Capitalism; Imperialism; Saving and investment; Socialism
Such was the setting in Western Europe. In the Russia of that time,
however, the picture was different indeed. Here, the seventies and
eighties represent in every respect a period of transition, a period of
internal crises with all its agonies. Big industry only now staged its
real entry, fostered by the period of high protective tariffs. In
particular, the introduction of a tariff on gold at the Western frontier
in 1877 was a special landmark in the absolutist government's new policy
of forcing the growth of capitalism. 'Primitive accumulation' of capital
flourished splendidly in Russia, encouraged by all kinds of state
subsidies, guarantees, premiums and government orders. It earned profits
which would already seem legendary to the West. Yet the picture of
internal conditions in contemporary Russia was anything but attractive
and auspicious. On the plains, the decline and disintegration of rural
economy under the pressure of exploitation by the Exchequer and the
monetary system caused terrible conditions, periodical famines and
peasant risings. In the towns, again, the factory proletariat had not
yet been consolidated, either socially or mentally, into a modern
working class. For the greater part, it was still closely connected with
agriculture, and remained semi-rural, particularly in the large
industrial parts of Moscow-Vladimir, the most important centre of the
Russian textile industry. Accordingly, primitive forms of exploitation
were countered by primitive measures of defence. Not until the early
eighties did the spontaneous factory revolts in the Moscow district with
their smashing up of machines provide the impetus for the first
rudiments of factory legislation in the Czarist Empire.
If the economic aspect of Russian public life showed at every step the
harsh discords of a period of transition, there was a corresponding
crisis in intellectual life. 'Populism', the indigenous brand of Russian
socialism, theoretically grounded in the peculiarities of the Russian
agrarian constitution, was politically finished with the failure of the
terrorist party of 'Narodnaya Volya', its extreme revolutionary
exponent. The first writings of George Plekhanov, on the other hand,
which were to pave the way in Russia for Marxist trains of thought, had
only been published in 1883 and 1885, and for about a decade they seemed
to have little influence. During the eighties and up to the nineties the
mental life of the Russian, and in particular of the socialist
intelligentsia with their tendency towards opposition, was dominated by
a peculiar mixture of 'indigenous' 'populist' remnants and random
elements of theoretical Marxism. The most remarkable feature of this
mixture was scepticism as to the possibility of capitalist development
in Russia.
Public-domain text, read in full here on John Shaqi.
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