Subjects:
erior stage of communism’ and frequently as ‘Socialism.’ Alec Nove in his book ‘Political, Economy and Soviet Socialism’ comments that there is “Basic unclarity about the meaning both of ‘socialism’ and of the ‘transition period’.” Alan Abouchar says, “T
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“The essential factor that makes a national revolution differ from a neo-colonial regime is the government’s determination to control the country’s resources, and this determination is revealed in nationalisation of industry.
It can be said therefore that the important difference between socialism in the soviet and socialism in the third world is that those countries who claimed to be socialist were actually, by strict definition to the soviet model, not socialist. The is a sharp contrast to the Soviet regime where foreign investment was rejected and feared and the aim of the economy was to make herself self-sufficient as opposed to any foreign trade and increased production for the world market. A ‘banana republic’ is a state whose domestic economic management had been co-opted by external companies to a degree that deprives the state of autonomy even in the conduct of its own affairs. Regimes in this category were Egypt, Guinea, Mali, Ghana, Burma, Algeria, Syria, Iraq, and Peru to name but a few.
“On the whole, third world governments have a positive interest in encouraging production for the world market in order to increase their revenue base,”5 and this explains why even self-confessedly ‘socialist’ regimes have often proclaimed extremely liberal investment policies, and maintained close relations with Trans-national corporations, “especially in fields such as mineral production where technological and marketing factors call for vertically integrated structures for extraction, transport and processing. The ideology of these regimes crystallised around anti-colonialism and a usually!
rather emotional anti-imperialism, with nationalism as the supreme value. He contends that this kind of transition requires the passing of state power to the working class or a coalition of formerly exploited classes within which the working plays a dominant role. Furthermore, the importance of taking into account the particularities of each country in the construction of socialism is stressed by Carlos Rafael Rodriguez, one of the leaders of the Cuban Communist Party.
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