Economic Problems of Socialism in the USSR

Economic Problems of Socialism in the USSR (Russian: Экономические проблемы социализма в СССР, romanized: Ekonomicheskiye problemy sotsializma v SSSR) is a work of political economy written by Joseph Stalin in 1951.

One of the main theoretical debates was on whether the law of value still operated within a socialist economy; some economists stated that Karl Marx in Das Kapital had only meant for it to apply to capitalist exchange.

[2] The main topics discussed are the following: Stalin also insisted that wars between capitalist nations were still inevitable, a position that Eugene Varga had disputed.

[3][4] Economic Problems of Socialism in the USSR was immediately translated upon its release and became a foundational political economy text in the People's Republic of China in 1952.

In his 1981 work China's Socialist Economy, Xue Muqiao would use Stalin's book as a justification for using the market mechanism in the primary stage of socialism.