New Economic Policy
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New Economic Policy
The New Economic Policy (NEP) () was an economic policy of the Soviet Union proposed by Vladimir Lenin in 1921 as a temporary expedient. Lenin characterized the NEP in 1922 as an economic system that would include "a free market and capitalism, both subject to state control", while socialized state enterprises would operate on "a profit basis". The NEP represented a more market-oriented economic policy (deemed necessary after the Russian Civil War of 1918 to 1922) to foster the economy of the country, which had suffered severely since 1915. The Soviet authorities partially revoked the complete nationalization of industry (established during the period of war communism of 1918 to 1921) and introduced a mixed economy which allowed private individuals to own small and medium sized enterprises, while the state continued to control large industries, banks and foreign trade. In addition, the NEP abolished ''prodrazvyorstka'' (forced grain-requisition) and introduced ''prodnalog'': a t ...
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Economic Policy
The economy of governments covers the systems for setting levels of taxation, government budgets, the money supply and interest rates as well as the labour market, national ownership, and many other areas of government interventions into the economy. Most factors of economic policy can be divided into either fiscal policy, which deals with government actions regarding taxation and spending, or monetary policy, which deals with central banking actions regarding the money supply and interest rates. Such policies are often influenced by international institutions like the International Monetary Fund or World Bank as well as political beliefs and the consequent policies of parties. Types of economic policy Almost every aspect of government has an important economic component. A few examples of the kinds of economic policies that exist include: *Macroeconomic stabilization policy, which attempts to keep the money supply growing at a rate that does not result in excessive inflatio ...
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NEPman
NEPmen (russian: Нэпманы, translit=Nepmani) were businesspeople in the early Soviet Union, who took advantage of the opportunities for private trade and small-scale manufacturing provided under the New Economic Policy (NEP, 1921-1928). The famine of 1921–1922 epitomized the adverse effects of war communism, and to mitigate those effects, Vladimir Lenin instituted the NEP, which encouraged private buying and selling, with people even being encouraged to "enrich yourselves", as one Bolshevik leader, Nikolai Bukharin, put it. However, many Bolsheviks saw the policy as "a step backwards". That included Lenin himself, who defended the measure as "taking one step backward to take two steps forward later on". The biggest group of the 3 million or so NEPmen were engaged in handicrafts in the countryside, but those who traded or ran small businesses in the cities faced the most negative attitudes, especially because some amassed considerable fortunes. One of the main objectives ...
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Kronstadt Rebellion
The Kronstadt rebellion ( rus, Кронштадтское восстание, Kronshtadtskoye vosstaniye) was a 1921 insurrection of Soviet sailors and civilians against the Bolshevik government in the Russian SFSR port city of Kronstadt. Located on Kotlin Island in the Gulf of Finland, Kronstadt defended the former capital city, Petrograd, as the base of the Baltic Fleet. For sixteen days in March 1921, rebels in Kronstadt's naval fortress rose in opposition to the Soviet government they had helped to consolidate. Led by Stepan Petrichenko, it was the last major revolt against the Bolshevik regime on Russian territory during the Russian Civil War. Disappointed in the direction of the Bolshevik government, the rebels—whom Leon Trotsky himself had praised earlier as "adornment and pride of the revolution"—demanded a series of reforms: reduction in Bolshevik power, newly elected ''soviet'' councils to include socialist and anarchist groups, economic freedom for peasants an ...
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Russian Famine Of 1921
Russian(s) refers to anything related to Russia, including: *Russians (, ''russkiye''), an ethnic group of the East Slavic peoples, primarily living in Russia and neighboring countries *Rossiyane (), Russian language term for all citizens and people of Russia, regardless of ethnicity *Russophone, Russian-speaking person (, ''russkogovoryashchy'', ''russkoyazychny'') *Russian language, the most widely spoken of the Slavic languages *Russian alphabet *Russian cuisine *Russian culture *Russian studies Russian may also refer to: *Russian dressing *''The Russians'', a book by Hedrick Smith *Russian (comics), fictional Marvel Comics supervillain from ''The Punisher'' series *Russian (solitaire), a card game * "Russians" (song), from the album ''The Dream of the Blue Turtles'' by Sting *"Russian", from the album ''Tubular Bells 2003'' by Mike Oldfield *"Russian", from the album '' '' by Caravan Palace *Nik Russian, the perpetrator of a con committed in 2002 *The South African name for a ...
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Barter
In trade, barter (derived from ''baretor'') is a system of exchange in which participants in a transaction directly exchange goods or services for other goods or services without using a medium of exchange, such as money. Economists distinguish barter from gift economies in many ways; barter, for example, features immediate reciprocal exchange, not one delayed in time. Barter usually takes place on a bilateral basis, but may be multilateral (if it is mediated through a trade exchange). In most developed countries, barter usually exists parallel to monetary systems only to a very limited extent. Market actors use barter as a replacement for money as the method of exchange in times of monetary crisis, such as when currency becomes unstable (such as hyperinflation or a deflationary spiral) or simply unavailable for conducting commerce. No ethnographic studies have shown that any present or past society has used barter without any other medium of exchange or measurement, and an ...
