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>>18031291
The Shanghai Textbook. Published in 1975.

>The Shanghai Textbook explains how socialist society concretely subordinates the commodity form of production (and money relations) as the primary vehicle for organizing social production. It explains how the proletariat sets out to initiate a form of “direct social production” involving a different way of organizing an economy (socially planned production for social need); to transform the labor process (the producers dominating the conditions of production rather than vice versa); and to develop a different social psychology (people working for the common good). But this new type of production has not and cannot break free totally of commodity elements, and various types of commodity-money relations persist under socialism and continue to influence people’s thinking. The principle of exchange based on equivalent amounts of labor still plays a role. Socialist enterprises must pay attention to efficiency and must still utilize monetary calculation to compare between the planned cost and the actual cost of producing something. The Textbook explores the reasons for this and the complications and dangers posed. By the same token, while the working class rules in socialist society and aims to abolish classes and class distinctions, socialist society continues to reproduce classes and social differences and inequalities that find expression as class antagonisms. Socialism is a society in which the danger of reversion to capitalism is omnipresent.

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