A new method has been introduced for calculating the profitability of industrial production that relates profit to the enterprise cost of production, less direct material expenditures.

The 20th Congress of the CPSU posed a number of big and important tasks in the concrete economics of industry. Our economic science has a special role to play in the accomplishment of these tasks. It must seriously tackle problems of simplifying the system of production management, improving...

The resolutions of the September (1965) Plenary Meeting of the CPSU Central Committee were greeted everywhere with great satisfaction, since they meet the demands of life, of objective economic laws, and they follow from the fundamental tasks involved in building the material and technical basis...

The new Party Program adopted by the 22nd Congress of the CPSU presents a number of fundamental propositions from which one should proceed when assessing established planning practice. Of these, the following are most essential for the subject under consideration: "The economic independence and...

The decisions of the Twenty-fifth Party Congress on the general improvement of the effectiveness of production in the Tenth Five-Year Plan and in subsequent periods and on the reliance on quality indicators require preeminently the harmonious efforts of all elements of the production apparatus....

In his article "For Flexible Economic Management of Enterprises" (>u>Pravda>/u>, August 17, 1964), Academician V. Trapeznikov has raised the question of substantially increasing the efficiency of our production on the basis of a correct utilization of profits. This is a trend that many will welcome.

In its February 12 issue this year uTime/u magazine carried my picture on its cover, with the prominent caption, "The Communist Flirtation with Profits." The cover story, entitled "Borrowing from the Capitalists," made many references to my writings and statements, and drew conclusions vastly...

The resolutions of the September Plenary Meeting of the CPSU Central Committee give effect to one of the most important principles of socialist economics, namely, uthat what is good for society should be good for every enterprise and every one of its workers./u And this will be achieved through...

It is necessary to find a sufficiently simple and, at the same time, substantiated solution for one of the major tasks set by the CPSU Program, which is uto develop a system of planning and assessing the work of enterprises so that they will be vitally interested in the highest possible plan...

Throughout the entire history of Soviet economic development, cost accounting has played a most important part as a method for the planned management of socialist enterprises. As early as the beginning of the rehabilitation period, Lenin pointed out that solid bridges to socialism must be built...