New Economic Policy

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The New Economic Policy[a] was a economy policy formed by Vladimir Lenin in 1921.[1] The NEP consists of capitalism under a dictatorship of the proletariat.

Capitalism under the DotP was theorized by Lenin to be useful to develop the industrial proletariat.


References

  1. ↑ Vladimir Illyovich Lenin (1921). The New Economic Policy. Bulletin of the Second All-Russia Congress of Political Education Departments. [MIA]

Notes

  1. ↑ Russian: Новая Экономическая Политика
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