Liberman, Yevsei
October 1967
Foreign Affairs;Oct67, Vol. 46 Issue 1, p53
This article describes the economic reform initiated by the Soviet government since the early 1920s. The rapid rate of Soviet economic development was based upon the theory of Vladimir Lenin. The theory asserts that socialism and communism could be built in the country if public ownership of the means of production was established and the economy was centrally planned. The essential principle of the reform is that what is advantageous for society as a whole should be advantageous for each industrial enterprise. The first stage of the economic reform is dealt with certain difficulties in realizing its basic principles.


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