Political Implications of Economic Relations Within Commecon Cover Image

Političke implikacije ekonomskih odnosa u SEV-u
Political Implications of Economic Relations Within Commecon

Author(s): Vlatko Mileta
Subject(s): Politics, Political Sciences, Political economy
Published by: Fakultet političkih znanosti u Zagrebu
Keywords: Political Implications; Economic Relations; Commecon;

Summary/Abstract: The demand for an improvement of the commodity — monetary relations between the socialist countries associated in Commecon is encountered In all recent programmatic documents of that economic grouping and is regarded as a permanent task. This question is treated in many debates as a fundamental political issue affecting the further course of cooperation. It has, namely, become evident that, with commodity-monetary relations performing the function of agents of planning, economic cooperation of the member states chiefly derives from objective processes and the mode in which the given commodity values are formed. The central issue of commodity-monetary relations within Commecon is the question of the operation of the law of value. The days when the operation of the law of value was refuted are far behind. Such questions are no longer raised. Instead of debating whether the law of value operates in the socialist economy, the discussions today centre on the forms in which it is manifested in socialist economies and in relations between them. The fact that commodity-monetary relations are present in the relations between socialist countries leads to the automatic conclusion that the law of value operates within these relations. It is a question, however, whether exchange between them is the exchange of equivalents or whether it is an unequivalent exchange. Both in theory and in actual economic cooperation, different views on this have emerged, and differing concepts are espoused involving considerable political connotations.

  • Issue Year: XXII/1985
  • Issue No: 01+02
  • Page Range: 105-117
  • Page Count: 13
  • Language: Croatian