The socialism of centralised state control of industry and production, is dead. It misunderstood the nature and development of a modern market economy. It failed to recognise that the state and public sector can become a vested interest capable of oppression as much as the vested interests of wealth and capital. it was based on a false view of class that became too rigid to explain or illuminate the nature of class division today.
![The socialism of centralised state control of industry and production, is dead. The socialism of centralised state control of industry and production, is dead. Image](https://www.idlehearts.com/images/the-socialism-of-centralised-state-control-of-industry-and-production-is-dead.jpg?x85372)