Skip to main content Accessibility help
×
Hostname: page-component-7bb8b95d7b-l4ctd Total loading time: 0 Render date: 2024-09-05T09:24:58.564Z Has data issue: false hasContentIssue false

2 - The Bolshevik Revolution and the Socialist Calculation Debate

Published online by Cambridge University Press:  05 June 2012

Lawrence H. White
Affiliation:
George Mason University, Virginia
Get access

Summary

Vladmir Lenin sent warm greetings in April 1919 to the socialist revolutionaries who had just seized power in Munich and declared a Bavarian Soviet Republic. Drawing on his experience eighteen months earlier leading the Bolshevik Revolution that gave Russia a Soviet Socialist government, he asked them about a checklist of concrete measures they might take, urging their “most urgent and most extensive implementation”:

[H]ave councils of workers and servants been formed in the different sections of the city; have the workers been armed; have the bourgeoisie been disarmed; has use been made of the stocks of clothing and other items for immediate and extensive aid to the workers, and especially to the farm labourers and small peasants; have the capitalist factories and wealth in Munich and the capitalist farms in its environs been confiscated; have mortgage and rent payments by small peasants been cancelled; have the wages of farm labourers and unskilled workers been doubled or trebled; have all paper stocks and all printing-presses been confiscated so as to enable popular leaflets and newspapers to be printed for the masses; has the six-hour working day with two or three-hour instruction in state administration been introduced; have the bourgeoisie in Munich been made to give up surplus housing so that workers may be immediately moved into comfortable flats; have you taken over all the banks; have you taken hostages from the ranks of the bourgeoisie; have you introduced higher rations for the workers than for the bourgeoisie; have all the workers been mobilised for defence and for ideological propaganda in the neighbouring villages?

The list concisely summarizes Lenin’s immediate agenda for consolidating power by winning over the workers. The absence of any suggestions for longer-range economic strategy hints at the problem Lenin himself faced in Moscow: because there were no concrete guidelines from Marx and Engels, economic policy had to be improvised.

Type
Chapter
Information
The Clash of Economic Ideas
The Great Policy Debates and Experiments of the Last Hundred Years
, pp. 32 - 67
Publisher: Cambridge University Press
Print publication year: 2012

