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Politics : Formerly About Advanced Micro Devices
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To: TimF who wrote (463579)3/13/2009 5:45:57 PM
From: tejek  Read Replies (1) of 1578501
 
As it turns out, Russia was hardly effected by the depression......it seems Marxism helped make it immune.

Soviet Union

Having removed itself from the capitalist world system both by choice and as a result of efforts of the capitalist powers to isolate it, the Great Depression had little effect on the Soviet Union. A Soviet trade agency in New York advertised 6,000 positions and received more than 100,000 applications.[50] This was a period of industrial expansion for the USSR as it recovered from revolution and civil war, and its apparent immunity to the Great Depression seemed to validate the theory of Marxism and contributed to Socialist and Communist agitation in affected nations. This in turn increased fears of Communist revolution in the West, strengthening support for anti-Communists, both moderate and extreme. Unlike the previous similar famine in Russia, information about the Soviet famine of 1932–1933 was suppressed by the Soviet authorities until perestroika. In 1933 workers' real earnings sank to about one-tenth of the 1926 level.[51] Common and political prisoners in labor camps were forced to do unpaid labor, and communists and Komsomol members were frequently "mobilized" for various construction projects.
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