Economics of Communism
THE ECONOMIC THEORY OF COMMUNISM
THE theoretical basis of Communism, as far as actual statements of theory are concerned, is very limited. In its most general aspects, of course, Communism is founded upon the Marxian analysis, or, to be exact, upon Lenin's interpretation of the writings of Karl Marx and Friedrich Engels. But this foundation is much too general to be sufficient for the manifold ramifications of the experiment in Communism that is being made in Russia. Additions to it and, sometimes, detractions from it, are made by current writers on Communism in order to make it fit the conditions as they have unfolded themselves.
This sketch is an attempt to systematize in sheer outlines the theory of Communism which is being used by the Soviet leaders, particularly in the domain of economics, as a basis for the policies which they lay down and the institutions they build up, both through their experiment in Russia and through their attempt to extend this experiment on a world-wide scale by means of the Third or Communist International.