Dilemmas of Russian Capitalism

Dilemmas of Russian Capitalism

Author: Thomas C. Owen

Publisher: Harvard University Press

Published: 2005-02-28

Total Pages: 304

ISBN-13: 9780674015494

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Fedor Chizhov built the first railroad owned entirely by Russian stockholders, created Moscow’s first bank and mutual credit society, and launched the first profitable steamship line based in Archangel. In this valuable book, Thomas Owen vividly illuminates the life and world of this seminal figure in early Russian capitalism. Chizhov condemned European capitalism as detrimental to the ideal of community and the well-being of workers and peasants. In his strategy of economic nationalism, Chizhov sought to motivate merchants to undertake new forms of corporate enterprise without undermining ethnic Russian culture. He faced numerous obstacles, from the lack of domestic investment capital to the shortage of enlightened entrepreneurial talent. But he reserved his harshest criticism for the tsarist ministers, whose incompetence and prejudice against private entrepreneurship proved his greatest hindrance. Richly documented from Chizhov’s detailed diary, this work offers an insightful exploration of the institutional impediments to capitalism and the rule of law that plagued the tsarist empire and continue to bedevil post-Soviet Russia.


Putin's Labor Dilemma

Putin's Labor Dilemma

Author: Stephen Crowley

Publisher: Cornell University Press

Published: 2021-07-15

Total Pages: 412

ISBN-13: 150175629X

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In Putin's Labor Dilemma, Stephen Crowley investigates how the fear of labor protest has inhibited substantial economic transformation in Russia. Putin boasts he has the backing of workers in the country's industrial heartland, but as economic growth slows in Russia, reviving the economy will require restructuring the country's industrial landscape. At the same time, doing so threatens to generate protest and instability from a key regime constituency. However, continuing to prop up Russia's Soviet-era workplaces, writes Crowley, could lead to declining wages and economic stagnation, threatening protest and instability. Crowley explores the dynamics of a Russian labor market that generally avoids mass unemployment, the potentially explosive role of Russia's monotowns, conflicts generated by massive downsizing in "Russia's Detroit" (Tol'yatti), and the rapid politicization of the truck drivers movement. Labor protests currently show little sign of threatening Putin's hold on power, but the manner in which they are being conducted point to substantial chronic problems that will be difficult to resolve. Putin's Labor Dilemma demonstrates that the Russian economy must either find new sources of economic growth or face stagnation. Either scenario—market reforms or economic stagnation—raises the possibility, even probability, of destabilizing social unrest.


Kremlin Capitalism

Kremlin Capitalism

Author: Joseph R. Blasi

Publisher: Cornell University Press

Published: 2018-10-18

Total Pages: 272

ISBN-13: 1501722220

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The first book to describe Russia's massive economic transformation for an American audience, Kremlin Capitalism provides a wealth of data and analyses not previously available in this country. The authors articulate the political and economic goals of Russian privatization, examine the current ownership of the largest enterprises in Russia, and chart the serious problem of corporate governance in the new private businesses. Kremlin Capitalism is based on the only continuous study of Russian privatization throughout the Russian Federation from 1992 to the present. The authors tracked down the story of the transition in the cities, towns, and villages of fifty of Russia's eighty-nine provinces, updating their findings after the June 1996 election. The result is an up-to-the-minute report of the largest property transfer in history and an analysis of one of this century's most significant economic transformations. The volume also characterizes the position of workers in terms of unemployment, wages, union power, and their changing role as employee shareholders.What really happened when Russia privatized its economy? The Kremlin brokered the initial struggle among different interest groups eager to claim a portion of Russian property: workers, managers, the Mafia, the old Soviet bureaucracy, regular citizens, entrepreneurs, Russian banks, and foreigners. While competing with one another, all struggled to free themselves from seventy years of Communist economic culture. Four years after the process began, have large companies learned to offer goods and services profitably and pay dividends to shareholders? Individual stories come alive as the book explores problems Russians face in structuring a new economic system, defining the ownership and governance of thousands of corporations one by one. Russian economic practices are being forged in the heat of fierce political struggles between resurgent Communists and nationalists and old Soviet managers, on the one hand, and more liberal elements of its infant democratic system on the other. Whether a few big conglomerates and the powerful banks and holding companies from Soviet days will dominate the new Russian economy to the exclusion of most citizens remains to be seen.Many questions persist. How will billions of dollars of capital be raised to retool, restructure, and reorient the heart and soul of Russia's economy? Will open stock markets stimulate a new economic order or will that new order be imposed through strong state supports and subsidies? What role will be played by shadowy conglomerates that are trying to shape a disorganized economy into something resembling the old Soviet system? The authors note the paradox of a capitalism conceived, designed, implemented, and evaluated by the Kremlin when one aim of reform is to allow market forces to play freely. Kremlin Capitalism asks whether rapid privatization has catalyzed or complicated the transition to a more liberal political and economic system, a question that will reverberate for decades.


