Price Problems in Yugoslav Theory and Practice

I. Maksimovic and Z. Pjanic
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I. Maksimovic: University of Belgrade
Z. Pjanic: University of Belgrade

Chapter Chapter 16 in Economic Development for Eastern Europe, 1968, pp 185-195 from Palgrave Macmillan

Abstract: Abstract It was long the assumption of Marxists that the economic mechanism of socialism would operate with the sort of parameters typical of the natural sciences; production units would merely be technical and organizational components of the system, and the distribution of available labour would be calculable as a technological relationship. This belief has not been borne out by the practical experience of socialist countries, which has shown that rational calculation requires a determinate system of prices; a much wider field is thus left to economic laws than had originally been thought.

Keywords: Production Price; Price Policy; Price System; Price Control; Socialist Country (search for similar items in EconPapers)
Date: 1968
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DOI: 10.1007/978-1-349-08470-8_16

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