History 328
History of the Soviet Union since 1917
February 21, 2001
The Five-Year Plan in Industry
"Consumption is the sole purpose and end of production." - Adam Smith
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Construction of Magnitogorsk, 1929-30 (photograph by Georgii Petrusov)
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Construction of Magnitogorsk, 1932 (photograph by Anatolii Skurikhin)
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I. Conceptualizing industrialization
A. Industrialization as path to modernization
B. Industrialization requires investment
C. Soviet industrialization debates: where to get the capital?
1. Trotsky and Preobrazhensky
2. Bukharin
II. Planning and the Command-Administrative System
A. Central planning as a method
B. Competing schools of planning
1. "balance" method
2. "teleological" method
C. Maximum vs minimum plans
1. assumptions underlying maximum plan
2. reasons for choosing maximum plan
D. The Plan in figures
III. Results
A. Growth of economic indices
B. Disappearance of "plan" (in figures)
C. Consequences of "bacchanalian planning"
Baltic-White Sea Canal (July 1996)
(photo by Diane Koenker- all rights reserved)
