It seems that you are making a connection between the necessity of expanding simultaneously on a broad front in the development of technology and the superiority of state led investments in doing so. Or simply put, that a state form of ownership makes possible the application of higher form of technology than is possible under private capitalism? But then why did the Soviet Union suffer from technological backwardness?
yours, rakesh
>What the state accomplishes is a coordination and independence from the
>economic rivalry that often undermines innovation. This is partly an
>escape from short-termism in investment (the most traditional Marxist
>explanation for state capital mobilization) but it is also an escape from
>the modes of commerce that prevent joint action in opening new markets.
>Technology is not science but a whole set of institutions that must move
>forward together and the state can encourage the creation of new
>institutions that can never form in a world of marginal utility.
>
>The autonomy of the state necessary to escape the interests of traditional
>business interests is the sociological problem here.