Russia's Last Capitalists: The Nepmen, 1921-1929

In 1921 Lenin surprised foreign observers and many in his own Party, by calling for the legalization of private trade and manufacturing. Within a matter of months, this New Economic Policy (NEP) spawned many thousands of private entrepreneurs, dubbed Nepmen. After delineating this political background, Alan Ball turns his attention to the Nepmen themselves, examining where they came from, how they fared in competition with the socialist sector of the economy, their importance in the Soviet ...