The Viability of Collective Farms in the Urals during the Agrarian Crises of the 1960s–1980s: Synergetic Interpretation of the Objective and Subjective
( Pp. 17-26)
More about authors
Vladimir L. Bersenev
Dr. Sci. (Hist.), Professor, Leading Researcher
Institute of Economics of the Ural Branch of the Russian Academy of Sciences
Yekaterinburg, Russian Federation
Institute of Economics of the Ural Branch of the Russian Academy of Sciences
Yekaterinburg, Russian Federation
Abstract:
This article attempts to characterize the agricultural cycles inherent to collective farm production in the Urals from the second half of the 1960s to the first half of the 1980s using a heuristic synergetic framework. To elucidate the nature of these cyclical fluctuations, H.Ph. Minsky's financial instability hypothesis is also invoked. Based on a graphical method, it is shown that in the process of transition from hedge finance to speculative finance, and then to Ponzi finance, the collective farms of the Urals approached a bifurcation point, and the choice of a new attractor was determined by decisions of the CPSU and the government to write off credit debt and direct additional investments to capital investments and major repairs, etc. The best confirmation of the existence of agricultural cycles is the dynamics of profitability indicators of collective farm production, calculated in two versions — as the ratio of net income to the cost of sold products and as the ratio of net income to the value of fixed production assets and working capital.
How to Cite:
Bersenev, V.L. (2026). The Viability of Collective Farms in the Urals during the Agrarian Crises of the 1960s-1980s: Synergetic Interpretation of the Objective and Subjective. History and Modern Perspectives, 8(2), 17-26. 10.33693/2658-4654-2026-8-2-17-26. EDN: UHLZGI
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Keywords:
cyclical fluctuations, agricultural cycle, synergetics, bifurcation point, attractor, financial instability hypothesis, kolkhoz..
