PyramidHead
Contributor
In 1934, the author H. G. Wells interviewed Joseph Stalin. The latter had this to say about FDR's New Deal:
NB: Here, JS uses "anarchy" not in the sense of anarchism (which he also opposed, rightly) but in the sense of leaving the production of goods and provision of services up to private actors who pursue individual goals, rather than planned according to the needs of society at large.
Full text here.
In my view, looking at America today almost 60 years after the New Deal, it seems unassailable that Stalin was correct in his analysis here.
The aim which the Americans are pursuing, arose out of the economic troubles, out of the economic crisis. The Americans want to rid themselves of the crisis on the basis of private capitalist activity, without changing the economic basis. They are trying to reduce to a minimum the ruin, the losses caused by the existing economic system. Here [in the USSR], however, as you know, in place of the old, destroyed economic basis, an entirely different, a new economic basis has been created. Even if the Americans you mention partly achieve their aim, i.e., reduce these losses to a minimum, they will not destroy the roots of the anarchy which is inherent in the existing capitalist system. They are preserving the economic system which must inevitably lead, and cannot but lead, to anarchy in production. Thus, at best, it will be a matter, not of the reorganization of society, not of abolishing the old social system which gives rise to anarchy and crises, but of restricting certain of its excesses. Subjectively, perhaps, these Americans think they are reorganizing society; objectively, however, they are preserving the present basis of society.
NB: Here, JS uses "anarchy" not in the sense of anarchism (which he also opposed, rightly) but in the sense of leaving the production of goods and provision of services up to private actors who pursue individual goals, rather than planned according to the needs of society at large.
In speaking of the impossibility of realizing the principles of planned economy while preserving the economic basis of capitalism, I do not in the least desire to belittle the outstanding personal qualities of Roosevelt, his initiative, courage and determination. Undoubtedly, Roosevelt stands out as one of the strongest figures among all the captains of the contemporary capitalist world. That is why I would like, once again, to emphasize the point that my conviction that planned economy is impossible under the conditions of capitalism, does not mean that I have any doubts about the personal abilities, talent and courage of President Roosevelt. But if the circumstances are unfavorable, the most talented captain cannot reach the goal you refer to.
Theoretically, of course, the possibility of marching gradually, step by step, under the conditions of capitalism, towards the goal which you call socialism in the Anglo-Saxon meaning of the word, is not precluded.
But what will this "socialism" be? At best, bridling to some extent, the most unbridled of individual representatives of capitalist profit, some increase in the application of the principle of regulation in national economy. That is all very well. But as soon as Roosevelt, or any other captain in the contemporary bourgeois world, proceeds to undertake something serious against the foundation of capitalism, he will inevitably suffer utter defeat. The banks, the industries, the large enterprises, the large farms are not in Roosevelt's hands. All these are private property. The railroads, the mercantile fleet, all these belong to private owners. And, finally, the army of skilled workers, the engineers, the technicians, these too are not at Roosevelt's command, they are at the command of the private owners; they all work for the private owners. We must not forget the functions of the State in the bourgeois world.
The State is an institution that organizes the defense of the country, organizes the maintenance of "order"; it is an apparatus for collecting taxes. The capitalist State does not deal much with economy in the strict sense of the word; the latter is not in the hands of the State. On the contrary, the State is in the hands of capitalist economy. That is why I fear that in spite of all his energies and abilities, Roosevelt will not achieve the goal you mention, if indeed that is his goal. Perhaps, in the course of several generations it will be possible to approach this goal somewhat; but I personally think that even this is not very probable.
Full text here.
In my view, looking at America today almost 60 years after the New Deal, it seems unassailable that Stalin was correct in his analysis here.