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Tony Cliff

State Capitalism in Russia

Chapter 7:
Russian economy and the Marxian law of value and theory of capitalist crisis
(Economic determinism in the Stalinist regime)

Introduction

The Marxian law of value

The applicability of the law of value to capitalist monopoly

State monopoly capitalism and the law of value

The Marxian law of value and the Russian economy viewed in isolation from world capitalism

The Marxian law of value and the Russian economy viewed in its relation with world capitalism

Can there be world state capitalism?

Marx’s theory of capitalist crisis

State capitalism and the crisis – the posing of the problem

Bukharin on the crisis in state capitalism

Tugan-Baranovsky’s “solution”

Production and consumption of means of destruction

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Last updated on 26.7.2002