The market cant self regulate because it doesnt represent the interests of the prolotariat. The state in a socialist society by definition is govened by the people.
Well it is a representative democracy in most cases, so in reality it is governed by people’s representatives.
That is a big difference because the market also represents the interests of the people in the way of price setting and supply and demand. And we can see it is not working.
The market cant self regulate because it doesnt represent the interests of the prolotariat. The state in a socialist society by definition is govened by the people.
Well it is a representative democracy in most cases, so in reality it is governed by people’s representatives. That is a big difference because the market also represents the interests of the people in the way of price setting and supply and demand. And we can see it is not working.
It isn’t, and it never was.