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Black Market
A black market, underground economy, or shadow economy is a clandestine market or series of transactions that has some aspect of illegality or is characterized by noncompliance with an institutional set of rules. If the rule defines the set of goods and services whose production and distribution is prohibited by law, non-compliance with the rule constitutes a black market trade since the transaction itself is illegal. Parties engaging in the production or distribution of prohibited goods and services are members of the . Examples include the illegal drug trade, prostitution (where prohibited), illegal currency transactions, and human trafficking. Violations of the tax code involving income tax evasion in the . Because tax evasion or participation in a black market activity is illegal, participants attempt to hide their behavior from the government or regulatory authority. Cash is the preferred medium of exchange in illegal transactions since cash transactions are less-easi ...
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Bag People
Bag people (russian: мешочники, ''meshochniks'', or "people with bags") is a term in Russian and other Slavic languages that refers to people doing small trade for personal profit, recognizable by their large sacks. Some of them were people from the cities travelling to the countryside to buy food for small scale trade or for personal consumption, often exchanging it for material goods from farmers due to collapse of the monetary system. Others were people from the countryside doing the opposite trade. Historically, the ''bag people'' have appeared in response to economic and political collapse that ended organized delivery and distribution of food in the cities. The phenomenon was very widespread during and soon after the Russian Revolution. It also flourished throughout Eastern Europe and Germany after the devastation of World War I. No well-known English language term for this phenomenon exists. With the devastation of the economy during the Russian Civil War and th ...
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Petrograd
Saint Petersburg ( rus, links=no, Санкт-Петербург, a=Ru-Sankt Peterburg Leningrad Petrograd Piter.ogg, r=Sankt-Peterburg, p=ˈsankt pʲɪtʲɪrˈburk), formerly known as Petrograd (1914–1924) and later Leningrad (1924–1991), is the second-largest city in Russia. It is situated on the Neva River, at the head of the Gulf of Finland on the Baltic Sea, with a population of roughly 5.4 million residents. Saint Petersburg is the fourth-most populous city in Europe after Istanbul, Moscow and London, the most populous city on the Baltic Sea, and the world's northernmost city of more than 1 million residents. As Russia's Imperial capital, and a historically strategic port, it is governed as a federal city. The city was founded by Tsar Peter the Great on 27 May 1703 on the site of a captured Swedish fortress, and was named after apostle Saint Peter. In Russia, Saint Petersburg is historically and culturally associated with th ...
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War Communism
War communism or military communism (russian: Военный коммунизм, ''Voyennyy kommunizm'') was the economic and political system that existed in Soviet Russia during the Russian Civil War from 1918 to 1921. According to Soviet historiography, the ruling Bolshevik administration adopted this policy with the goal of keeping towns (the proletarian power-base) and the Red Army stocked with food and weapons since circumstances dictated new economic measures. During the civil war, the old capitalist market-based system was unable to produce food and expand the industrial base. War communism has often been described as simple authoritarian control by the ruling and military castes to maintain power and control in the Soviet regions, rather than any coherent political ideology. War communism began in June 1918, enforced by the Supreme Economic Council (russian: Высший Совет Народного Хозяйства), known as the Vesenkha. It ended on 21 March 1921 w ...
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Counter-revolutionary
A counter-revolutionary or an anti-revolutionary is anyone who opposes or resists a revolution, particularly one who acts after a revolution in order to try to overturn it or reverse its course, in full or in part. The adjective "counter-revolutionary" pertains to movements that would restore the state of affairs, or the principles, that prevailed during a prerevolutionary era. Definition A counter-revolution is opposition or resistance to a revolutionary movement. It can refer to attempts to defeat a revolutionary movement before it takes power, as well as attempts to restore the old regime after a successful revolution. Europe France The word "counter-revolutionary" originally referred to thinkers who opposed themselves to the 1789 French Revolution, such as Joseph de Maistre, Louis de Bonald or, later, Charles Maurras, the founder of the ''Action française'' monarchist movement. More recently, it has been used in France to describe political movements that reject the lega ...
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Bolsheviks
The Bolsheviks (russian: Большевики́, from большинство́ ''bol'shinstvó'', 'majority'),; derived from ''bol'shinstvó'' (большинство́), "majority", literally meaning "one of the majority". also known in English as the Bolshevists,. It signifies both Bolsheviks and adherents of Bolshevik policies. were a far-left, revolutionary Marxist faction founded by Vladimir Lenin that split with the Mensheviks from the Marxist Russian Social Democratic Labour Party (RSDLP), a revolutionary socialist political party formed in 1898, at its Second Party Congress in 1903. After forming their own party in 1912, the Bolsheviks took power during the October Revolution in the Russian Republic in November 1917, overthrowing the Provisional Government of Alexander Kerensky, and became the only ruling party in the subsequent Soviet Russia and later the Soviet Union. They considered themselves the leaders of the revolutionary proletariat of Russia. Their beli ...
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