Lenin called his New Economic Policy (NEP) of 1921 "state capitalism" because it explicitly bowed to foreign investment by bankers and industrialists--the bankers and industrialists who had bankrolled him in the first place.
Because it explicitly bowed to foreign investment by bankers and industrialists--the bankers and industrialists that had bankrolled him in the first place. Lenin called his New Economic Policy (NEP) of 1921, state capitalism.
Lenin called his New Economic Policy (NEP) of 1921, state capitalism. Because it explicitly bowed to foreign investment by bankers and industrialists--the bankers and industrialists that had bankrolled him in the first place.
Lenin called his New Economic Policy (NEP) of 1921, state capitalism. Because it explicitly bowed to foreign investment by bankers and industrialists--the bankers and industrialists that had bankrolled him in the first place.