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Communist Economics In Russia by Bruno S. Sergi

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Published by Akademiai Kiado .
Written in English


  • Business/Economics,
  • Economic History,
  • Europe - Russia & the Former Soviet Union,
  • Business & Economics

Book details:

The Physical Object
Number of Pages330
ID Numbers
Open LibraryOL9162221M
ISBN 109630581345
ISBN 109789630581349

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Communist economics in Russia. Budapest: Akadémiai Kiadó, © (OCoLC) Material Type: Internet resource: Document Type: Book, Internet Resource: All Authors / Contributors: Bruno S Sergi. Communist Party of the Soviet Union - Wikipedia. The most important fact to understand about the economics of communism is that communist revolutions triumphed only in heavily agricultural societies. 1 Government ownership of the means of production could not, therefore, be achieved by expropriating a few industrialists. Lenin recognized that the government would have to seize the land of tens of millions of peasants, . In economics, shock therapy is the sudden release of price and currency controls (economic liberalization), withdrawal of state subsidies, and immediate trade liberalization within a country, usually also including large-scale privatization of previously public-owned assets. West Germany Background. Economic reforms.

y the time the Soviet Union was officially dissolved in , analysts and politicians declared the breakup as the death knell of communism, but a new book by two Economics professors questions whether a true communist class structure ever existed in the USSR. It appears that Marx’s book The Communist Manifesto, written in , is currently the most assigned economics book on US college campuses, according to . In May, , under strong pressure from the Third (Communist) International, or Comintern, the Communist groups in the United States were united as the Communist Party of America. The Comintern also forced a change away from revolutionary militancy to working through established labor organizations and developing a mass following. A communist economic system is an economic system where, in theory, economic decisions are made by the community as a whole. In reality, however, attempts to establish communism have ended up creating state-driven authoritarian economies and regimes which benefit single party political élite who are not accountable to the people or community.

  In recent years, I have given a number of presentations to high-school and college students on the importance of economic freedom and the persistent threat of socialism – as witnessed, for example, by the recent economic meltdown in Venezuela.. One problem that I have encountered is that young people today do not have a personal memory of the Cold War, let . The theoretical basis of Communism, as far as actual statements of theory are concerned, is very limited. In its most general aspects, of course, Communism is founded upon the Marxian analysis, or, to be exact, upon Lenin's interpretation of the writings of Karl Marx and Friedrich Engels.   A communist government was established in result, as the Soviet Union (Moran & Harris, Pg. ). Due to communist rule, the Soviet Union government approved the NEP (New Economic Policy) which called for virtually all aspects of the economy to be centrally planned. In Russia, efforts to build communism began after Tsar Nicholas II lost his power during the February Revolution, and ended with the dissolution of the USSR in The Provisional Government was established under Prince Lvov, however, the Bolsheviks refused to accept the government and revolted in October , taking control of Russia. Vladimir Lenin, their .