A Succesful Business Model: The Romanian Communist Party as Capitalist Shareholder, March 1948 Cover Image
  • Price 5.00 €

O afacere de succes: P.M.R. şi proprietăţile sale înainte de naţionalizare
A Succesful Business Model: The Romanian Communist Party as Capitalist Shareholder, March 1948

Author(s): Alexandru-Murad Mironov
Subject(s): History, Political history, Social history, Recent History (1900 till today), WW II and following years (1940 - 1949), Post-War period (1950 - 1989)
Published by: Institutul National pentru Studiul Totalitarismului
Keywords: Romanian Communist Party; transition economy; socialization of property; political party finance; banking system;

Summary/Abstract: Financing the Communist movement has always been a secretive operation. In countries where the Communist parties were legal, they gathered money from personal contributions of members, donations, commercial operation, and secret Komintern funds. In countries with no democracy or a limited one, the underground Communist actions were financed through foreign conspirations and agents. This study presents an archival document, dated from March, 1948, describing the Romanian case of transition from a non-Communist regime to a full Communist one, in the late 1940s. Although the Romanian Communist Party already controlled the government, the party-state was not in place, so they could not use the public funding, as they did later. Instead, the Party gained access to managerial decision-making in private companies, factories, and bank, from which they extracted all profits.

  • Issue Year: XXVII/2019
  • Issue No: 1-2
  • Page Range: 181-189
  • Page Count: 9
  • Language: Romanian