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Do you think that the way Lenin instituted Marxism in Russia ultimately led to many of the problems they experienced later on? Explain.

User TSR
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Answer:

The answer is yes

Step-by-step explanation:

Lenin instituted the basis of a marxist, centralized, and planned economy in the Soviet Union. The main elements of this system are: one-party rule, the abolition of private property, the prohibition of unemployment, the disappearance of market pricing, and the centralized planning of the economy.

These elements do not result in a good economic performance because they do not allow economic calculation to take place: because prices are not market-based, firms cannot calculate costs and allocate resources efficiently.

This measures that Lenin first took were taken to the extreme by Stalin, and while at first they produced great industrial growth and output, other economic sectors like agriculture actually worsened (leading to famine), and the economy as a whole became inefficient and lagging. This poor economic performance would eventually bring about the collapse of the Soviet Union (along with other factors as well).

User Jieong
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