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Economism

 

The label applied to a group of moderate Russian Social Democrats at the end of the nineteenth and the beginning of the twentieth century.

An offshoot of the legal Marxists, the economist group emphasized the role of practical activity among industrial workers. According to their theories, activism at the rank-and-file level would lead to social change: Agitation for a ten - hour day, limitation on fines for petty infractions, better sanitation in the workplace, and so forth would ignite conflict with tsarist officialdom. Class conflict would provoke revolutionary political demands and eventually lead to a bourgeois - liberal revolution, which all Russian Marxists of the time thought necessary before the advent of socialism. For the time being, though, these economist Marxists were willing to follow worker demands rather than impose an explicitly socialist agenda on the laboring class. Workers involved themselves in strikes, mutual aid societies, and consumer and educational societies to raise their class consciousness. Thus this faction criticized the leading role assigned to the revolutionary intelligentsia by scientific Marxists such as Georgy Plekhanov and Pavel Axelrod.

Organized as the Union of Social Democrats Abroad, the economists published the newspaper Rabochaia Mysl from 1897 to 1902 in St. Petersburg, Berlin, and Warsaw. While mostly concerned with worker grievances and local conditions, this newspaper (at first produced by St. Petersburg workers) did bring out a "Separate Supplement" in issue 7, written by Konstantin Takhtarev, that was critical of the more radical Marxists. The economists also sponsored the journal with a more political and theoretical character: Rabochee Delo, published from 1899 to 1902 in Switzerland. Economism is sometimes linked to the leading German revisionist Marxist Eduard Bernstein (1850 - 1932).

In 1899 one of the economists, Yekaterina Kuskova, wrote a "Credo," which came to the attention of Vladimir Ilich Lenin, who penned a protest the same year. That group's practical and local emphasis continued to be attacked, somewhat unfairly, by Lenin and his supporters in Iskra (Spark) and later in "What Is to Be Done?" (1902). Lenin argued that the opportunist notions of economism, as opposed to his revolutionary activism, justified a split in Russian Social Democracy the following year.

Several of the leading economists, for example, Sergei Prokopovich, later became liberals, like the more famous legal Marxist Peter Struve. Both Prokopovich and Kuskova became anticommunists and participated in an emergency relief committee during the 1920 - 1921 famine. Soon afterward they were arrested in the general crackdown on Lenin's opponents.

Bibliography

Harding, Neil. (1977). Lenin's Political Thought, vol. 1. London: Macmillan.

Lenin, Vladimir Ilich. (1978). Collected Works, vol. 4. Moscow: Progress Publishers.

—MARTIN C. SPECHLER

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Wikipedia: Economism
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Economism is a term used to describe economic reductionism, that is the reduction of all social facts to economical dimensions. It is also used to criticize economics as an ideology, in which supply and demand are the only important factors in decisions, and literally outstrip or permit ignoring all other factors. It is believed to be a side effect of neoclassical economics and blind faith in an "invisible hand" or "laissez-faire" means of making decisions, extended far beyond controlled and regulated markets, and used to make political and military decisions. Conventional ethics would play no role in decisions under pure economism, except insofar as supply would be withheld, demand curtailed, by moral choices of individuals. Thus, critics of economism insist on political and other cultural dimensions in society.

The term of "economism" has been widely used in the Marxist discourse since Lenin who criticized Karl Kautsky. Marxist theorists have also often criticized "vulgar Marxism" for its economism about ideological discourse. It was also used by economist Charles Bettelheim, and is sometimes used today to criticize neoliberalism (as the term "single thought").

Economism should not be confused with economic determinism, the belief that measurable economic circumstances drive all human psychology and choices. While determinism is a necessary aspect of the ideology of economism, it is not sufficient to explain why people would seek to predict, via economic curve making, what they could choose to change. Economism does not seem to permit any escape from the "inevitable" impacts of "free market" dynamics: there is no viable escape route other than submission to a system of valuation, pricing, and open bidding, which are exactly those systems that Karl Marx claimed led to a systematic oppression through his critique of commodity fetishism, and Joseph Schumpeter argued would cause free market systems to lose public support.

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Russian History Encyclopedia. Encyclopedia of Russian History. Copyright © 2004 by The Gale Group, Inc. All rights reserved.  Read more
Wikipedia. This article is licensed under the Creative Commons Attribution/Share-Alike License. It uses material from the Wikipedia article "Economism" Read more