Value of employees in the framework of labor processes within Soviet and post-Soviet metallurgical enterprises: Kazakhstan’s specifics of human capital

Main Article Content

Sergey Polevoy
Zoya Gelmanova
Nikolay Gelashvili

Abstract

Soviet and subsequently Kazakhstan’s metallurgy (as a part of it) developed for a longer period within the framework of the Marxist economic doctrine of planned management (outside the capitalist formation) and therefore outside the framework of the classically understood “theory of human capital”. Despite this fact, it should be considered that the economic system where the industry originated and existed was based on the socialist principles of personnel management. Moreover, this means that there really was a human-centricity (in this system), not because of individualism, but based on the collectivistic principle, which was based on the proletarian class. However, was this system better than the capitalist "worker exploitation system" or did it have similar problematic aspects itself, based on the exploitation of both "class enemies" and Soviet citizens? This reviewing article is presented in order to answer this question.


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How to Cite
Polevoy, S., Gelmanova, Z., & Gelashvili, N. (2026). Value of employees in the framework of labor processes within Soviet and post-Soviet metallurgical enterprises: Kazakhstan’s specifics of human capital. Scientific Collection «InterConf+», (66(283), 7–26. https://doi.org/10.51582/interconf.19-20.02.2026.001
Author Biographies

Sergey Polevoy, Karaganda National Research University named after academician Ye. A. Buketov; Republic of Kazakhstan

Master of Pedagogic Sciences, PhD student of the Department of Economics and International Business;

Zoya Gelmanova, Karaganda Industrial University; Republic of Kazakhstan

Candidate of Economic Sciences, professor of the «Economy and business» Department

Nikolay Gelashvili, Karaganda National Research University named after academician Ye. A. Buketov; Republic of Kazakhstan

Candidate of Economic Sciences, associate professor of the Department of Economics and International Business

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