The Anatomy of Russian Capitalism. The 2-nd edition

Menshikov S.M.  The Anatomy of Russian Capitalism. The 2-nd edition
Author: Menshikov S.M.
Year: 2008
Pages: 464
Cover: hard cover
Book size: 60х90/16
ISBN: 978-5-7133-1228-2

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The book of a well-known economist is a scanner of the unique structure and development of the Russian economy, the establishment of an oligarchic model. The book examines its negative consequences - the narrowness of the domestic market, chronic inflation, low income majority of the population, excessive fuel and commodity dependence, lagging most industries, general economic instability, the tendency to parasitism and technical stagnation.

 

The new edition analyzes the major changes that have occurred in recent years in the major links of the Russian economy and its structure - the disappearance of some and the emergence of other financial oligarchic groups, the rapid growth of state capitalism: the creation of large state-owned corporations, the emergence of powerful "the Kremlin's financial and industrial group”, entry into the capitalist class of new millionaires from officials.

 

The book illustrates the pattern of transition to a new, more active industrial policy of the state and its prospects in the form of a forecast of economic development of Russia until 2030 and  its place in the world economy.

 

 Меньшиков С.М. Профессор Станислав Меньшиков - автор фундаментальных исследований по проблемам мировой и отечественной экономики. Среди его книг последних лет - монографические работы о крахе советской экономики ("Катастрофа или катарсис?") и путях перехода к рынку ("Экономика России").

 

Professor Stanislav Menshikov is an author of fundamental research on the global and domestic economy. Among his recent books are monographs about the collapse of the Soviet economy ("Catastrophe or catharsis?") and the  transition to a market economy ("Russian Economy").

 

In his new book, he examines in general process of the formation and development of Russian capitalism in the post-Soviet period. By analyzing the distinctive features of the capitalist system in the country, the author concludes that the Russian was oligarchic capitalism, distorted toward the overwhelming dominance of a small group of banking and industrial monopolies groups with the inevitable, but the fundamental macroeconomic imbalances that prevent the normal development of the country. According to author Russia's economy was trapped, and the output from it is impossible without radical change in the oligarchic structure.