Other communists and Marxists, especially social democrats who favored the development of liberal democracy as a prerequisite to socialism, were critical of the Bolsheviks from the beginning due to Russia being seen as too backward for a socialist revolution. Council communism and left-communism, inspired by the November Revolution in Germany and the proletarian revolutionary wave, arose in response to developments in Russia and are critical of self-declared constitutionally socialist states. Some left-wing parties, such as the Socialist Party of Great Britain, boasted of having called the Bolsheviks, and by extension those Communist states which either followed or were inspired by the Soviet Bolshevik model of development, establishing state capitalism in late 1917, as would be described during the 20th century by several academics, economists, and other scholars, or a command economy. Before the Soviet path of development became known as "socialism", reminiscenting the two-stage theory, communists made no major distinction between the socialist mode of production and communism; it is consistent with, and helped to inform, early concepts of socialism in which the law of value no longer directs economic activity. Monetary relations in the form of exchange-value, profit, interest, and wage labor would not operate and apply to Marxist socialism.