One of the most distinguished and internationally renown legal scholars of the former Soviet Union on doubt is E. B. Pashukanis (1891-1937). He has significantly contributed to the development of legal philosophy of Marx and Engels. This article briefly introduces his legal theory of commodity exchange to those who are not familiar this his thought. For Pashukanis the starting point in a Marxist theory of Law was the determination of the conditions in which the regulation of social relations assumes a legal from. According who are not familiar with has thought. For Pashukanis the starting point in a Marxist Theory of Law was the determination of the conditions in which the regulation of social relations assumes a legal form. According to him law is fundamentally a bourgeois form of social regulation. Law arises from capitalist commodity production and exchange. Law is bourgeois because it reflects the form of this exchange. The subject of law is the abstract commodity owner. Thus the legal relations are the interrelationships between legal subjects. Since law is bourgeois and can never be a socialist or proletarian law, Pashukanis was strongly opposed to establish new law under the Stalin regime. Thus his legal theory from the very beginning antagonized the dictator. Especially he claimed the withering away of law ultimately and propagated communist social regulation being a more administration of things. For him technical rules would replace law and regulate the planned economy. Pashukanis stricture of the whole new school of legal thought in the earlier period of the former Soviet Union.