modern industry except the excessive rewards of the capitalists. And the harsh discipline to which they are subjecting the workers is calculated, if anything can, to give them the habits of industry and honesty which have hitherto been lacking, and the lack of which alone prevents Russia from being one of the foremost industrial countries.
FOOTNOTES:
VI ToC
THE FAILURE OF RUSSIAN INDUSTRY
At first sight it is surprising that Russian industry should have collapsed as badly as it has done, and still more surprising that the efforts of the Communists have not been more successful in reviving it. As I believe that the continued efficiency of industry is the main condition for success in the transition to a Communist State, I shall endeavour to analyse the causes of the collapse, with a view to the discovery of ways by which it can be avoided elsewhere.
Of the fact of the collapse there can be no doubt. The Ninth Congress of the Communist Party (March-April, 1920) speaks of "the incredible catastrophes of public economy," and in connection with transport, which is one of