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Workers March/April 2015

Private sector myths

Professor Mariana Mazzucato has made a fascinating study of the roles of the state and private enterprise in innovation. Her book challenges the false image that business is innovative while the state is full of inertia.

Accounting for money in the Soviet Union

During Socialist transition some workers were in more mechanised workplaces than others, some less rationally organised or working with less up to date equipment etc. So the same product(s) produced from different locations could not at this time be directly exchanged with other products solely on the basis of the number of hours worked.

Bolshevik finance

How to run industry and finance without capitalism was one of the things the Bolsheviks learned how to do in the Soviet Union after the October Revolution – and we can learn something from studying how they did it.