Neue Oekonomische Politik (NEP): Privatkapital in Industrie und Handel der Union der S. S. R.

Sarabianow, Wladimir (Vladimir Sarabianov). Neue Oekonomische Politik (NEP): Privatkapital in Industrie und Handel der Union der S. S. R. Berlin: Neuer Deutscher Verlag, [1925]. First German-language edition.

Large octavo. 30, [2]pp. Original printed wrappers.

This scarce panegyric booklet explains the new economic policy of Soviet Russia proposed by Vladimir Lenin. The New Economic Policy (NEP) – called “state capitalism” by Lenin himself – represented a more capitalism-oriented economic policy, deemed necessary after the Russian Civil War of 1917 to 1922, to foster the economy of the country, which was almost ruined.

The complete nationalization of industry, established during the period of War Communism, was partially revoked and a system of mixed economy was introduced, which allowed private individuals to own small enterprises, while the state continued to control banks, foreign trade, and large industries. In addition, the NEP abolished prodrazvyorstka (forced grain requisition) and introduced prodnalog: a tax on farmers, payable in the form of raw agricultural product. The Bolshevik government adopted the NEP in the course of the 10th Congress of the All-Russian Communist Party (March 1921) and promulgated it by a decree on 21 March 1921.

Wrappers sunned. Pages slightly age-toned throughout. Text in German. Wrappers in overall good-, interior in good+ to very good condition. g- to vg. Softcover. (40724) $65