New Economic Policy
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The New Economic Policy was an economic policy of the Soviet Union proposed by Vladimir Lenin in 1921 as a temporary expedient. Lenin characterized the NEP in 1922 as an economic system that would inc
Reestablishment of a stable currency, the gold-backed chervonets, was an essential policy component of the Soviet state's return to a money-based economy.
"Nepmen", caricature by Dmitry Kardovsky, 1920s
"Businessman", from the series "Grimaces of NEP", 1922, by artist Veniamin Romov.
Nikolai Bukharin
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Nikolai Ivanovich Bukharin was a Russian revolutionary, Soviet politician, and Marxist theorist. A prominent Bolshevik described by Vladimir Lenin as a "most valuable and major theorist" of the Commun
New Economic Policy
…escalated, and force became an acceptable means of removing the wealthier class or the "enemy of the people". By 1924, the year of Lenin's death, Nikolai Bukharin had become the foremost supporter of the New Economic Policy. The USSR abandoned NEP in 1928 after Joseph Stalin obtained a position of leadership…
Bukharin c. 1920s
Bukharin's Okhrana mugshot c. 1909–1911
Delegates to the 2nd World Congress of the Comintern in Moscow, 1920. Left to right: Giacinto Serrati, Leon Trotsky, Alfred Rosmer, Paul Levi, Grigory Zinoviev, Nikolai Bukharin, Mikhail Kalinin, Karl Radek.
Kliment Voroshilov, Semyon Budyonny, Mikhail Frunze and Nikolai Bukharin in Novomoskovsk 1921 with the 1st Cavalry Army (Konarmia)