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The End of the NEP

First Five Year Plan, 1928-32, Soviet industrialization, Stalin
'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? ... [FULL TEXT 1066 WORDS]

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