Some news that would be completely mundane today but scary or shocking in the past.

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[โ€“] 4 points 2 years ago (1 child)

You couldn't buy a factory for rubles in 1923...

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  • NEP was a thing though. Very limited and tightly controlled, but possible. Both NEPmen and foreign capitalists had a brief window while economy was healing.

    https://en.m.wikipedia.org/wiki/NEPman

    https://en.m.wikipedia.org/wiki/Foreign_concessions_in_the_USSR

    I don't think one could be safe throwing them around like that though. Being big probably meant you have a particular relationship with local administration who don't find you too capitalistic.

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