MARXIST THEORY AND MONETARY POLICIES DURING SOCIALIST CONSTRUCTION

Lucia Lizarazu

Abstract


The paper aims to identify the main points of consensus and disagreement between monetary theory in Marx and the quantity theory of money, and motivation as a contribution to debate on the need and scope for monetary planning in socialist construction. The study allows us to conclude that monetary planning in socialist construction must ensure compliance with the law of the amount of paper money needed in the circulation and the general law of circulation, so as to guarantee the function of money as a measure of value and therefore, compliance with the proportions defined in the plan and reproduction of the socialist system.

 

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Keywords


monetary planning, Marxism, socialist construction

References


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DOI: http://dx.doi.org/10.46827/ejmms.v0i0.17

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