Price-Fixing and the Decentralization of Planning
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In a planned economy, price policy is one of the most important methods of exercising control over the process of ‘social reproduction’, i.e. of the production, marketing, and consumption of goods. In principle, collective ownership of the major means of production can ensure that prices develop in an orderly manner and that their levels and fluctuations are subordinated to the growth requirements of the economy as a whole.
KeywordsNational Economy Price Policy Central Authority Plan Economy Retail Prex
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