Marx and Engels had written that in communist societies the categories of capitalism (prices, wages, money etc) would dissapear and replaced by accounting based on labor time. Was there any discussion or attempt in countries of Eastern bloc and USSR to move towards such a system post 50s?

by Shashank1000
winniethezoo

I have a question building off of this. I think it belongs here because of its relation to what OP is asking, but I understand if it gets removed as a non-answer to their question

If Marx and Engels imagine an economy based on labor-time, how do they address the following potential issues:

  1. Labor-time inflation due to greater technology. As machines become better, we can produce things faster, and work for a shorter period of time. How does this factor in to the labor value put into a good?

  2. How do you normalize labor-time across industries? People doing different tasks will spend different amounts of time, and some labor is front-loaded with education/training. For example, a doctor spends years training to be a doctor and a miner can learn to do their job in a few weeks. How do you address their sunk labor when valuing labor-time?