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Labour Policy And Capitalist Planning

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Chapter Summary

Capitalism is essentially rationalistic in its approach to means, even if absolutely irrational in regard to ends. The individual firm, at first competing blindly for a share in a market whose potential is unknown and simultaneously competing for a share in a similarly unknown potential investment, is forced into prediction. Successful prediction brings with it not only profits but an identification of the factors that need to be controlled. What determines the policy of the next Labour government is not primarily a matter of who leads the party. It is primarily a matter of the consciousness first of the working class and then of the party, as to how the class issues are to be defined under the new capitalism. Any policy which simply and blindly meets the needs of that capitalism cannot but be anti-socialist, however good the private intentions of the leaders.

Keywords:capitalism; labour policy; working class

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