Capitalism; Imperialism; Saving and investment; Socialism
One of the two champions of the 'populist' movement, Vorontsov, known in
Russia mainly under the _nom de plume_ V. V., (his initials), was an odd
customer. His economics were completely muddled, and as an expert on
theory he cannot be taken seriously at all. The other, Nikolayon
(Danielson), however, was a man of wide education, and thoroughly
conversant with Marxism. He had edited the Russian translation of the
first volume of _Capital_ and was a personal friend of Marx and Engels,
with both of whom he kept up a lively correspondence (published in the
Russian language in 1908). Nevertheless it was Vorontsov who influenced
public opinion among the Russian intelligentsia in the eighties, and
Marxists in Russia had to fight him above all. As for our problem: the
general prospects of capitalist development, a new generation of Russian
Marxists, who had learned from the historical experience and knowledge
of Western Europe, joined forces with George Plekhanov in opposition to
the above-mentioned two representatives of scepticism in the nineties.
They were amongst others Professor Kablukov, Professor Manuilov,
Professor Issayev, Professor Skvortsov, Vladimir Ilyin, Peter v. Struve,
Bulgakov, and Professor Tugan Baranovski. In the further course of our
investigation we shall, however, confine ourselves to the last three of
these, since every one of them furnished a more or less finished
critique of this theory on the point with which we are here concerned.
This battle of wits, brilliant in parts, which kept the socialist
intelligentsia spellbound in the nineties and was only brought to an end
by the walkover of the Marxist school, officially inaugurated the
infiltration into Russian thought of Marxism as an economico-historical
theory. 'Legalist' Marxism at that time publicly took possession of the
Universities, the Reviews and the economic book market in Russia--with
all the disadvantages of such a position. Ten years later, when the
revolutionary risings of the proletariat demonstrated in the streets the
darker side of this optimism about capitalist development, none of this
Pleïad of Marxist optimists, with but a single exception, was to be
found in the camp of the proletariat.
_CHAPTER XIX_
VORONTSOV AND HIS 'SURPLUS'
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