Olof aschberg lenin biography

  • Born in 1877 in Sweden, Olof Aschberg became a successful businessman and banker, who became internationally renowned for his leftist sympthies, and for his crucial role in helping finance the Bolsheviks in Russia, before and after the October 1917 revolution, earning the sobriquet of "Bolshevik banker." He came under.
  • Olof Aschberg (July 22, 1877 – April 21, 1960) was a Swedish banker of Russian-Jewish descent [1] who served as head of the Stockholm bank Nya Banken.
  • Olof Aschberg (1877–1960) played a dynamic but understudied, even “forgotten,” role in the contacts between the international labor movement, Western finance.

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    Olof Aschberg

    Swedish banker

    Olof Aschberg (July 22, 1877 – April 21, 1960) was a Swedish banker of Russian-Jewish descent[1] who served as head of the Stockholm bank Nya Banken, the first bank in Sweden for trade unions and cooperatives. From August 18, 1922 on he served as Director-General of Roscombank, which was later transformed into Vnesheconombank.

    Aschberg was a leftist sympathizer and helped finance the Bolsheviks during the Russian Revolution. In gratitude, the Bolshevik government allowed Aschberg to do business with the Soviet Union during the 1920s (as was consistent with the New Economic Policy). His co-directors included prominent Swedish cooperatives and Swedish socialists, including G. W. Dahl, K. G. Rosling, and C. Gerhard Magnusson.[2]

    Early years

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    In Stockholm, Aschberg founded the first Swedish bank for trade unions and cooperatives (Nya Banken) in 1912 and became a friend of Hjalmar Branting. When financial operations in favor of the Germans in 1918 caused him trouble with the Allies of World War I, the bank was renamed Svensk Ekonomiebolaget.[3] He was already a successful banker and businessman when he met first Willi Münzenberg who visited the Stockholm Youth Socialist Congress of 1917.[4] Late

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    File No. 862.20261/53

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    The Diplomat and the Entrepreneur: Olof Aschberg – Converter of Capital, Trader in Trust

    Abstract

    Swedish financier, philanthropist, and progressive Olof Aschberg played a dynamic, but “forgotten” role in the contacts between international labor, Western finance, and Soviet power across the world wars. We first suggest Aschberg can be studied as a converter of different forms of capital as well as a trader in trust in between the practices of diplomacy and entrepreneurship. We then outline Aschberg’s wide-ranging activities drawing upon existing secondary literature in lieu of a more systematic study of his life. Third, we concentrate on his interwar solidarity work and anti-fascism based in Paris. We analyze, fourth, his cultural diplomacy and publishing activities out of New York in between the Second World War and the early Cold War. Finally, we argue that Aschberg’s multi-positional and variegated vita illustrates the merit of employing entrepreneurship, in its most broad sense, as an analytical category for investigating the art and practice of citizen diplomacy.

    Introduction

    Swedish banker, philanthropist, and prominent progressive1 Olof Aschberg (1877–1960) played a dynamic but understudied, even “forgotten,” role in the contacts between

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