Development of Capitalism in Russia

This book provides a broad survey of the development of capitalism in Russia from the collapse of the Soviet economic system to the present, and includes the results of substantial new research on the current state of a wide range of Russian enterprises. It surveys, briefly, the old Soviet system, and goes on to chart progress through the early post-Soviet period, when neo-liberal theorists' "shock therapy" did not lead to the immediate development of a capitalist market economy, and traditional enterprises became hugely loss-making, though with a new private sector, predominantly in trade and services, growing up alongside. It considers the crisis of 1998, and its effects, which included the curtailment of speculation, and growing investment in, and revitalisation of, the old industrial sector, which in turn put the new small and medium sized enterprises under increasing pressure. The book concludes with a discussion of the wider theoretical implications of the Russian experience.Clarke, Simon is the author of 'Development of Capitalism in Russia ', published 2007 under ISBN 9780415368254 and ISBN 0415368251.