By André Mommen

This booklet analyses the contribution of Eugen (Jenő) Varga (1879-1964) on Marxist-Leninist fiscal concept in addition to the impact he exercised on Stalin’s international coverage and during the Comintern at the foreign communist circulate. throughout the Hungarian Councils’ Republic of 1919 Varga was once a kind of mainly answerable for reworking the economic climate into one huge commercial and agrarian enterprise lower than country authority. After the autumn of the progressive regime that 12 months, Varga joined the Hungarian Communist celebration, quickly and then, he could turn into one of many Comintern’s prime economists, predicting the inevitable obstacle of the capitalist system.

Varga grew to become the Soviet Union’s reliable propagandist. As an monetary expert he may propose the Soviet govt on German reparation funds and, not like Stalin, believed that the capitalist nation will be capable of plan post-war financial restoration, which contradicted Stalin’s international coverage approach and resulted in his shame. hence by way of the start of the chilly battle in 1947, Varga was once discredited, yet allowed to maintain a minor educational place. After Stalin’s demise in 1953 he reappeared as a well-respected economist whose political impact had still waned.

In this research Mommen unearths how Stalin’s view on foreign capitalism and inter-imperialist rivalries was once profoundly prompted through debates within the Comintern and by means of Varga’s inspiration of the overall problem of capitalism. even though Stalin liked Varga’s cleverness, he by no means depended on him while making his strategic international coverage judgements. This was once truly verified in August 1939 with Stalin’s pact with Hitler, and in 1947, together with his refusal to take part in Marshall’s ecu restoration Plan.

This e-book can be of curiosity to a large choice of scholars and researchers, together with these focusing on the background of financial concept, Soviet stories, diplomacy, and eu and chilly conflict background.

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Extra resources for Stalin's Economist: The Economic Contributions of Jenö Varga (Routledge Studies in the History of Economics)

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In particular, many people turn to medication in an attempt to make their lives happier. In the 1960s, illegal psychedelics became Perelman 01 chap01 32 18/5/05 10:49:43 am People as Consumers 33 popular. In the 1970s Valium topped the charts as the most widely prescribed drug in the United States, only to be replaced by Xanax in 1986. Today, Prozac is the world’s most widely prescribed drug. MARKETS AND HAPPINESS What might explain the seeming decline in happiness in the United States? Could markets themselves be responsible?

Does any parent seriously believe that children would actually make such a calculation—especially when their parents pocketed their earnings? Similarly, Steven Cheung maintains that riverboat pullers who towed wooden boats in precommunist China similarly agreed to hire monitors to whip them to restrict shirking (Cheung 1983: 5). Perhaps those children defied all of our understanding of child psychology and chose to have themselves beaten to earn more money for their parents. Following that logic, we could extend our notion of voluntarism to slavery.

In Veblen’s day, the working class were too poor to participate in the Potlatch. Today, business needs them to join in. Profit-maximizing companies attempt to lower costs—especially wage costs—as much as possible. At the same time, modern cost-reducing technologies tend to depend upon economies of scale—meaning that they can only achieve the cost savings by producing larger quantities of output. The limitation on wages, however, restricts the demand for these goods. As a result, the real problem that corporations face is not scarcity but an endemic shortage of demand.

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Stalin's Economist: The Economic Contributions of Jenö Varga by André Mommen
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