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guy.berliner's avatar

Economics is both an empirical and theoretical science. In the 19th century, we had empirical practitioners of socialist projects, including some who had already impressive track records of success in the conventional capitalist economy, people like Robert Owen, and even Friedrich Engels himself.

In the 20th century, we had the Mondragon cooperatives, the brutal, yet effective, breakneck industrialization of the Soviet Union and later China, and various important social democratic victories in Northern Europe.

And today, we have no shortage of ideas ("community wealth building" ala Preston, England or the Evergreen Cooperatives, "planning from below" ala Harnecker et al, Allende style computational planning, etc).

But you're right that we have lost momentum. Partly because the rightwing seized the initiative in the wake of the Soviet collapse, partly because of changes in technology and the nature of work that have fragmented production, smashed solidarity, and made workers everywhere more precarious.

In any case, it's an open question now as to how we advance the best ideas out there and retake the initiative from the forces of reactionary entropy and fascism.

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