Determining Rates of Obsolescence Under Socialism
Abstract>p>The problem of determining the scale of obsolesence is not only of theoretical interest, but is of major practical significance as well. Under the conditions of rapid technical progress characteristic of the development of a socialist economy, particularly in its present stage, discovery of the effect of obsolescence upon amortization rates, and consequently upon calculation of costs of production is of extraordinary importance.>/p>>p>Obsolescence is a process of depreciation of fixed capital and reduction in its value due to the rise in the productivity of the labor of society. Value is, as we know, governed by the expenditure of socially necessary labor.>/p>
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by M.E. Sharpe, Inc. in its journal Problems of Economic Transition.
Volume (Year): 2 (1960)
Issue (Month): 10 (February)
Contact details of provider:
Web page: http://mesharpe.metapress.com/link.asp?target=journal&id=106047
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Chris Nguyen).
If references are entirely missing, you can add them using this form.