. . . PPS: I've just asked Petchy what the Marxist theory of insurance was, and got a long explanation (apparently the Russian textbooks have only been translated into Spanish and Slovenian, so his paper is one of the few English lang. refs). It transpires that, according to the Critique of the GOtha Programme, insurance premium is the only form of surplus-value that persists under communism -- because the surplus held by society against risks has to, by its nature, be extracted before a crisis actually happens. . . .
what about surplus value for investment? Doesn't the state try to accumulate some capital? Only in a good way, of course.
mbs