[lbo-talk] Leninist/Maoist Finance?

Chris Doss lookoverhere1 at yahoo.com
Fri Jan 6 06:03:35 PST 2006



>
> The expropriation of the rich happened by
> definition. All the assets
> of the country became the assets of the state and
> they used those to
> pay the workers.

Not during NEP. The state didn't nationalize everything until around 1930 or so. Those old NEP Art Deco advertisements for cigarettes are awesome.

(As an aside, it is untrue, though commonly asserted, that the USSR nationalized all private property. Half of all agriculture was privately grown from Brezhnev on, and small [very small] business did exist. What was illegal was having employees.)

Nu, zayats, pogodi!

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