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Economic Backwardness in Historical Perspective (Belknap Press S) Economic Backwardness in Historical Perspective by Alexander Gerschenkron
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“Predictions are precarious. Still, so firmly has the Soviet political system been wedded to the policy of a high and growing rate of investment that at least this observer of its evolution has felt tempted to conclude that no other economic policy would be easily compatible with the maintenance of the Soviet dictatorship; in other words, that a policy of rapid increases of consumer`s welfare either would remain unacceptable to the dictators or, if accepted, would in all likelihood lead to the disintegration of the dictatorship. It matters little in this connection whether future history will verify or falsify this hypothesis. It is referred to here in order to throw into relief the antagonistic nature of the allegedly classless economy in which the investment interest of the government has been continually opposed by the consumption interest of the population.”
Alexander Gerschenkron, Economic Backwardness in Historical Perspective
“It`s a general hazard of social science that the objects of our study time and again tend to confuse the scholarly observer by making statements about themselves. When those statements are supported by monopolistic dominance over communication media on the part of a powerful dictatorial government, their persuasive power is further enhanced. Nevertheless, however often Soviet Russia may introduce itself to the world as a socialist country, the fact remains that the social scientist may find it more illuminating to consider… as an economy which by the will of a ruthless totalitarian government has been kept in the process of a very rapid industrialization. “Accumulate, accumulate! This is Moses and the Prophets!” Those are the words in which Karl Marx tried to describe the quintessence of capitalism. There is every reason to doubt that there has been any economy on modern historical record to which these words would apply with greater justification that to the economy of the Union of the so-called Socialist Soviet Republics”
Alexander Gerschenkron, Economic Backwardness in Historical Perspective