By M. Howard, J. King
This moment quantity of the hugely profitable, A background of Marxian Economics, covers the interval from 1929 to the current. the most debates and topics of this era are the good melancholy and Stalinism, the lengthy growth and its death, New Theories of Imperialism, worth and Exploitation, and present Controversies. As with the 1st quantity Michael Howard and John King have written an authoritative and stimulating account of the heritage of Marxian Economics over this era.
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Sample text
Commodity relations (albeit non-capitalist ones) still played a part in the distribution of consumer goods, and in the relationship between state industry and the collective farms. It would be an epoch before the kolkhozes could be transformed into state enterprises and commodity relations eradicated, although the introduction of barter to replace money 36 The Great Depression and Stalinism transactions might soon begin. As with all other measures of the new transition, this was to be introduced from above by the socialist state, and Stalin ignored the fact that the marketing targets of the collective farms and the relevant rates of 'exchange' had been fixed from the centre for the past 20 years.
Varga, The Great Crisis, p. 23; Day, The 'Crisis' and the 'Crash', p. 188 (reporting the views of one B. Livshits). 40. Grossmann, Das Akkumulations, pp. 119-22; cf. O. Bauer, 'Die Akkumulation von Kapital', Die Neue Zeit, 31,1913, pp. 831-8, 862-74, translated in History of Political Economy, 18, 1986, pp. 87-110. A full discussion of Grossmann's model and its reception is given in Ch. 16 of volume I of this book. 41. See respectively E. Varga, 'Akkumulation und Zusammenbruch des Kapitalismus', Unter Dem Banner Des Marxismus, 4, 1930, pp.
A series of five year plans became the guiding force for most production. Nevertheless the 'command economy' was only imperfectly planned. In the early years especially, voluntarism and war imagery were pervasive; there were 'no fortresses ... 4 Output targets were raised without regard to capacity limits, pressure for overfulfilment was intense, and 'shock tactics' were employed on specific projects. 5 Stalin justified the high tempo by the threat of imminent imperialist attack and the intensity of the class struggle on the home front.