Written in 1921, this book takes the form of a series of lectures, which describe the course of the development of the Soviet economy in the decade after the book's publication. Preobazhensky was a prominent Bolshevik economist, and over a crucial period a supporter of Trotsky's fight against the bureaucratic degeneration of the Soviet Union. Like many others he became a victim of Stalin's purges when he was shot without trial in 1937.
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