👉The table of contents so far is here.
Chapter 16: Economic Transition Plan I: Transition Period
During the transition period, capitalism based on chain-reaction monetary exchange is not completely abolished; a considerable portion of it remains (residual capitalism). However, conducting trials to adapt to the new economic system, which is unknown to most people, is essential for achieving a smooth transition.
This preparation for the abolition of the monetary economy is both the most important point and the most difficult hurdle in the transition process. Failure to do so could lead to economic chaos, shortages of goods, and even famine, so it must be carried out with the utmost care and deliberation.
The ultimate goal of abolishing the monetary economy is nothing less than the complete abolition of the monetary system, but this is a task to be achieved in the initial period after the transitional period. In the transitional period before that, the monetary system remains, and without shock measures such as denomination, trial preparatory measures are taken.
As a preparatory measure during the transitional period, the preparatory organization for the Economic Planning Conference also conducts rehearsals for formulating economic plans that do not rely on monetary exchange throughout the transitional period, but this is, of course, a tabletop exercise in core production activities that are included in the scope of the planned economy.
In contrast, a rehearsal for the free, non-monetary supply of consumer goods directly related to citizens' daily lives will be conducted through the local preparatory organizations for Consumer Business Cooperatives. This will not be a theoretical exercise, but rather an actual trial of the free supply of daily necessities, primarily food, and some miscellaneous useful goods, with quantity restrictions.
The specific items to be included in the trial will be a policy issue. While this partial free supply of goods resembles wartime/disaster rationing, it is not a temporary measure like rationing, but rather a preparatory measure for the upcoming abolition of the monetary economy. Therefore, the range of items will gradually expand as the transition period progresses.
Furthermore, while the supply of basic utility services such as electricity and gas is included in the responsibilities of the preparatory organization for the Economic Planning Conference as part of the energy industry sector, these services are essential even in the future planned economy. Therefore, it would be beneficial to begin trials of the free supply of basic utility services from the transition period stage, in conjunction with the free supply of consumer goods.
👉The papers published on this blog are meant to expand upon my On Communism.