The Dilemmas of Lenin

The Dilemmas of Lenin

Author: Tariq Ali

Publisher: Verso Books

Published: 2017-04-25

Total Pages: 448

ISBN-13: 178663113X

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The secret life of the man who reshaped Russia Vladimir Ilyich Lenin, leader of the October 1917 uprising, is one of the most misunderstood leaders of the twentieth century. In his own time, there were many, even among his enemies, who acknowledged the full magnitude of his intellectual and political achievements. But his legacy has been lost in misinterpretation; he is worshipped but rarely read. On the centenary of the Russian Revolution, Tariq Ali explores the two major influences on Lenin’s thought—the turbulent history of Tsarist Russia and the birth of the international labour movement—and explains how Lenin confronted dilemmas that still cast a shadow over the present. Is terrorism ever a viable strategy? Is support for imperial wars ever justified? Can politics be made without a party? Was the seizure of power in 1917 morally justified? Should he have parted company from his wife and lived with his lover? In The Dilemmas of Lenin, Ali provides an insightful portrait of Lenin’s deepest preoccupations and underlines the clarity and vigour of his theoretical and political formulations. He concludes with an affecting account of Lenin’s last two years, when he realized that “we knew nothing” and insisted that the revolution had to be renewed lest it wither and die.


Violent Entrepreneurs

Violent Entrepreneurs

Author: Vadim Volkov

Publisher: Cornell University Press

Published: 2016-03-25

Total Pages: 220

ISBN-13: 1501703285

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Entering the shady world of what he calls "violent entrepreneurship," Vadim Volkov explores the economic uses of violence and coercion in Russia in the 1990s. Violence has played, he shows, a crucial role in creating the institutions of a new market economy. The core of his work is competition among so-called violence-managing agencies—criminal groups, private security services, private protection companies, and informal protective agencies associated with the state—which multiplied with the liberal reforms of the early 1990s. This competition provides an unusual window on the dynamics of state formation.Violent Entrepreneurs is remarkable for its research. Volkov conducted numerous interviews with members of criminal groups, heads of protection companies, law enforcement employees, and businesspeople. He bases his findings on journalistic and anecdotal evidence as well as on his own personal observation. Volkov investigates the making of violence-prone groups in sports clubs (particularly martial arts clubs), associations for veterans of the Soviet—Afghan war, ethnic gangs, and regionally based social groups, and he traces the changes in their activities across the decade. Some groups wore state uniforms and others did not, but all of their members spoke and acted essentially the same and were engaged in the same activities: intimidation, protection, information gathering, dispute management, contract enforcement, and taxation. Each group controlled the same resource—organized violence.


