Private Capital in the USSR -1927- Initial formation of bourgeois capital in the USSR
Initial formation of bourgeois capital in the USSR
The Bourgeois capital did not completely disappear and did not stop its activity even at the height of war communism. But the absolute value of the funds at his disposal was comparatively small - the confiscation of capitalist property, carried out by us in 1917-1919, was still too fresh and sufficiently thorough. Of course, there was a certain amount of gold coins, precious stones, etc. hidden away. But since they were in the hands of the capitalists, they were largely lying at that time in anticipation of a better future, while spending on the purchase of food for their owners, etc. The entrepreneurial activity of pre-revolutionary capitalists in the era of war communism was reduced only to speculation in depreciating pieces of paper of various denominations (tsarist, Duma, Kerensky, canceled loans and shares, Soviet signs, etc. ) and foreign exchange (the influx of which could not then be particularly large, which narrowed the scope of speculation) and to the partial financing of bagging. Basically, the bagging of the Civil War period was reduced to the trips of workers and peasants for food for their own families. In an entrepreneurial way, with a network of agents, etc. bagging began to be put more towards the end of this period. Judging by estimates of the present cash flow of private capital in the country and by tentative data on the rate of its accumulation, it is difficult to think that the real entrepreneurial accumulation (on bagging, hard currency, etc.) of the pre-revolutionary and newly created bourgeoisie together amounted to the beginning of the new economic policy (1921) more than one hundred and fifty million rubles. Rather, less. Moreover, including already here all the reserves of cash gold that have survived from the bourgeoisie. A significant part of the gold coins, rings, etc., left by the population. was hidden in general by "little people" who were not engaged in any trade or other business.
The history of the accumulation of bourgeois capital in such proportions that it acquires some, albeit secondary, significance in the national economy of the country, begins with us, therefore, only with the New Economic Policy, since 1921. Then, firstly, state bodies received the right to economic connection with private entrepreneurs, and secondly, private individuals received the right of economic entrepreneurship. At the same time, under the New Economic Policy, a legal opportunity arose for those individual successful handicraftsmen, small traders or peasants who had previously been prevented by the conditions of war communism from developing into entrepreneurs of the exploiting type.
We created NEP, as you know, for both external and internal reasons. True, external ones (the possibilities of an influx of foreign capital to improve our economy) have so far not yielded much (although the results are gradually increasing). But on the other hand, the internal ones have already fully justified themselves. The economy of the country, which was resting after a long war, began to rise rapidly in the commodity-market forms familiar to the petty-bourgeois majority of the population. As the state economy strengthened by virtue of this, we were able to invest increasingly socialist content in commodity-market forms (the growth of state industry, industrialization in the hands of the proletariat). But along the way, by virtue of the very restoration of commodity-market forms, bourgeois entrepreneurship was also restored.
"We didn't learn how to trade," said Comrade Semkov at the Moscow Provincial Party Conference in 1921 to Comrade Lenin. The bourgeoisie has brought neither large fresh funds of its own nor new commodity funds to revive the economy. Commodity funds were in our hands, and the size of the bourgeois funds, as indicated, were small. But the bourgeoisie brought with them the ability to move in the conditions of commodity-market relations, and we were compelled to give them our commodity funds and our means. Production (industrial) remained in our hands (and agricultural production in the hands of the peasants), but the market connection between different parts of the economy (and often even between different state enterprises) fell into the hands of the bourgeoisie. For this, of course, she generously rewarded herself, but for us it was "payment for science". Only as this “payment” accumulates among the bourgeoisie does it begin to take some roots, firstly, in production, secondly, in organizing trade at its own expense (and not only through the legal and illegal use of state funds and state credit), in- the third - in the money market.
Since in the first period of this activity the bourgeoisie had no means of its own to advance the commodity funds of the state, or there were too few of them, the very nature of the use of its "skill" must have very often been illegal or semi-legal, and bourgeois accumulation must have been typically predatory accumulation, i.e., e. in no way proportional (even according to the bourgeois assessment) of the services it provides. The history of the Soviet bourgeoisie is thus quite simple. Her ability to rotate in market conditions was needed, especially for the first period, while we were almost completely unable to do this; she thus obtained the opportunity to act and, having no means of her own, took advantage of the opportunity to steal them from us, from the state; and nakravshi - then created independent trade at its own expense and capitalist industrial entrepreneurship. The history of bourgeois accumulation in the USSR in its first period is, therefore, first and foremost the history of bourgeois theft in various shapes and forms. And then it starts bourgeois accumulation of the usual type.
In parallel, a narrow circle of small capitalist entrepreneurs was growing out of simple commodity production in the countryside.
In turn, the Soviet state, as it masters the art of maneuvering in the conditions of commodity forms of economy, naturally begins to change its practical line regarding private capital. Instead of the practice of "squandering" 1921-1923. the practice of "pushing aside" private capital from its positions begins, primarily in the area of turnover with products of state industry (1924-1926).
The entire period of the New Economic Policy in relation to the history of private capital must therefore be divided into three parts.
The first period is from 1921 to 1923. This is the period of the creation of modern private capital in our country, plus the involvement in the life of some remnants of the pre-revolutionary past that had not been in an active state until then.
The second period is the next three years, from 1924 to 1926. This is the time of the so-called "normal" operation of private capital. Of course, in this second period there were still many remnants (there are still to this day) of the former illegal methods of making money, but those forms of his activity that are based not on abuses, but on commercial transactions of a legal type are already beginning to prevail.
And the third period is the one that begins in 1927 and whose essence on the part of the state is characterized by the current planned approach to the question of private capital as a whole, and not only to individual manifestations of its activity, such as trade in state products, etc. What tendencies it is characterized by on the part of private capital - we will dwell on this below.
The first period is the period 1921-1923. - characterized mainly by the fact that at that time private capital arose by transferring state funds into private hands in a variety of ways and methods. It can be said that the bourgeoisie that acted in the first period of NEP entered this NEP almost bare-handed, very little, often with almost nothing in their souls, except their enterprise, except for connections in various Soviet institutions, except for their readiness to any crime for the sake of enrichment. The circumstance that it was able to achieve rather great success along these paths, as we shall see, is, of course, due in no small measure to the well-known defect in our state apparatus. In other words, by those bureaucratic perversions the availability of which made it possible, and sometimes still makes it possible, on the economic front, for the private businessman to turn government agencies into instruments and means of his own enrichment. The more the work of the state apparatus of our country improves, the less this opportunity becomes, the more the circle of illegal profit of private capital narrows, the more legal profit comes to the fore.
Classifying the methods of primitive bourgeois accumulation of this period, some of which have survived to this day, I list 12 main types of predatory and illegal emergence and accumulation of private capital. They gave him the opportunity by the end of this period, approximately by 1923/24, to collect in his hands already the sum of several hundred million rubles, with which he then began to operate "normally" (having gradually added the remnants hidden and partly accumulated in period of war communism).
Hidden from pre-revolutionary times, the remnants, and accumulations of the period of war communism from currency transactions and bagging can be counted, as I have already indicated, in the hands of the bourgeoisie about 150 million. g., i.e. about 350 million - all this was accumulated by private capitalists during the first years of NEP as a result of their illegal activities.
The main twelve types of this activity are as follows:
1) agents and accomplices of private capital in the state apparatus,
2) pseudo-state form of activity of private capital,
3) malicious counterparty,
4) illiquid funds,
5) predatory rent,
6) illegal repurchase,
7) smuggling,
8) state money credit,
9) state loans,
10) foreign exchange transactions,
11) tax evasion and
12) pseudo-cooperatives.