State capitalism

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  • Bolshevik Economic Policies
    • State capitalism
      • Reasons
        • Inflation
        • Falling employment + productivity
        • Expectations of workers + peasants
      • Capitalist elements
        • Industry remained under private ownership
        • Workers were not allowed to seize control
      • Impact
        • Unpopular
        • Low wages
        • No real change for workers
      • Communist elements
        • Private companies monitored and directed by the state
        • Peasants can seize land
        • Some nationalisation

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