Oekonomik der Transformationsperiode

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Monograph

Identifikator:: 1013879643

URN:: urn:nbn:de:zbw-retromon-23338

Document type:: Monograph

Author:: Bucharin, Nikolaj Ivanovič http://d-nb.info/gnd/118516574

Title:: Oekonomik der Transformationsperiode

Place of publication:: Hamburg

Publisher:: Verlag der Kommunistischen Internationale

Year of publication:: 1922

Scope:: 1 Online-Ressource (199 Seiten)

Digitisation:: 2018

Collection:: Economics Books

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Document type:: Monograph

Structure type:: Chapter

Title:: 11. Kapitel. Der Prozeß der Weltrevolution und das Weltsystem des Kommunismus

Collection:: Economics Books

CHAPTER IV MONOPOLY The theory of value under conditions of monopoly is naturally a good deal different from the theory of value under conditions of competition, but it is not different in the sense that, with a view to its construction, a com plete re-analysis of economic facts must be made. All the generalisations concerning value which have been laid down so far apply to monopoly excepting only those which imply the existence of rivalry among suppliers of the same thing. When competition is absent, as when it is present, price is determined by demand and supply, only in the two cases demand and supply play different parts. In the latter case, competition being a driving force, price is settled, so to speak, automatic ally. In the former case, however, the con straint imposed by competitive forces upon the will of the supplier having been abstracted, demand and supply only enter into the settle ment of price in the sense that they are the 93

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