Theme 2: Economy Lenin 1918-21

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  • Created by: ARQ
  • Created on: 22-05-22 20:13
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  • Economy: Lenin 1918-21
    • Objectives
      • Modernisation
        • Believed socialism needed advanced economy
      • Consolidation
        • Achieve economic stability to retain power
      • Destruction of capitalism
        • Create economy more efficient than capitalism
        • End inequality
      • Military victory
        • Supply Red Army prioritised during Civil War
    • Often put immediate pragmatic goals over long term ideological goals
    • War Communism
      • 1918-21
      • Emergency economic measures to ensure Communist CW victory
      • Nationalisation of ALL industry
      • Food dictatorship
        • Grain requisitioned and rationed by state
        • Food free market abolished
        • Workers and soldiers largest rations
          • Smallest given to bourgeoisie
      • 11hr working day
        • Compulsory work for all men 16-50
    • State Capitalism
      • March 1918
      • Nationalisation of large industry
        • Ownership of industry passed onto State
      • Control of nationalised industries passed down to Vesenkha
        • Coordinated production to meet societal needs
        • Offered higher pay to productive workers
          • incentivise + discipline
        • Factories + economy managed by high paid experts
          • > efficient
      • Temporary, pragmatic measure
    • Consequences of War Communism
      • War victory but economic ruin
      • No incentives for workers
        • Economic crisis
      • 1920 countryside famine
        • 1921 harvest half of 1913 harvest
          • 6m dead
        • Workers fled cities looking for food
          • Industrial workforce declined by 1.4m from 197 to 1921

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