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Primitive Socialist Accumulation
Primitive socialist accumulation, sometimes referred to as the socialist accumulation, was a concept put forth in the early Soviet Union during the period of the New Economic Policy. It was developed as a counterpart to the process of the primitive accumulation of capital that took place during the early stages and development of capitalist economies. Because the Soviet economy was underdeveloped and largely agrarian in nature, the Soviet Union would have to be the agent of primitive capital accumulation to rapidly develop the economy. The concept was proposed originally as a means to industrialize the Russian economy through extracting surplus from the peasantry to finance the industrial sector. History The major proponent of the concept was Yevgeni Preobrazhensky in his 1926 work ''The New Economics'' which was based on his 1924 lecture in the Communist Academy, titled ''The Fundamental Law of Socialist Accumulation''. The concept was proposed during the period of the New Ec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Soviet Union
The Soviet Union,. officially the Union of Soviet Socialist Republics. (USSR),. was a transcontinental country that spanned much of Eurasia from 1922 to 1991. A flagship communist state, it was nominally a federal union of fifteen national republics; in practice, both its government and its economy were highly centralized until its final years. It was a one-party state governed by the Communist Party of the Soviet Union, with the city of Moscow serving as its capital as well as that of its largest and most populous republic: the Russian SFSR. Other major cities included Leningrad (Russian SFSR), Kiev (Ukrainian SSR), Minsk ( Byelorussian SSR), Tashkent (Uzbek SSR), Alma-Ata (Kazakh SSR), and Novosibirsk (Russian SFSR). It was the largest country in the world, covering over and spanning eleven time zones. The country's roots lay in the October Revolution of 1917, when the Bolsheviks, under the leadership of Vladimir Lenin, overthrew the Russian Provisional Government ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Price Control
Price controls are restrictions set in place and enforced by governments, on the prices that can be charged for goods and services in a market. The intent behind implementing such controls can stem from the desire to maintain affordability of goods even during shortages, and to slow inflation, or, alternatively, to ensure a minimum income for providers of certain goods or to try to achieve a living wage. There are two primary forms of price control: a price ceiling, the maximum price that can be charged; and a price floor, the minimum price that can be charged. A well-known example of a price ceiling is Rent regulation, rent control, which limits the increases that a landlord is permitted by government to charge for rent. A widely used price floor is minimum wage (wages are the price of labor). Historically, price controls have often been imposed as part of a larger incomes policy package also employing wage controls and other regulatory elements. Although price controls are routin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Scissors Crisis
The Scissors Crisis is the name for an incident in early 1923 Soviet history during the New Economic Policy (NEP), when there was a widening gap (" price scissors") between industrial and agricultural prices. The term is now used to describe this economic circumstance in many periods of history. Like the blades of a pair of open scissors, the prices of industrial and agricultural goods diverged, reaching a peak in October 1923 where industrial prices were 276 percent of their 1913 levels, while agricultural prices were only 89 percent. The name was coined by Leon Trotsky after the scissors-shaped price/time graph. This meant that peasants' incomes fell, and it became difficult for them to buy manufactured goods. As a result, peasants began to stop selling their produce and revert to subsistence farming, leading to fears of a famine. Causes A similar crisis had occurred in 1916, when for example the price of rye rose by 47% whereas that of a pair of boots rose by 334%. The crisi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of The Soviet Union
The economy of the Soviet Union was based on state ownership of the means of production, collective farming, and industrial manufacturing. An administrative-command system managed a distinctive form of central planning. The Soviet economy was characterized by state control of investment, a dependence on natural resources, shortages of many consumer goods, little foreign trade, public ownership of industrial assets, macroeconomic stability, negligible unemployment and high job security. Beginning in 1930, the course of the economy of the Soviet Union was guided by a series of five-year plans. By the 1950s, the Soviet Union had rapidly evolved from a mainly agrarian society into a major industrial power. Its transformative capacity meant communism consistently appealed to the intellectuals of developing countries in Asia. Impressive growth rates during the first three five-year plans (1928–1940) are particularly notable given that this period is nearly congruent with the Gr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Capitalism
Capitalism is an economic system based on the private ownership of the means of production and their operation for Profit (economics), profit. Central characteristics of capitalism include capital accumulation, competitive markets, price system, private property, Property rights (economics), property rights recognition, voluntary exchange, and wage labor. In a market economy, decision-making and investments are determined by owners of wealth, property, or ability to maneuver capital or production ability in Capital market, capital and financial markets—whereas prices and the distribution of goods and services are mainly determined by competition in goods and services markets. Economists, historians, political economists and sociologists have adopted different perspectives in their analyses of capitalism and have recognized various forms of it in practice. These include ''Laissez-faire capitalism, laissez-faire'' or free-market capitalism, anarcho-capitalism, state capi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Capital Accumulation
