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Issues of Price and Subsidy in the Arts in The U.S.S.R

Alexander Rubinstein

Working papers from Institute of Economics

Abstract: Culture is one of the branches of the national economy of the Soviet Union where cost-based relations have not been sufficiently developed, where basic decisions, dictated by the objective requirements of social progress, are made on the basis of social, rather than cost-related criteria. And one of the most notable features in this area is the planned deficit of the majority of arts enterprises. Their unprofitability is conditioned mainly by a specific price setting policy which in turn clearly reflects a particular orientation. A political-economic justification of prices for cultural goods and services is seen to be lacking. The role of producer-consumer relations and of the law of value which governs them are discussed as possible causes. A theoretical justification of the very principles of determining and implementing prices, as well as of their interaction with other elements in producer-consumer relations is outlined

Keywords: Soviet Union; culture; cost-based relations; price setting policy; governmental support; theory of price (search for similar items in EconPapers)
JEL-codes: Z1 (search for similar items in EconPapers)
Date: 1987-06-21
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Citations: View citations in EconPapers (1)

Published in Journal of Cultural Economics, 1987, Volume 11, Number 2, pp. 65-83

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