Within the co-operative society based on common ownership of the means of production, the producers do not exchange their products; just as little does the labour employed on the product appear here as the value of these products, as a material quality possessed by them, since now, in contrast to capitalist society, individual labour no longer exists in an indirect fashion but directly as a component part of the total labour.1
KeywordsSocial Capital Private Property Social Power Black Market Directing Centre
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- 5.G. Kozlov, ‘Sotialism i tovarno-denezhnyie otnosheniya’, Voprosy Ekonomiki No. 11 (Moscow, 1960) pp. 18–19 (emphasis added).Google Scholar
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