Price is a manifestation of the law of value. Value is the law of prices, i.e., a generalized expression of the phenomenon of price” . In prices, the first function of money as a measure of the value of commodities finds its manifestation, which consists, as Marx says, “to supply the world of commodities with material for expressing value, i.e., in order to express the values of commodities as quantities of the same name, qualitatively the same and quantitatively comparable”

A new translation from the original Russian manuscript with a new afterword by the translator and a timeline of Stalin's life and works. In one of his last works written in 1952, Stalin addresses various economic challenges facing the Soviet Union in its pursuit of socialism. He discusses topics ranging from commodity production under socialism to the role of the law of value, offering insights and solutions based on Marxist-Leninist theory.

Rapid methodological progress is now taking place in the USSR in the solution of the problems of developing both society and economy. A considerable proportion of the total methodological problems of the USSR economy are dealt with in the present monograph. This work is intended for economists, managers and specialists in methodology, sociology and applied mathematics, and it may also be useful to researchers into operations as well as to politicians, philosophers and wide circles of readers interested in the present and future problems of the USSR economy. Readers will find here, I hope, answers to many questions. At the same time this work can be used as a manual for students and post-graduate students investigating countries with centrally planned economies. For his monograph the author has used the material originally developed for a special course of lectures called "Macromodels of Planning". Some sections of the book correspond to the subjects of courses on "Mathematical Programming" and "Operations Research" as well as to the subjects of special courses on "Methods of Vector Optimization", "Stochastic Programming", "Parametric Programming" and "Decomposition Methods of Programming", read by the author from 1971 to 1976 to the graduates and post graduates of the department of applied mathematics and management processes at Leningrad University.

Political economy is one of the social sciences. It studies the laws of social production and distribution of material goods at various stages of the development of human society. The basis of society is material production. In order to live, people must have food, clothing, and other material goods. In order to have these goods, people must produce them, they must work. People produce material goods, that is, they fight against nature, not alone, but together, in groups, societies. Consequently, production is always and under all conditions social production, and labor is the activity of social man. The process of production of material goods involves the following points: 1) human labor, 2) the object of labor and 3) means of labor.

The China Development Research Foundation is one of the leading economic and social think tanks in China, where many of the theoretical underpinnings and policy details of economic reform were formulated. This book is the first of a series which makes available to an English-speaking audience the work of the individual Chinese economists who were the architects of reform. The series provides an inside view of China’s economic reform, revealing the thinking of the reformers themselves, unlike many other books on China’s economic reform which are written by outside observers. Xue Muqiao held many key posts including Secretary General of the Finance and Economy Commission of the Government Administrative Council, Director-General of the National Bureau of Statistics and consultant of State Council Office for Restructuring the Economic Systems. His work included eliminating the serious inflation of the early years of the People’s Republic, participating in drafting and implementing the First and Second Five-year Plans, and establishing the initial statistics system and price management system. His great contribution was to the development of economic theories and practice following China’s economic reform.

Planning in the Soviet Union compiles the result of M. Bernard's two-month visit to the USSR in 1961, for the purpose of investigating regional planning on behalf of the French Government Planning Office. This compilation deals with the Soviet planning apparatus, including its organization and administration together with the reforms that have been at work since 1957, furnishing a broad outline of the many economic and social problems forming the essence of Soviet thinking and planning. This book provides a very clear picture of the complexity of problems involved, particularly with the USSR government battling with the concepts of centralization, decentralization, and in industry between a vertical and horizontal structure. The topics that include economic growth, investment, location of industry, transport, manpower, use of available local resources, and migration are discussed only in broad outline of the magnitude of problems in the Soviet economic system. The efficiency of investments, choice of criteria, problem of priorities, productivity in highly integrated units, rationalization, specialization, and cooperation are also deliberated in this selection. This publication is intended for the average informed reader, particularly those who are interested in administering the planning apparatus in the near future.