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Capitalism Russian-Style provides a progress report on one of the most important economic experiments going on in the world today: the building of capitalism in Russia. It describes Russian achievements in building private banks, companies, stock exchanges, new laws and law courts. It analyzes the role of the mafia, the new financial empires, entrepreneurs, business tycoons, and the shrinking Russian state. Thane Gustafson tells how the Soviet system was dismantled and the new market society was born, and examines the prospects for a Russian economic miracle in the twenty-first century.
List of contents
1. Revolution or 'crony capitalism'?; 2. Insider privatization and its consequences; 3. Wall Street comes to Moscow; 4. The Russian banks come of age; 5. No capitalism without capitalists; 6. The epidemic of crime; 7. Toward the rule of law; 8. Beyond coping: the recovery of society; 9. The shrinking state and the battle for taxes; 10. Conclusion: halfway to market.
Summary
Capitalism Russian-Style provides a progress report on the building of capitalism in Russia. It describes Russian achievements in building private institutions, and the problems facing the fledgling market economy. Finally, the book examines the prospects for a Russian economic miracle in the twenty-first century.
