A Textbook issued by the Institute of Economics of the Academy of
sciences of the USSR
Published date & Publisher: 1957, Lawrence & Wishart, London Printed
and bounded in Great Britain by Jarrold and Sons Ltd., Norwich
Transcription: Socialist Truth in Cyprus-London Bureaux, November
2005- March 2006
FOREWORD TO THE FIRST EDITION
This textbook of political economy has been written by a group of
economists comprising: Academician K.V. Ostrovityanov; Corresponding
Member of the V.S.S.R. Academy of Sciences D.T. Shepilov;
Corresponding Member of the V.S.S.R. Academy of Sciences L.A.
Leontyev; Member of the All- Union Lenin Academy of Agricultural
Sciences I.D. Laptev; Professor I.I.Kuzminov; Doctor of Economic
Sciences L.M. Gatovsky; Academician P.F.Yudin; Corresponding Member
of the V.S.S.R. Academy of Sciences A.I.Pashkov; and Candidate
[Master] of Economic Sciences V. I. Pereslegin, Doctor of Economic
Sciences V. N. Starovsky took part in the selection and editing of
the statistical information included in the textbook.
In connection with the drafting of the textbook a large number of
Soviet economists made valuable critical observations and
contributed numerous useful suggestions concerning the text. These
observations and suggestions were taken into account by the authors
in their subsequent work on the book.
Of very great importance for the work on this textbook was the
economic discussion organised in November 1951 by the Central
Committee of the Communist Party of the Soviet Union. In the course
of this discussion, in which hundreds of Soviet economists took an
active part, the draft for a textbook of political economy submitted
by the authors was subjected to a thorough critical examination. The
proposals worked out as the result of this discussion for improving
the draft of the textbook were an important source of improvement in
the structure of the textbook and of enrichment of its content.
The final editing of the textbook was carried out by comrades K.V.
Ostrovityanov, D.T. Shepilov, L.A. Leontyev, I.D. Laptev, I.I.
Kuzminov and L. M. Gatovsky.
Being fully aware of the importance of a Marxist textbook of
political economy, the authors intend to continue to work on further
improvement of the text, on the basis of critical observations and
suggestions which readers may make when they have acquainted
themselves with the first edition. In this connection, the authors
request readers to address their comments and suggestions on the
textbook to the following address:
Institute of Economics,
U.S.S.R. Academy of Sciences,
PRE-CAPITALIST MODES OF PRODUCTION
THE CAPITALIST MODE OF PRODUCTION
A. PRE-MONOPOLY CAPITALISM
B. MONOPOLY CAPITALISM-IMPERIALISM
THE SOCIALIST MODE OF PRODUCTION
A. THE TRANSITIONAL PERIOD FROM CAPITALISM TO SOCIALISM
B. THE SOCIALIST ECONOMIC SYSTEM
C. THE BUILDING OF SOCIALISM IN THE COUNTRIES OF PEOPLE’S DEMOCRACY