Note 57 — X THE NATIONALIZATION OF INDUSTRY—II
Reading edition
Yet we find the Bolshevik, Bazhenov, writing in the Economicheskaya Zhizn (No. 50), in March, 1919, the following nonsense: “The only salvation for Russia’s industry lies in the nationalization of large enterprises and the closing of small and medium-sized ones.” Bazhenov is evidently a doctrinaire Marxist of the school to whom one ounce of theory is of more worth than a ton of facts.