The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd

Bukharin, Nikolai Ivanovitch (1888–1938)

  • Donald J. Harris
Reference work entry


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.


Austrian economics Bukharin, N. I. Capitalism Falling rate of profit Imperialism Lenin, V. I. Luxemburg, R. Marginal revolution Marx, K. H. Monopoly Period of production Planning Socialism Underdevelopment Uneven development 

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© Macmillan Publishers Ltd. 2018

Authors and Affiliations

  • Donald J. Harris
    • 1
  1. 1.