Transition without Transformation: Russia's Involutionary Road to Capitalism

Instead of the anticipated neoliberal revolutionary break with the past of the neo-institutional aspiration to evolutionary ascent to future capitalism, Russia has experienced what Burawoy calls an involutionary degeneration, brought about by the expansion of the sphere of exchange at the expense of...

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Bibliographic Details
Published in:East European politics and societies 2001-04, Vol.15 (2), p.269-290
Main Author: Burawoy, Michael
Format: Article
Language:English
Subjects:
Capitalism
Economic conditions
Economic decline
Economic reform
Economic theory
Market economies
Politics
Post-communist societies
Russia
Social impact
Transition economies
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Summary:Instead of the anticipated neoliberal revolutionary break with the past of the neo-institutional aspiration to evolutionary ascent to future capitalism, Russia has experienced what Burawoy calls an involutionary degeneration, brought about by the expansion of the sphere of exchange at the expense of production. There has indeed been a market transition but without the anticipated economic, social, and political transformation.
ISSN:0888-3254
1533-8371
DOI:10.1177/088832501766276407