Ekonomska logika i socijalistička privreda
Economic Logic and the Socialist Economy

Summary/Abstract: In the context of the low level of socialized production in Yugoslavia, a level which Is the result of the degree of development of the society's productive forces, the attempt to substitute the mechanisms of the market and planning by all-round self-management consultation and agreement has resulted in the domination of partial and short-term interests, in the disintegration of the Yugoslav economy irrational behaviour and bureaucratic voluntarism, all of this leading to an economic and social crisis. Since the "economy without coercion" steadily manifested ever greater and intolerable weaknesses, the consequence was an intensification of state intervention and a weakening of self-management. For example, out of 25 intervention its laws enacted in the past three years. 23 of them restrict the right of control over income. The prevailing concept of the organisation of economic life goes against even the elementary logic of rational economy This is manifested in: the diminishing respect for work as the only basis of social life and progress; failure to use the price of means of production, thus ignoring the fact that they are limited and have to be rationally used: an artificially induced rise in the cost of labour due to state taxes and other levies, a disproportion in the price system: differences in personal incomes unrelated lo performance; interest rates and investment policies; a sectarian attitude towards farmers; etc. etc.

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