Open AccessA PROSPECTIVE STUDY OF THE ABSOLUTE AND RELATIVE SURPLUS VALUE IN THE UNITED STATES BASED ON A MACROECONOMIC MODEL: CONSEQUENCES FOR RUSSIA
Author(s) -
Alexander V. Ryzhenkov
Publication year - 2020
Publication title -
interèkspo geo-sibirʹ
Language(s) - English
Resource type - Journals
ISSN - 2618-981X
DOI - 10.33764/2618-981x-2020-3-1-181-190
Subject(s) - capitalism , surplus value , epoch (astronomy) , socialism , ideology , economics , distribution (mathematics) , communism , political economy , political science , law , politics , physics , mathematical analysis , stars , mathematics , astronomy
This article develops an optimization neoliberal scenario 1 and a socially-oriented scenario 2 of capitalist reproduction based on US statistics for 2020-40. Scenario 1 preserves the socio-economic structure that generated the systemic, structural, and cyclical crisis of capitalism; it assumes a regular repetition of overproduction and paroxysms. The transforming social relations in the direction of tightening the workers’ control over production and the primary distribution of national income take place in scenario 2. Comparison of these pioneer scenarios with the projections by the Congressional Budget Office in the USA for 2020-2030 reveals the underestimation by the latter of the depth and duration of the epoch-making corona-crisis, which owes its name to the Covid-19 pandemic. The necessity for Russia of revival of the ideology of socialism, understood as the first phase of communism, is substantiated.