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Jonathan A. Grant has written a highly original study of the Putilov works—the most famous industrial conglomerate in the Russian Empire during the late nineteenth and early twentieth centuries. With the emergence of a capitalist system in the Russian federation in the 1990s, scholarly debate over the nature of Russian capitalism has been revived, and with this study, Grant issues a major challenge to the conventional wisdom on the nature of the Russian economy in the years before the Bolshevik revolution. Grant argues that the Putilov Company, which manufactured arms for the Russian state and a wide range of heavy industrial equipment for civilian use, adopted business practices that resembled the experiences of large machinery and armaments manufacturers in Britain, France, the Austro-Hungarian Empire, and Germany. This interpretation runs directly counter to the traditional and widely held view that Russian capitalism was shaped by the tsarist state's orders and subsidies and that the tsarist system was incompatible with the development of modern capitalism. Grant makes direct comparisons between Putilov and the famous western firm of Krupp and Vickers, illustrating similar business decisions made by both companies in terms of diversification of the product line and a penchant for private (as opposed to state) markets for primary income. Grant has gone beyond Soviet works on the Putilov plant, examining archival documents of the company and offering critical comments on both Soviet and Western scholarship on Russian economic and social history from the perspective of this important industrial enterprise. Grant not only repeatedly demonstrates that the Putilov firm responded effectively to the changing market for its wide range of industrial products but also shows that the tsarist regime provided far more of the "systemic regularity" needed for capitalist development than generally believed. Grant's work is a significant contribution to this ongoing debate, offering a much-needed case study of Russian business history and a comparative study that extends across national boundaries. Big Business in Russia is essential reading for graduate students in Russian and European history and will also appeal to American and European business leaders eager to understand the historical background of the current economic challenges facing Russia.
Despite Cultures examines the strategies and realities of the Soviet state-building project in Tajikistan during the 1920s and 1930s. Based on extensive archival research, Botakoz Kassymbekova analyzes the tactics of Soviet officials at the center and periphery that produced, imitated, and improvised governance in this Soviet southern borderland and in Central Asia more generally. She shows how the tools of violence, intimidation, and coercion were employed by Muslim and European Soviet officials alike to implement Soviet versions of modernization and industrialization. In a region marked by ethnic, linguistic, and cultural diversity, the Soviet plan was to recognize these differences while subsuming them within the conglomerate of official Soviet culture. As Kassymbekova reveals, the local ruling system was built upon an intricate network of individuals, whose stated loyalty to communism was monitored through a chain of command that stretched from Moscow through Tashkent to Dushanbe/Stalinabad. The system was tenuously based on individual leaders who struggled to decipher the language of Bolshevism and maintain power through violent repression.
This handbook provides a comprehensive analysis of business groups around the world. It focuses on the adaptive and competitive capabilities of business groups and their evolutionary dynamics, as well as considering the historical and theoretical contexts of business groups.
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.
An eye-opening, terrifying history of this notorious and widely influential mercenary group. This book exposes the history and the future of the Wagner Group, Russia’s notorious and secretive mercenary army, revealing details of their operations never documented before. Using extensive leaks, first-hand accounts, and the byzantine paper trail left in the group’s wake, Jack Margolin traces the Wagner Group from its roots as a battlefield rumor to a private military enterprise tens of thousands–strong that eventually comes to threaten Putin himself. He follows individual commanders and foot soldiers within the group as they fight in Ukraine, Syria, and Africa, sometimes alongside fellow military contractors from the United Kingdom and the United States. He shows Wagner mercenaries committing atrocities, plundering oil, diamonds, and gold, and changing the course of conflicts from Europe to Africa in the name of the Kremlin’s strategic aims. In documenting the Wagner Group’s story up to the dramatic demise of its chief director, Evgeniy Prigozhin, Margolin demonstrates that Wagner was not an aberration, but a manifestation of the new geopolitical order of global capital, global crime, and of the entrepreneurs that thrive in it.
The twentieth century was not kind to Russia. Despite its great potential and remarkable achievements, the country also bore the weight of two world wars, a revolution and civil war, totalitarian tyranny, famine and ecological destruction, economic ruin, and imperial decline. Will Russia ever be prosperous, peaceful, and free? Seeking clues in the past, Michael Kort revisits earlier turning points in Russia's history--from the fall of the old regime to the establishment of the Bolshevik dictatorship and Stalinist totalitarianism; from the reforms and counter-reforms of Khrushchev and Brezhnev to the tumultuous years of change under Gorbachev and Yeltsin. Which strands of Russia's past is their successor, Vladimir Putin, weaving into the fabric of the present, and which are being allowed to fade, for better or worse? This new edition of The Soviet Colossus brings the story up through the first decade of the twenty-first century. Distinctively readable, judicious, and focused on critical events and questions, it integrates new revelations about the Soviet past and ongoing debates about the Soviet regime as well as its successor. It is the ideal text for as one semester history course or background for a political science course.
This book examines history of Russian finances in the period of Russia's transition from communism to capitalism in the 1990s and in the current decade. It focuses on obstacles to market reforms and macroeconomic policy choices that resulted in the state debt expansion and the financial crisis of 1998.