Abstract
Circulating funds (oborotnyye sredstva) or as we may say working capital, is a Marxist economic category which is distinguished from basic funds (osnovnyye fondy) by the fact that the former, unlike the latter, are consumed in a single process of production. In Soviet business practice, however, circulating funds are defined as including also basic funds which are consumed in the course of one year. The category has many sub-divisions, some of which are ‘normed’ — i. e. should be available to an enterprise in definite quantities —while others are not.
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Notes
N. N. Rovinskig Gosudarstvennyy byudzhet SSSR (Moscow, 1944 ), p. 315.
Cf. Ya. Shenger, Razvitiye i organizatsiya kreditnoy sistemy SSSR (Moscow, 1934 ) pp. 55–6.
A. M. Birman, Oborotnyye sredstva promyshlennogo predpriyatiya (Moscow, 1949 ). p. 22.
Z. S. Katsenelenbaum, Oborotnyye sredstva v promyshlennosti SSSR (Moscow, 1945 ), p. 87.
See Raymond Hutchings, Soviet Studies, July 1961, pp. 5, 18.
S. M. Kutyrev, Balans dokhodov i raskhodov khozyaystvennoy organizatsii promyshlennosti, kniga vtoraya, chast’ tret’ya (Moscow, 1941 ), p. 123
A. Bachurin (ed.), Finansy i kredit SSSR (Moscow, 1953), p. 53.
A. G. Zverev, Pravda, 27 December 1955.
K. A. Fedoseyev, Oborotnyye sredstva promyshlennykh predpriyatiy (Moscow, 1949 ), p. 17.
K. A. Fedoseyev, Oborotnyye sredstva sotsialisticheskoy promyshlennosti i puti uskoreniya ikh oborota (Moscow, 1951 ), p. 17.
A. G. Zverev, Pravda, 27 December 1955.
Cf. Sh. Ya. Turetskiy, Vnutripromyshlennoye nakopleniye v SSSR (Moscow, 1948 ), p. 288;
K. A. Petrosyan, Sovietskiy metod industrializatsii (Moscow, 1951 ), p. 191.
G. Shvarts, Beznalichnyye vzaimnyye raschety o SSSR (Moscow, 1946), P. 44.
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© 1984 Raymond Hutchings
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Hutchings, R. (1984). Structural Influences on the Provision of Working Capital. In: The Structural Origins of Soviet Industrial Expansion. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-06882-1_6
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DOI: https://doi.org/10.1007/978-1-349-06882-1_6
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