The purpose of this study is to identify ways to enhance the role of the state in the technological modernization of the economy. Results. The paths and means necessary to significantly accelerate technological development have been identified. The primary source of funds can only be surplus value, which is currently used for consumer spending or exported from the country. By levying an additional tax on the income of the wealthiest segment of society, the state could generate an additional 9 trillion rubles annually for the budget. This would significantly increase technology imports, eliminate the outflow of value from the country, revive and build a significant number of enterprises in machine tool manufacturing and related industries, increase equipment production, achieve technological sovereignty in mechanical engineering, accelerate the renewal of fixed assets and import substitution, and expand equipment exports. This would also reduce inflation and bank interest rates, and increase investment in fixed assets. The tax burden on the income of the wealthiest segment of society would remain lower than in most industrialized countries, and inequality rates would be higher than in these countries. Conclusions. Using the additional portion of surplus value for the country’s defense and development would reinforce the government’s call for uniting society for victory through practical action and would undoubtedly win the approval of workers. At the same time, the most effective way to address Russia’s economic problems is to transition to the path of building socialism. Future research focuses on a more detailed examination of ways to increase the role of the state in the economy. The scope of the results is the study of issues related to the Russian economy.
role of the state in the economy, technological development, the role of machine tool building, ways and means of accelerating technological development, utilization of surplus value, income tax
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