Social Policy on the Remuneration of Labor

Abstract

The seventy years that have passed since the Great October Socialist Revolution have been a time of social victories and difficult trials, the triumph of Lenin's strategy and grave errors that cost our people dearly. Against such a background, wages policy, which we shall be discussing in this article, may seem merely a secondary aspect of the process of socialist transformations. And in a certain sense it is. But the principal processes of economic development in this sphere have a direct bearing on people. The masses perceive the results of socioeconomic strategy through the payment they receive for their labor, and the ideals and principles of social justice are in practical terms embodied (or not embodied) in this sphere. Hence wages policy is by no means a secondary element of social policy as a whole.