The quote from Stalin here is kind of long, but it was a good, simple criticism on why the US will never properly handle poverty and unemployment while there are still capitalists. I'm about to go to sleep but I thought some of you might like it if you've never read the interview.

Joseph Stalin and H. G. Wells, Marxism VS. Liberalism: An Interview

EXHIBIT No. 44

[New York, New Century Publishers, September 1937; reprinted October 1950. Joseph Stalin and H. G. Wells, Marxism VS. Liberalism: An Interview.]

NOTE H. G. Wells visited the Soviet Union in 1934 and on July 23 he inter­viewed Joseph Stalin. The conversation, lasting from 4 P. M. to 6:50 P. M., was recorded by Constantine Oumansky, then head of the Press Bureau of the Commissariat of Foreign Affairs. The text, as printed in this pamphlet, has been approved by Mr. Wells.

Wells: My visit to the United States excited my mind. The old financial world is collapsing; the economic life of the country is being reorganized on new lines. Lenin said: "We must learn to do business," learn this from the capitalists. Today the capitalists have to learn from you, to grasp the spirit of socialism. It seems to me that what is taking place in the United States is a profound reorganization, the creation of planned, that is, socialist, economy. You and Roosevelt begin from two different starting points. But is there not a relation in ideas, a kinship of ideas, between Washington and Moscow? In Washington I was struck by the same thing I see going on here; they are building offices, they are creating a number of new state regulation bodies, they are organizing a long-needed Civil Service. Their need, like yours, is directive ability.

STALIN: The United States is pursuing a different aim from that which we are pursuing in the U.S.S.R. The aim which the Americans are pursuing arose out of the economic troubles, out of the economic crisis. The Americans want to rid themselves of the crisis on the basis of private capitalist activity without changing the economic basis. They are trying to reduce to a minimum the ruin, the losses caused by the existing economic system.

Here, however, as you know, in place of the old destroyed economic basis an entirely different, a new economic basis has been created. Even if the Americans you mention partly achieve their aim, i.e., reduce these losses to a minimum, they will not destroy the roots of the anarchy which is inherent in the existing capitalist system. They are preserving the economic system which must inevitably lead, and cannot but lead, to anarchy in production. Thus, at best, it will be a matter, not of the reorganization of society, not of abolishing the old social system which gives rise to anarchy and crises, but of restricting certain of its bad features, restricting certain of its excesses.

Subjectively, perhaps, these Americans think they are reorganizing society; objectively, however, they are preserving the present basis of society. That is why, objectively, there will be no reorganization of society. Nor will there be planned economy.

What is planned economy? What are some of its attributes? Planned economy tries to abolish unemployment. Let us suppose it is possible, while preserving the capitalist system, to reduce unemployment to a certain minimum. But surely, no capitalist would ever agree to the complete abolition of unemployment, to the abolition of the reserve army of unemployed, the purpose of which is to bring pressure on the labor market, to ensure a supply of cheap labor. Here you have one of the rents in the "planned economy" of bourgeois society.

Furthermore, planned economy presupposes increased output in those branches of industry which produce goods that the masses of the people need particularly. But you know that the expansion of production under capitalism takes place for entirely different motives, that capital flows into those branches of economy in which the rate of profit is highest.

You will never compel a capitalist to incur loss to himself and agree to a lower rate of profit for the sake of satisfying the needs of the people. Without getting rid of the capitalists, without abolishing the principle of private property in the means of production, it is impossible to create planned economy.