The Political Economy of Russia

The Political Economy of Russia

Author: Neil Robinson

Publisher: Rowman & Littlefield

Published: 2012

Total Pages: 241

ISBN-13: 1442210753

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This timely book explores Russia's political development since the collapse of the USSR and how inextricably it has been bound up with economic change. Assessing the legacies of the Soviet period, leading scholars trace the evolution of Russia's political economy and how it may develop as bitter battles continue to be waged over property and state revenues, the development of private agriculture, and welfare. This book puts these domestic issues in international and comparative perspective by considering Russia's position in the global economy and its growing role as a major energy producer. Focusing especially on the nature and future of Russian capitalism, the contributors weigh the political problems that confront Russia in its ongoing struggle to modernize and develop its economy.


Notes from Underground

Notes from Underground

Author: Thomas Cushman

Publisher: SUNY Press

Published: 1995-07-06

Total Pages: 436

ISBN-13: 9780791425442

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Describes the Russian rock music counterculture and how it is changing in response to Russia's transition from a socialist to a capitalist society. It explores the lived experiences, the thoughts and feelings of the rock musicians as they meet the challenges of change.


The Estate Origins of Democracy in Russia

The Estate Origins of Democracy in Russia

Author: Tomila V. Lankina

Publisher: Cambridge University Press

Published: 2021-12-16

Total Pages: 497

ISBN-13: 1009080393

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A devastating challenge to the idea of communism as a 'great leveller', this extraordinarily original, rigorous, and ambitious book debunks Marxism-inspired accounts of its equalitarian consequences. It is the first study systematically to link the genesis of the 'bourgeoisie-cum-middle class' – Imperial, Soviet, and post-communist – to Tzarist estate institutions which distinguished between nobility, clergy, the urban merchants and meshchane, and peasants. It demonstrates how the pre-communist bourgeoisie, particularly the merchant and urban commercial strata but also the high human capital aristocracy and clergy, survived and adapted in Soviet Russia. Under both Tzarism and communism, the estate system engendered an educated, autonomous bourgeoisie and professional class, along with an oppositional public sphere, and persistent social cleavages that continue to plague democratic consensus. This book also shows how the middle class, conventionally bracketed under one generic umbrella, is often two-pronged in nature – one originating among the educated estates of feudal orders, and the other fabricated as part of state-induced modernization.


Russia and the Long Transition from Capitalism to Socialism

Russia and the Long Transition from Capitalism to Socialism

Author: Samir Amin

Publisher: NYU Press

Published: 2016-07-01

Total Pages: 142

ISBN-13: 1583676031

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Out of early twentieth-century Russia came the world’s first significant effort to build a modern revolutionary society. According to Marxist economist Samir Amin, the great upheaval that once produced the Soviet Union has also produced a movement away from capitalism – a long transition that continues even today. In seven concise, provocative chapters, Amin deftly examines the trajectory of Russian capitalism, the Bolshevik Revolution, the collapse of the Soviet Union, the possible future of Russia – and, by extension, the future of socialism itself. Amin manages to combine an analysis of class struggle with geopolitics – each crucial to understanding Russia’s singular and complex political history. He first looks at the development (or lack thereof) of Russian capitalism. He sees Russia’s geopolitical isolation as the reason its capitalist empire developed so differently from Western Europe, and the reason for Russia’s perceived “backwardness.” Yet Russia’s unique capitalism proved to be the rich soil in which the Bolsheviks were able to take power, and Amin covers the rise and fall of the revolutionary Soviet system. Finally, in a powerful chapter on Ukraine and the rise of global fascism, Amin lays out the conditions necessary for Russia to recreate itself, and perhaps again move down the long road to socialism. Samir Amin’s great achievement in this book is not only to explain Russia’s historical tragedies and triumphs, but also to temper our hopes for a quick end to an increasingly insufferable capitalism. This book offers a cornucopia of food for thought, as well as an enlightening means to transcend reductionist arguments about “revolution” so common on the left. Samir Amin’s book – and the actions that could spring from it – are more necessary than ever, if the world is to avoid the barbarism toward which capitalism is hurling humanity.