this post was submitted on 17 Jul 2023
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The immediate new society is political socialism as soon as you kick out the bougies and redesign the institutions to ensure proletarian outcomes. I think what you're asking is what it would economically look like, and that is a question that would differ depending on the national conditions. What I mean by that is that ultimately what is possible is determined by many factors, assuming that much of the world remains capitalist the newly socialist country would need to integrate into the global market in some way. This would likely mean taking over strategic national industries while leaving consumer sectors to private industry. You'd have a planned economy while maintaining enough for international investors to prevent isolation (like north korea). This would look something like Vietnam, Cuba or China's combination of private and state industry.
At a later date this would transition to something more and more socialist as and when the national conditions allow for it. Most likely as less and less of the world is capitalist.
That's just a capitalist society ruled by the bourgeoisie, with welfare tacked on. We're talking about what is necessary here to stop the world from boiling to death, that doesn't achieve that.