To say that history's greatest economic experiment--Soviet
communism--was also its greatest economic failure is to say what
many consider obvious. Here, in a startling reinterpretation,
Robert Allen argues that the USSR was one of the most successful
developing economies of the twentieth century. He reaches this
provocative conclusion by recalculating national consumption and
using economic, demographic, and computer simulation models to
address the "what if" questions central to Soviet history.
Moreover, by comparing Soviet performance not only with advanced
but with less developed countries, he provides a meaningful context
for its evaluation.
Although the Russian economy began to develop in the late
nineteenth century based on wheat exports, modern economic growth
proved elusive. But growth was rapid from 1928 to the 1970s--due to
successful Five Year Plans. Notwithstanding the horrors of
Stalinism, the building of heavy industry accelerated growth during
the 1930s and raised living standards, especially for the many
peasants who moved to cities. A sudden drop in fertility due to the
education of women and their employment outside the home also
facilitated growth.
While highlighting the previously underemphasized achievements
of Soviet planning, "Farm to Factory" also shows, through
methodical analysis set in fluid prose, that Stalin's worst
excesses--such as the bloody collectivization of agriculture--did
little to spur growth. Economic development stagnated after 1970,
as vital resources were diverted to the military and as a Soviet
leadership lacking in original thought pursued wasteful
investments.
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