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Will Russia Return to Capitalism?

Authors :
Ward, Harry F.
Source :
Nation; 7/8/1925, Vol. 121 Issue 3131, p64-67, 4p
Publication Year :
1925

Abstract

State capitalism in Russia, for this and not state socialism is what the New Economic Policy really is, constitutes the intermediate stage between private capitalism and whatever form of socialism will ultimately be worked out. Under state capitalism business goes on as usual. The state capitalism of Russia is, of course, not absolute, and herein lies the possibility of its reverting into private capitalism instead of developing into state socialism and then communism according to the forecast of the Russian Marxists. The economic strategists of Russia hope to keep foreign investment as a subordinate part of their state capitalism by restrictions written into the bond of every concession.

Details

Language :
English
ISSN :
00278378
Volume :
121
Issue :
3131
Database :
Complementary Index
Journal :
Nation
Publication Type :
Periodical
Accession number :
13628288