Abstract

Nikolai Bukharin is commonly acknowledged to have been one of the most brilliant theoreticians in the Bolshevik movement and an outstanding figure in the history of Marxism. Born in Russia, he studied economics at Moscow University and (during 4 years of exile in Europe and America) at the Universities of Vienna and Lausanne (Switzerland), in Sweden and Norway and in the New York Public Library. While still a student, he joined the Bolshevik movement. Upon returning to Russia in April 1917, he worked closely with Lenin and participated in planning and carrying out the October Revolution. After the victory of the Bolsheviks he proceeded to assume many high offices in the Party (becoming a member of the Politbureau in 1919) and in other important organizations. In these various capacities he came to exercise great influence within both the Party and the Comintern. Under Stalin’s regime, however, he lost most of his important positions. Eventually, he was among those who were arrested and brought to trial under charges of treason and was executed on 15 March 1938.KeywordsAustrian economicsBukharin, N. I.CapitalismFalling rate of profitImperialismLenin, V. I.Luxemburg, R.Marginal revolutionMarx, K. H.MonopolyPeriod of productionPlanningSocialismUnderdevelopmentUneven developmentJEL ClassificationsB31

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