The End of the NEP
'The victory of the Five Year Plan is a blow against capitalism'
EXTRACT FOR SUBSCRIBERS ONLY. Orlando Figes, Revolutionary Russia, 1891-1991 (Pelican, 2014), pp. 200-204
The debate about the NEP came down to a question about time. How long would it take for the Soviet Union to industrialize through the mechanisms which the NEP allowed - accumulating capital by taxing peasant farms and market sales, fixing prices to favour industry, and exporting grain to pay for new machinery? ...
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