Original Item. Only One Available. Soviet Competition banners were awards given to individuals or teams for excelling in various fields, particularly in the Soviet Union's planned economy and industrial production. This is one such flag, with both sides bearing the Hammer & Sickle over the Earth with the bottom scroll reading PROLETARIANS OF ALL COUNTRIES, UNITE! With the same phrase in fourteen different languages or dialects on scrolls to the left and right.

One side of the banner has text over the emblem reading COMPETITION BANNER with the text below reading THE WINNER OF THE SOCIALIST COMPETITION. The other side of the banner has text roughly translating to WORK, LIVE, STUDY COMMUNISTICALLY, words to live by if you live in a Communist country!

The banner has three pole attachment loops. Comes ready for further research and display.

Socialist competition or socialist emulation was a form of competition between state enterprises and between individuals practiced in the Soviet Union and in other Eastern bloc states.

Socialist emulation was nominally voluntary everywhere where people worked or served: in industry, in agriculture, in offices, institutions, schools, hospitals, army, etc. With the natural exception of the armed forces, committees of the trade unions were in charge of managing the socialist emulation.

An important component of socialist emulation was "socialist self-obligations". Whilst the production plan was the major benchmark, employees and work collectives were supposed to put forth "socialist self-obligations" and even "enhanced socialist self-obligations" beyond the plan, both either as a collective or individually.

In Soviet practice, workers were however often underpaid, undernourished, and their sacrifice was the Party's method of choice to "circumvent the technical inadequacy".

Deadlines for tallying up the results of a socialist emulation were usually set at major socialist and communist holidays or notable dates, like the birthday of Vladimir Lenin or the anniversary of the October Revolution.

Winners were awarded both materially and morally. Material awards were money, goods, or perks specific to socialist systems, such as tickets to resorts, authorizations for a trip abroad, right to obtain a dwelling, or a car outside the main queue, etc. Moral awards were honorary diplomas, honorary badges, and/or putting winners' portraits on the "Board of Honor"; work collectives were awarded with the "Transferable Red Banner of the Socialist Emulation Winner". More prestigious was the nomination to state orders and medals for services rendered by individuals and by state enterprises.