Perhaps you are confused when you see the rich capitalists and the .0001% wealthiest pushing socialism; well you shouldn't be. It is, and has always been, about control of you and me.
http://www.ijors.net/issue1_1_2012/articles/bolton.html
Perhaps you are confused when you see the rich capitalists and the .0001% wealthiest pushing socialism; well you shouldn't be. It is, and has always been, about control of you and me. http://www.ijors.net/issue1_1_2012/articles/bolton.html
WWW.IJORS.NET
Responses of International CAPITAL to the Russian Revolutions | K. R. BOLTON | IJORS International Journal of Russian Studies
Monopoly capitalism and socialism are by no means irreconcilable. There are sufficient historical examples of a cordial relationship between the two to question the universal validity of the ‘socialism versus capitalism’ dichotomy. There have also been circumstances in which monopoly capitalism has not been adverse to even violent social revolutions in order to overthrow systems that were considered economically antiquated and not suitable for allowing the full potential for industrialisation and capital investment. This essay examines the response of significant sections of international capital towards both the March and the November 1917 Revolutions in Russia. This includes the funding by New York banker Jacob Schiff of revolutionary propaganda among the Russian POWs of the Russo-Japanese War that laid foundations for the revolutionary cadres of the 1917 revolutions; the enthusiasm with which the March Revolution was greeted by important sections of international finance in London and New York, the efforts of business interests to secure the diplomatic recognition of the embryonic Bolshevik Government, the aims of the American Red Cross Mission and its initiator William Boyce Thompson, the efforts of Washington Vanderlip to secure early concessions from the Soviet state, the first Soviet international bank Ruskombank and the involvement of Western capital, the first foreign concessionaire Armand Hammer and the role his father Julius had in hosting the Trotsky family in the USA, and the differing outlooks of Trotsky and Stalin towards foreign capital. Also considered is the ‘militarisation of labour’ by the Soviet state as being helpful to foreign business, and the intrinsic relationship between Big Business and revolution.
0 Comments 0 Shares