1969Problems in EconomicsRequires access

The Economic Essence of Profit and Profitability Under Socialism

M. Atlas, R. Vinokur

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Abstract

In connection with increasing the role of profit and profitability under the conditions of the economic reforms carried out in the socialist countries, economists of the Soviet Union and of other socialist countries have been confronted by the task of intensifying the theoretical elaboration of problems of profit and profitability and of means of improving the use of these categories in management practice.

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In connection with increasing the role of profit and profitability under the conditions of the economic reforms carried out in the socialist countries, economists of the Soviet Union and of other socialist countries have been confronted by the task of intensifying the theoretical elaboration of problems of profit and profitability and of means of improving the use of these categories in management practice.

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Available abstract

In connection with increasing the role of profit and profitability under the conditions of the economic reforms carried out in the socialist countries, economists of the Soviet Union and of other socialist countries have been confronted by the task of intensifying the theoretical elaboration of problems of profit and profitability and of means of improving the use of these categories in management practice.

Key concepts: Profitability index, Profit (economics), Socialism, Soviet union, Economic system, Market economy, Profit motive, Economics

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