in the dimension in which the process of the beginning accumulation of capital takes places… will it be revolutionary and spin the wheel of history forward. But this is not a socialist, but a capitalist process. In this big part of the globe, the glorification of the development of productive forces is necessary. Stalin correctly says, that this is not his credit, but that of the economic laws, which enforces these “policies” upon him. His entire undertaking is made up of fraudulent labelling…’