👉The table of contents so far is here.
Chapter 6: Planned Economy and Political Systems
6.1. Economic Systems and Political Systems
The task of the part II of this series is to clarify the process of a sustainable planned economy, and in this chapter we will look at the political institutions that guarantee the planned economy system in the superstructure.
In general, it is not clear that there is a logically necessary relationship between economic systems and political systems. However, it is possible to find a loose, but logical, correspondence.
For example, because capitalism aims for a free economy, it is most effective when combined with a liberal political system that keeps economic regulations to a minimum, especially a parliamentary system. This is because the parliamentary system is a representative system of money politics in which large sums of money are spent on elections for public office, making it easy for capital to establish a patronage relationship in which it retains the total interest of the business community through the political parties and politicians who serve as its guarantors.
On the other hand, a socialist economic system based on an administrative command economy like that of the former Soviet Union naturally requires a government and a planned administrative agency to act as the economic command center, and is therefore linked to a fairly centralized state system. In this respect, a parliamentary system, which is a meeting point of various political parties, is difficult to fit into this system.
In contrast, the new planned economy is not an administrative command type, but is based on autonomous joint planning by the target corporations of the planned economy themselves, making planned administrative agencies unnecessary. From this point on, one issue is whether the institution of the state itself should also be unnecessary.
The key here is the abolition of the monetary system. If a state that has lost its currency authority to issue official currency is no longer a state, then a communist planned economy that is not based on a monetary economy will be incompatible with the state system.
However, the abolition of the state is not necessarily unique to planned economies, and if one takes the most radical approach to free market economics, which retains the monetary economy but abolishes the state's currency authority and purifies it into a private currency system, then at least in theory, "capitalism without the state" will be possible.
In reality, however, it is difficult to imagine that a private currency without any state authority could circulate steadily with the safety of transactions guaranteed, so "capitalism without a state" will likely remain nothing more than an armchair theory.
Ultimately, an autonomous planned economic system without a planned administrative agency will have a new political system that is not based on a state system as its superstructure, and the World Commonwealth will be the global framework for this.
👉The papers published on this blog are meant to expand upon my On Communism.
