The basic economic law of modern capitalism, also known as the “basic economic law of monopoly capitalism”, are presented in the book Economic Problems of Socialism in the U.S.S.R., section 7, “The Basic Economic Laws of Modern Capitalism and Socialism”. This book was written by Stalin between February and September 1952 in connection with the issues of the November 1951 Seminar on economic problems. It was published in the 18th issue of the Bolshevik magazine in 1952 and in the second volume of the first edition of Selected Works of Stalin…
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