New economic policy
- war communism was not causing recovery
- brought in NEP
- some private trade allowed
- peasants could sell surplus
- factories purchased potentially by coop for private ownership
- some industry began to recover
- essentially reintroduced aspects of capitalism
Summary
The newly implemented aspects of capitalism brought forth in the NEP would allow the state of Russia to improve but it didn't allow the communist leaders to see the importance of a free market.
“The national economy must be put back on its feet at all costs. The first thing to do is to restore, consolidate, and improve peasant farming… Let the people have their slice of capitalism.” - Vladimir Lenin
What if the NEP had been permanent?