The growth of labor productivity is one of the most important aspects of the economic competition of the two world systems. The cyclical development of capitalist countries has been accompanied by inflation, a high level of unemployment, an energy crisis, a slackening growth rate of labor...

Under the conditions of industrial capitalism, competition contributed to the concentration of industry. This resulted in the biggest enterprises dominating the economy and in the formation of monopolies. Concentration of means of production reduces administrative expenses, expenditures for...

Scientific and technical progress is exerting a more and more profound influence on the economic structure of the national economy and on the productivity of social labor.

Labor productivity and accumulation are interrelated: the growth of the former is the cause and effect of the latter. In the face of scientific and technical progress, labor productivity becomes an especially powerful lever of accumulation that influences its rate and size, its norm and...