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

Boettke, Peter J.The Political Economy of Soviet Socialism: The Formative Years, 1918–1928BostonKluwer Academic 1990CrossRefGoogle Scholar
Hirshliefer, JackEconomic Behavior in AdversityChicagoUniversity of Chicago Press 1987Google Scholar
Gregory, PaulBefore Command: An Economic History of Russia from Emancipation to the First Five-year PlanPrinceton, NJPrinceton University Press 1994CrossRefGoogle Scholar
Ball, Alan M.Russia’s Last Capitalists: The Nepmen, 1921–1929BerkeleyUniversity of California Press 1990Google Scholar
Polanyi-Levitt, KariMendell, MargueriteThe Origins of Market Fetishism – Critique of Friedrich Hayek’s Economic TheoryMonthly Review 41 1989 11Google Scholar
Caldwell, BruceHayek’s ChallengeChicagoUniversity of Chicago Press 2004Google Scholar
Mises, Ludwig vonCollectivist Economic PlanningLondonRoutledge 1935Google Scholar
Mises, SocialismIndianapolisLiberty Fund 1981Google Scholar
Hayek, Hayek on Hayek: An Autobiographical DialogueChicagoUniversity of Chicago Press 1994CrossRefGoogle Scholar
Hart, DavidLudwig von Mises, Money, and the Fall and Rise of Classical Liberalism in the 20th Century,Literature of Liberty 5 1982 3Google Scholar
Ebeling, Richard M.Globalization: Will Freedom or World Government Dominate the International Marketplace?Hillsdale, Mich.Hillsdale College Press 2002Google Scholar
Hülsmann, Jörg GuidoMises: The Last Knight of LiberalismAuburn, ALMises Institute 2007Google Scholar
Lavoie, DonRivalry and Central Planning: The Socialist Calculation Debate ReconsideredCambridgeCambridge University Press 1985Google Scholar
Levy, David M.Peart, Sandra J.New Palgrave Dictionary of EconomicsNew YorkPalgrave Macmillan 2008Google Scholar
Gwartney, JamesLawson, RobertEconomic Freedom of the World: 2009 Annual ReportEconomic Freedom Network 2009 http://www.freetheworld.com/release.htmlGoogle Scholar
Fitzpatrick, SheilaEveryday StalinismOxfordOxford University Press 1999Google Scholar
Levy, DavidThe Bias in Centrally Planned Prices,Public Choice 67, 1990 213CrossRefGoogle Scholar
Prychitko, David L.The Concise Encyclopedia of EconomicsIndianapolisLiberty Fund 2008Google Scholar
Smith, AdamAn Inquiry into the Nature and Causes of the Wealth of NationsCampbell, R. H.Skinner, A. S.Todd, W. B.IndianapolisLiberty 1981Google Scholar
Ricardo, DavidThe Principles of Political EconomyLondonJohn Murray 1817Google Scholar
Menger, CarlPrinciples of EconomicsNew YorkNew York University Press 1976Google Scholar
Lange, OskarOn the Economic Theory of Socialism: Part One,Review of Economic Studies 4 1936 53CrossRefGoogle Scholar
Taylor, Fred M.The Guidance of Production in a Socialist State,American Economic Review 19 1929 1Google Scholar
Dickinson, H. D.Price Formation in a Socialist Community,Economic Journal 43 1933 237CrossRefGoogle Scholar
Lerner, Abba P.Economic Theory and Socialist Economy,Review of Economic Studies 2 1934CrossRefGoogle Scholar
Lerner, The Economics of ControlNew YorkMacmillan 1940Google Scholar
Lippincott, Benjamin E.On the Economic Theory of SocialismMinneapolisUniversity of Minnesota Press 1938Google Scholar
1839
Dobb, MauriceOn Economic Theory and Socialism: Collected PapersLondonRoutledge 1953Google Scholar
Walras, LéonElements of Pure EconomicsLondonRoutledge 2003Google Scholar
Robbins, LionelThe Nature and Significance of Economic ScienceLondonMacmillan 1932Google Scholar
Mises, Ludwig vonHuman ActionChicagoHenry Regnery 1966Google Scholar
Hayek, F. A.Socialist Calculation: The Competitive Solution,Economica 7 1940 125CrossRefGoogle Scholar
Hayek, Individualism and Economic OrderChicagoGateway 1972Google Scholar
Hayek, Friedrich A. 1945
Phelps, Edmund S.Macroeconomics for a Modern Economy,American Economic Review 97 2007 543CrossRefGoogle Scholar
Lange, OskarEconomic Theory and Market Socialism: Selected Essays of Oskar LangeAldershot, UKEdward Elgar 1994Google Scholar
Lange, Oskar 1942
Kowalik, TadeuszWhy Market Socialism? Voices from DissentArmonk, NYM. E. Sharpe 1994Google Scholar
Schiff, Stacy 2006 http://www.newyorker.com/fact/content/articles/060731fa
Sowell, Thomas 2007 http://townhall.com/columnists/ThomasSowell/2007/05/16/presumptions
Caplan, BryanIs Socialism Really ‘Impossible’?Critical Review 16 2004 33CrossRefGoogle Scholar
Boettke, Peter J.Leeson, Peter T.Still Impossible after All These Years: Reply to Caplan,Critical Review 17 2005 155CrossRefGoogle Scholar
Bergson, AbramEssays in Normative EconomicsCambridge, MAHarvard University Press 1966CrossRefGoogle Scholar
Bergson, AbramMarket Socialism RevisitedJournal of Political Economy 75 1967 658CrossRefGoogle Scholar
Bergson, AbramThe Economics of Soviet PlanningNew Haven, CTYale University Press 1964Google Scholar
Levy, David M.Peart, Sandra J.Soviet Growth and American Textbooks: An Endogenous PastJournal of Economic Behavior & Organization 78 2011 110CrossRefGoogle Scholar
Samuelson, Paul A.Nordhaus, William D.EconomicsNew YorkMcGraw-Hill 1989Google Scholar
Skousen, MarkThe Perseverance of Paul Samuelson’s EconomicsJournal of Economic Perspectives 11 1997 148CrossRefGoogle Scholar
Smelev, NikolaiPopov, VladimirThe Turning PointNew YorkDoubleday 1989Google Scholar
DeLong, J. BradfordSeeing One’s Intellectual Roots: A Review Essay on James Scott’s ,Review of Austrian Economics 12 1999 257CrossRefGoogle Scholar
Roemer, JohnSocialism’s Future: An Interview with John Roemer,Imprints 3 1998 23Google Scholar
Schmidtz, DavidWhen Justice Matters,Ethics 117 2007 437CrossRefGoogle Scholar

Save book to Kindle

To save this book to your Kindle, first ensure coreplatform@cambridge.org is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.

Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

Available formats
×

Save book to Dropbox

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.

Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

Available formats
×