The period of transition between our current capitalist economic and social system and a socialist economy is a very controversial subject among socialists. Maintaining an active dialogue and critique of this period is absolutely critical to our strategic and tactical understanding of how to achieve a socialist society. Nothing springs from the naked void fully formed1. We need to examine the best avenues open to us for changing our current social direction into a society we would like to bring into existence.
Capitalism is like a hot ember placed on a flammable object – the fire consumes the body in patches and gulps, some areas taking longer to catch, some areas exploding with flame and some areas quickly charred and brought to heel. Yet capitalism smouldered for a long period before catching fire. An economic, social and political regime can appear to remain stagnant while an apparent marginal economic activity moves towards dominance and finally erupts. Capitalism, which was once a marginal approach to economic activity, exploded onto the scene of history with dynamic force; a force which in a few centuries almost completely eliminated feudalism. A theory of social change will have to take into account the conditions which allow new social systems to ignite. It must also recognise that societies can exist in an admixture of various different economic systems. For this reason studying the entrance of capitalism onto the political scene is deeply important. Its genesis can give us clues to its demise.