The final step is for the new socialist society to reach a stage in which profit and money disappear. Society will become fully productive; the material needs of society will be met. In this final stage, profit will disappear, as will the need for money.
The recognition of profit is an acknowledgment of exploitation, for profit has no limit. Attempts so far to limit profit by various means have been reformative, not radical, intending to prohibit exploitation of man by man. The final solution lies in eradicating profit, but because profit is the dynamic force behind the economic process, eliminating profit is not a matter of decree but, rather, an outcome of the evolving socialist process. This solution can be attained when the material satisfaction of the needs of society and its members is achieved. Work to increase profit will itself lead to its final eradication.
Now,
this is my socio-economic system which bridges the transition from a Capitalist society to a Communist society when talking of Communism's socio-economic elements. My system borrows some from previous Socialist societies but has a money system but an evolved money system, the entire system ensuring that the citizen has money-less access to the basic needs which are provided by the governance system and for non-basic needs the money is used such that each citizen has potentially equal chance to access all of the society's goods and services. Is this not an advancement to Marx's and Muammar's ideas ? These are simply ideas which any rational person should absorb. But because you cynically think you will not meet anybody of brilliance on PDF you think you can reject the three ideas - the propagators of Marx's and Muammar's and then my idea ? Can you tell me which progressive movement are you a part of and how do you get impressed by its ideas ?