Capital accumulation is the dynamic that motivates the pursuit of profit, involving the investment of money or any financial asset with the goal of increasing the initial monetary value of said asset as a financial return whether in the form of profit, rent, interest, royalties or capital gains. The aim of capital accumulation is to create new fixed and working capitals, broaden and modernize the existing ones, grow the material basis of social-cultural activities, as well as constituting the necessary resource for reserve and insurance. The process of capital accumulation forms the basis of capitalism, and is one of the defining characteristics of a capitalist economic system.''Capital'', Encyclopedia on Marxists.org: http://marxists.org/glossary/terms/c/a.htm#capital Definition The definition of capital accumulation is subject to controversy and ambiguities, because it could refer to: *a ''net addition'' to existing wealth *a ''redistribution'' of wealth. Most often, capi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Minimum Wage
A minimum wage is the lowest remuneration that employers can legally pay their employees—the price floor below which employees may not sell their labor. Most countries had introduced minimum wage legislation by the end of the 20th century. Because minimum wages increase the cost of labor, companies often try to avoid minimum wage laws by using gig workers, by moving labor to locations with lower or nonexistent minimum wages, or by automating job functions. The movement for minimum wages was first motivated as a way to stop the exploitation of workers in sweatshops, by employers who were thought to have unfair bargaining power over them. Over time, minimum wages came to be seen as a way to help lower-income families. Modern national laws enforcing compulsory union membership which prescribed minimum wages for their members were first passed in New Zealand in 1894. Although minimum wage laws are now in effect in many jurisdictions, differences of opinion exist about the benefit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gulag
The Gulag, an acronym for , , "chief administration of the camps". The original name given to the system of camps controlled by the GPU was the Main Administration of Corrective Labor Camps (, )., name=, group= was the government agency in charge of the Soviet network of forced labour camps which were set up by order of Vladimir Lenin, reaching its peak during Joseph Stalin's rule from the 1930s to the early 1950s. English-language speakers also use the word ''gulag'' in reference to each of the forced-labor camps that existed in the Soviet Union, including the camps that existed in the post-Lenin era. The Gulag is recognized as a major instrument of political repression in the Soviet Union. The camps housed a wide range of convicts, from petty criminals to political prisoners, a large number of whom were convicted by simplified procedures, such as NKVD troikas or other instruments of extrajudicial punishment. In 1918–22, the agency was administered by the Cheka, follow ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Piece Work
Piece work (or piecework) is any type of employment in which a worker is paid a fixed piece rate for each unit produced or action performed, regardless of time. Context When paying a worker, employers can use various methods and combinations of methods. Some of the most prevalent methods are: paid a wage by the hour (known as "time work"); paid an annual salary; salary plus commission (common in sales jobs); base salary or hourly wages plus gratuities (common in service industries); salary plus a possible bonus (used for some managerial or executive positions); salary plus stock options (used for some executives and in start-ups and some high tech firms); salary pool systems; gainsharing (also known as "profit sharing"); paid by the piece – the number of things they make, or tasks they complete (known as ‘output work’); or paid in other ways (known as ‘unmeasured work’). Some industries where piece rate pay jobs are common are agricultural work, cable installation, c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Working Class
The working class (or labouring class) comprises those engaged in manual-labour occupations or industrial work, who are remunerated via waged or salaried contracts. Working-class occupations (see also " Designation of workers by collar colour") include blue-collar jobs, and most pink-collar jobs. Members of the working class rely exclusively upon earnings from wage labour; thus, according to more inclusive definitions, the category can include almost all of the working population of industrialized economies, as well as those employed in the urban areas (cities, towns, villages) of non-industrialized economies or in the rural workforce. Definitions As with many terms describing social class, ''working class'' is defined and used in many different ways. The most general definition, used by many socialists, is that the working class includes all those who have nothing to sell but their labour. These people used to be referred to as the proletariat, but that term has gone out of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joseph Stalin
Joseph Vissarionovich Stalin (born Ioseb Besarionis dze Jughashvili; – 5 March 1953) was a Georgian revolutionary and Soviet political leader who led the Soviet Union from 1924 until his death in 1953. He held power as General Secretary of the Communist Party of the Soviet Union (1922–1952) and Chairman of the Council of Ministers of the Soviet Union (1941–1953). Initially governing the country as part of a collective leadership, he consolidated power to become a dictator by the 1930s. Ideologically adhering to the Leninist interpretation of Marxism, he formalised these ideas as Marxism–Leninism, while his own policies are called Stalinism. Born to a poor family in Gori in the Russian Empire (now Georgia), Stalin attended the Tbilisi Spiritual Seminary before joining the Marxist Russian Social Democratic Labour Party. He edited the party's newspaper, ''Pravda'', and raised funds for Vladimir Lenin's Bolshevik faction via robberies, kidnappings and protection ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Left Opposition
The Left Opposition was a faction within the Russian Communist Party (b) from 1923 to 1927 headed ''de facto'' by Leon Trotsky. The Left Opposition formed as part of the power struggle within the party leadership that began with the Soviet founder Vladimir Lenin's illness and intensified with his death in January 1924. Originally, the battle lines were drawn between Trotsky and his supporters who signed The Declaration of 46 in October 1923 on the one hand and a triumvirate (also known by its Russian name ''troika'') of Comintern chairman Grigory Zinoviev, Communist Party General Secretary Joseph Stalin and Politburo chairman Lev Kamenev on the other hand. The Left Opposition argued that the New Economic Policy had weakened the Soviet Union by allowing the private sector to achieve an increasingly important position in the Soviet economy while in their opinion, the centrally planned, socialised sector of the economy languished (including the mostly state-run heavy industries wh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
