Abstract
The discussion on Party ethics in the 1920s is an undeservedly forgotten page in the intellectual history of Soviet society. The new interest in it is due not only to the reawakened thirst for complete knowledge about our past and the much sharpened interest in moral and ethical problems. Another aspect is much more important: it goes back to the sources of socioethical utilitarianism and the distortions in morals associated with it that to a certain extent are specific to socialism. In its current criticism and progress toward overcoming these distortions our society is coming to understand morality as a value in itself, as well as its permanent, universally human foundations. This debate will teach us much, and alert us against a lot. We shall dwell only on a few, in our opinion the most topical, lessons