ABSTRACT

The rejection of the opposition proposals at the Thirteenth Party Conference and the endorsement of the official policy of expanding exchange between town and village by lowering industrial prices proved to be only the first round of the fight. The lowering of industrial prices, to which official policy had given priority, could only properly follow as a result of increased capital accumulation and the re-equipment of industry; whereas at present it simply reduced capital accumulation by lowering industrial profits. In 1928–9 the decision was taken to accelerate the pace of industrialisation and to put renewed restrictions on the kulak. Many have been puzzled by the fact that those who sponsored a renewed offensive against the kulaks and a hastened tempo of industrialisation in 1928 were largely the same persons as had condemned this when it had been the policy of the opposition in 1925.