Yevgeni Preobrazhensky

About Yevgeni Preobrazhensky

Yevgeni Alekseyevich Preobrazhensky was a Russian revolutionary, Soviet politician, and Marxist economist. His main contribution to Marxist theory is the concept of "primitive socialist accumulation", which holds that industrialization in an underdeveloped and agrarian economy such as Russia's in 1917 must rely on the squeezing of agriculture, for example by the socialist state buying agricultural goods at low prices and selling back industrial goods at high prices.