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The Lost Politburo TranscriptsFrom Collective Rule to Stalin's Dictatorship$
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Paul Gregory and Norman Naimark

Print publication date: 2008

Print ISBN-13: 9780300134247

Published to Yale Scholarship Online: October 2013

DOI: 10.12987/yale/9780300134247.001.0001

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Prices in the Politburo, 1927: Market Equilibrium versus the Use of Force

Prices in the Politburo, 1927: Market Equilibrium versus the Use of Force

Chapter:
(p.224) 12 Prices in the Politburo, 1927: Market Equilibrium versus the Use of Force
Source:
The Lost Politburo Transcripts
Author(s):
Mark Harrison
Publisher:
Yale University Press
DOI:10.12987/yale/9780300134247.003.0012

This chapter analyzes the transcript of the January 2, 1927 Politburo meeting that focused on the setting of prices, and explains that discussion revolved around the so-called scissor crisis, which involved relatively high industrial prices that inhibited the production of agricultural goods and the grain supply. It also describes how Joseph Stalin sought microeconomic solutions to macroeconomic problems by attacking the ability of the cooperatives and trading agencies to resist price controls.

Keywords:   Politburo meeting, setting of prices, scissor crisis, agricultural goods, grain supply, Joseph Stalin, microeconomic solutions, macroeconomic problems, price controls, cooperatives

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