ABSTRACT
The results of 1932 put a different light on any appraisal of the Russian Revolution that one might have made in 1926. The aim is to abolish profit and to produce for service; the result hitherto has been to exploit labor for the profit of the state trusts. The political aim is liberty; the result hitherto has been terrorism. The aim is political equality; the result has been the loss of the rights of the individual. The aim is labor as a new nobility; the result hitherto has been a new serfdom and the drafting of labor. The aim is an industrial democracy; the result has been a benevolent tyranny. The aim is a lofty idealism; the result has been a debasing cruelty, as in the treatment of the remnants of the privileged classes. In domestic trade, the result of communist methods has been to cause suffering. In international trade the economic result was striking.
