Volume 42, 1998
Social Philosophy
Bob Stone
Pages 140-146
Why Marxism Isn’t Dead (Because Capitalism Isn’t Dead)
The Case for Cooperative Socialism
I defend the continued viability of Marx's critique of capitalism against Ronald Aronson's recent claim that because Marxists are 'unable to point to a social class or movement' away from capitalism, Marxism is 'over' 'as a project of historical transformation.' First, Marx's account of the forced extraction of surplus labor remains true. It constitutes an indictment of the process of capital accumulation because defenses of capitalism's right to profit based on productive contribution are weak. If generalized, the current cooperative movement, well advanced in many nations, can displace capitalism and thus counts as the movement Aronson challenges Marxists to point to. It will do this, I argue, by stopping capitalist exploitation, blocking capital accumulation, and narrowing class divisions. But in defending Marx by pointing to the cooperative movement, we have diverged from Marx's essentially political strategy for bringing about socialism onto an economic one of support for tendencies toward workplace democracy worldwide.