New Economic Policy in the context of "Left Opposition"

Lev Davidovich Trotsky (né Bronstein; 7 November [O.S. 26 October] 1879 – 21 August 1940), better known as Leon Trotsky, was a Russian revolutionary, Soviet politician and political theorist. He was a key figure in the 1905 Revolution, October Revolution of 1917, Russian Civil War, and the establishment of the Soviet Union, from which he was exiled in 1929 before his assassination in 1940. Trotsky and Vladimir Lenin were widely considered the two most prominent figures in the Soviet state from 1917 until Lenin's death in 1924. Ideologically a Marxist and a Leninist, Trotsky's ideas inspired a school of Marxism known as Trotskyism.

Trotsky joined the Russian Social Democratic Labour Party in 1898, being arrested and exiled to Siberia for his activities. In 1902 he escaped to London, where he met Lenin. Trotsky initially sided with the Mensheviks against Lenin's Bolsheviks in the party's 1903 schism, but declared himself non-factional in 1904. During the 1905 Revolution, Trotsky was elected chairman of the Saint Petersburg Soviet. He was again exiled to Siberia, but escaped in 1907 and lived abroad. After the February Revolution of 1917, Trotsky joined the Bolsheviks and was elected chairman of the Petrograd Soviet. He helped to lead the October Revolution, and as the People's Commissar for Foreign Affairs negotiated the Treaty of Brest-Litovsk, by which Russia withdrew from World War I. He served as People's Commissar for Military Affairs from 1918 to 1925, during which he built the Red Army and led it to victory in the civil war. In 1922 Lenin formed a bloc with Trotsky against the growing Soviet bureaucracy and proposed that he should become a deputy premier, but Trotsky declined. Beginning in 1923, Trotsky led the party's Left Opposition faction, which supported greater levels of industrialisation, voluntary collectivisation and party democratisation in a shared framework with the New Economic Policy.

The socialist market economy (SME) is the economic system and model of economic development employed in the People's Republic of China. The system is a market economy with the predominance of public ownership and state-owned enterprises. The term "socialist market economy" was introduced by Jiang Zemin during the 14th National Congress of the Chinese Communist Party (CCP) in 1992 to describe the goal of China's economic reforms.

Originating in the Chinese economic reforms initiated in 1978 that integrated China into the global market economy, the socialist market economy represents a preliminary or "primary stage" of developing socialism. Some commentators describe the system as a form of "state capitalism", while others describe it as an original evolution of Marxism, in line with Marxism–Leninism similar to the "New Economic Policy" of the Soviet Union, adapted to the cohabitation with a globalized capitalist system.

The history of the Soviet Union (USSR) (1922–1991) began with the ideals of the Russian Bolshevik Revolution and ended in dissolution amidst economic collapse and political disintegration. Established in 1922 following the Russian Civil War, the Soviet Union quickly became a one-party state under the Communist Party. Its early years under Lenin were marked by the implementation of socialist policies and the New Economic Policy (NEP), which allowed for market-oriented reforms.

The rise of Joseph Stalin in the late 1920s ushered in an era of intense centralization and totalitarianism. Stalin's rule was characterized by the forced collectivization of agriculture, rapid industrialization, and the Great Purge, which eliminated perceived enemies of the state. The Soviet Union, one of the Big Four Allied powers alongside the United States, the United Kingdom, and China, played a crucial role in the Allied victory in World War II, but at a tremendous human cost, with millions of Soviet citizens perishing in the conflict.

The Great Break (Russian: Великий перелом), also called the Great Turn, was the radical change in the economic policy of the USSR from 1928 to 1929, primarily consisting of the process by which the New Economic Policy (NEP) of 1921 was abandoned in favor of the acceleration of collectivization and industrialization and also a cultural revolution. The term came from the title of Joseph Stalin's article "Year of the Great Turn: Toward the 12th Anniversary of October" («Год великого перелома: к XII годовщине Октября») published on 7 November 1929, the 12th anniversary of the October Revolution. David R. Marples argues that the era of the Great Break lasted until 1934.

One of the factors that directly contributed to the Great Break was the war scare of 1926–27. Because Stalin and other senior leaders believed in the imminent threat of a Western invasion (particularly from the British Empire and Poland), they decided that the gradualism of the NEP years had to be replaced by a fast-paced policy, aiming to transform the country into an industrial powerhouse with a strong military.

The first five-year plan (Russian: I пятилетний план, первая пятилетка, romanized: I pyatiletniy plan, pervaya pyatiletka) of the Union of Soviet Socialist Republics (USSR) was a list of economic goals, implemented by Communist Party General Secretary Joseph Stalin, based on his policy of socialism in one country. Leon Trotsky had delivered a joint report to the April Plenum of the Central Committee in 1926 which proposed a program for national industrialisation and the replacement of annual plans with five-year plans. His proposals were rejected by the Central Committee majority which was controlled by the troika and derided by Stalin at the time. Stalin's version of the five-year plan was implemented in 1928 and took effect until 1932.

The Soviet Union entered a series of five-year plans which began in 1928 under the rule of Joseph Stalin. Stalin launched what would later be referred to as a "revolution from above" to improve the Soviet Union's domestic policy. The policies were centered around rapid industrialization and the collectivization of agriculture. Stalin desired to remove and replace the mixed-economy policies of the New Economic Policy. Some scholars have argued that the programme of mass industrialisation advocated by Leon Trotsky and the Left Opposition was co-opted after Trotsky's exile to serve as the basis of Stalin's first five-year plan. According to historian Sheila Fitzpatrick, the scholarly consensus was that Stalin appropriated the position of the Left Opposition on such matters as industrialisation and collectivisation.

War communism (Russian: Военный коммунизм, romanized: Vojenný kommunizm), also called military communism, was the economic and political system that existed in Soviet Russia during the Russian Civil War from 1918 to 1921. War communism began in June 1918, enforced by the Supreme Economic Council. It ended on 21 March 1921, with the beginning of the New Economic Policy, which lasted until 1928. The system has often been described as simple authoritarian control by the ruling and military castes to maintain power and control in the Soviet regions, rather than any coherent political ideology. The Soviet propaganda justified it by claiming that the Bolsheviks adopted this policy with the goal of keeping towns (the proletarian power-base) and the Red Army stocked with food and weapons since circumstances dictated new economic measures.

The deadly Russian famine of 1921–22 was in part triggered by Vladimir Lenin's war communism policies, especially food requisitioning. However, the famine was preceded by bad harvests, harsh winter, drought especially in the Volga Valley which was exacerbated by a range of factors including the war, the presence of the White Army and the methods of war communism. The outbreaks of diseases such as cholera and typhus were also contributing factors to the famine casualties.

The 11th Congress of the Communist Party of the Soviet Union was held during 27 March – 2 April 1922 in Moscow. The congress was attended by 522 with a casting vote alongside 165 with consultative vote, and elected the 11th Central Committee.

The main purpose of the congress was to review the results of the New Economic Policy that was decided in the 10th Congress. As a result, the congress concluded that the capitalist mixed economy in the Soviet Union would need to come to an end. This led them to resolve that the trade unions were to be given more power in both the economy and politics.