Just think about it…
Karl Marx was aware that production price equal to cost-price plus profit(KP = C + i) and he was not fan of where the profits were going and he knew that producing at an economic loss in the long-term is not a good plan, but a 3 stages development plan to achieve socialism at a profit or socially friendly capitalism in the long term may have crossed his head…..
Marx would not have encouraged a long-term red socialism production program at an economic loss, I think….Was somehow Karl Marx proposing red markets or socially friendly capitalism as the long term road to socialism, not the red socialism program at a loss implemented?....
For Karl Marx, C = Cost price and i = average profit
See if production price is KP = C + i , and
if C = SM + ECM, where SM = Social margin and ECM = economic margin.
Then;
KP = SM + ECM + i
The three stages of development to socialism at a profit can be stated as follows:
a) Stage 1: Red socialism as implemented
KP1 = SM
b) Stage 2: Red socialism at zero profit
KP2 = SM + ECM
c) Stage 3: Red socialism at a profit or red markets
KP3 = SM + ECM + i
With the understanding of capitalism Karl Marx had, this thought above would be consistent with his thought if he only had problems with where the profits were going and he wanted to redirect them to the state, not to private individuals.
Notice that since ECM + i = P = The traditional market price, then
KP3 = SM + P
The formula above is the formula of a red market or socially friendly capitalism or red socialism at a profit.
Was this what Karl Marx actually proposed?....That is where former red socialist countries including China arrived in 1991 when they shifted from red socialism to red markets….What do you think?