, ▁because ▁gener ations ▁of ▁social ists ▁have ▁been ▁educated ▁in ▁the ▁idea ▁that ▁social ism ▁a ims ▁to ▁abol ish ▁mon et ary ▁instruments , ▁and ▁because ▁the ▁idea ▁seems ▁to ▁many ▁to ▁be ▁too ▁close ▁to ▁" social - dem ocr atic ▁subs id ization " ▁or ▁" fun ny ▁money " ▁social ▁credit ▁theories . ▁Nevertheless , ▁mon et ary ▁transactions ▁in ▁modern ▁capital ism ▁are ▁increasing ly ▁only ▁digital ▁cred its ▁and ▁deb its , ▁the ▁technology ▁exists ▁to ▁make ▁transactions ▁by ▁mobile ▁phone , ▁and ▁more ▁than ▁ 9 0 % ▁of ▁all ▁money ▁in ▁developed ▁capital ist ▁countries ▁is ▁bank ▁money , ▁not ▁c ash ▁or ▁c ash ▁depos its . ▁ ▁O ng o ing ▁debate ▁ ▁The ▁international ▁debate ▁is ▁still ▁continu ing . ▁How ▁progress ive ▁the ▁Soviet ▁Union ▁really ▁was ▁is ▁still ▁being ▁deb ated ▁even ▁today , ▁for ▁example ▁by ▁Bob ▁Allen ▁in ▁his ▁book ▁Farm ▁to ▁factory . ▁For ▁some ▁social ist ▁econom ists , ▁the ▁social ist ▁economy ▁is ▁an ▁end ▁in ▁itself , ▁for ▁others ▁it ▁is ▁only ▁a ▁means ▁to ▁an ▁end . ▁Some ▁social ist ▁the or ists ▁( such ▁as ▁Paul ▁W . ▁C ock sh ott ) ▁are ▁mon oth etic ▁the or ists : ▁they ▁wish ▁the ▁whole ▁of ▁the ▁economy ▁to ▁be ▁domin ated ▁by ▁one ▁economic ▁principle , ▁such ▁as ▁labour - value , ▁or ▁a ▁few ▁basic ▁economic ▁principles . ▁Other ▁social ist ▁the or ists ▁( like ▁Ale c ▁N