Bolshevik Revolution Centennial Series: New Economic Policy, A Retreat from Communism
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This is the part of an extensive series about the Bolshevik Revolution and the triumphs, as well as the defeats, of the world communist movement of the 20th century. We welcome your comments and criticisms, and encourage all readers to discuss this period of history with their friends, classmates, co-workers, family, and comrades.
In 1921, the workers in the former Russian Empire were faced with building the first workers’ state on a territory with the area of one-sixth of the earth’s surface. Much of the brand-new Soviet Union’s best farmlands and economy were shattered by the imperialist devastation of World War I; widespread peasant revolts rocked the countryside while urban populations were declining; and on top of this there was a famine affecting millions of workers and farmers. The leaders of the Communist Party (nicknamed Bolsheviks in Russian) included Vladimir Lenin, who had no blueprints or previous experiences to learn from.
Lenin proposed that the Bolsheviks temporarily adopt aspects of capitalism in order to create jobs and develop industry first, and build socialism later. After considerable debate, the Bolsheviks responded with the New Economic Policy (NEP) which lasted until 1928. The NEP allowed a limited restoration of capitalism that was meant to be under the control of the Soviet Union. Lenin and others felt while this was a retreat from socialism, it was necessary for survival of the revolution to rebuild after the devastating civil war that followed the 1917 Revolution.