ABSTRACT

The change-over of capitalist industry and commerce into joint state-private enterprises is a fundamental change of ownership, a change which consists in the transformation, in the main, of capitalist ownership into socialist ownership. This transformation has resulted in the change of all kinds of relations in joint state-private enterprises. This chapter deals with some new questions of principle relating to industrial and business management which have cropped up in the transformation of capitalist industry and commerce. The central authorities as well as the provincial and municipal leading organs of the handicraft industry and the combined cooperatives of most trades should only give guidance in respect of principle and policy and not undertake purchasing and marketing operations themselves. Industrial crops and various other kinds of farm produce and check the speculative activities of the capitalists, the state, in the past, restricted the private merchants’ purchases in the rural markets.