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Lenin's New Economic Policy was a temporary measure instituted in order to rebuild the Russian economy. It permitted peasant farmers to grow crops for personal profit and permitted small businesses, typically those with fewer than 10 employees, to operate for profit. After years of "war communism" during the Russian Civil War, the Russian economy was worse off than it had been under the final years of the Tsarist regime. Many hard-line Bolsheviks felt this was capitulating to capitalism but Lenin stated it was simply taking two steps forward and one back.

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Q: What was Lenin's compromise between the ideas of capitalism and communism?
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What was Lenins original view toward property ownership?

Lenin's view toward property ownership was that it had to be abolished if capitalism were to be eliminated and socialism (and later communism) successfully imposed on the society. As Karl Marx had said the essence of capitalism is the private ownership of property. Abolish private ownership of property and you abolish capitalism. One of the very first things Lenin did after the Revolution was to abolish the private ownership of property and vest it in the state.


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